Nearly 11 million households fell behind on their mortgage and rent payments during the first three months of the COVID-19 pandemic, according to a new report published to the Mortgage Bankers Association's (MBA) Research Institute for Housing America (RIHA). The ...
Read More »CDC-Issued Eviction/Foreclosure Moratorium Targeted by Lawsuits
Early this month the CDC ordered a halt on foreclosures and evictions through the end of 2020. At the time, some pundits predicted resistance, which is occurring in the form of lawsuits, reported the Davis Brown Law Firm on its ...
Read More »Fannie Mae Report Details Housing’s ‘V-Shaped’ Recovery
Fannie Mae's latest Economic & Housing Outlook reported that the GSE's economics team expects Q3 real gross domestic product (GDP) to grow at an annualized pace of 30.4%. This represents an increase from Fannie's August forecast of 27.2%. For the ...
Read More »Announcing Laurie A. Maggiano Legacy Award Finalists
In a year of challenges, it’s all the more important to recognize excellence. One way we do this at MReport is our annual September Women in Housing issue. Packed with content driven by female mortgage leaders, within this edition we also announced the 2020 Keystone Award finalists.
Read More »The Week Ahead: Government Hearings on COVID-19 Response
Next week, both the House and the Senate will be turning their attention to industry and government response to the ongoing COVID-19 pandemic. Here's what else is happening in The Week Ahead.
Read More »House Flips Down But Profits Rebound
The second quarter experienced the flipping of 53,621 single-family homes and condominiums, or 6.7% of all home sales, according to new statistics from ATTOM Data Solutions. This represented one in 15 transactions. The second quarter’s flipping total was down from ...
Read More »HUD Offers Assistance For Oregon Wildfire Victims
The U.S. Department of Housing and Urban Development (HUD) recently announced federal disaster assistance for the State of Oregon to provide support to homeowners and low-income renters displaced from their homes in areas affected by wildfires and straight-line winds. President ...
Read More »Report Reveals Recent Mortgage Quality Control Trends
ACES Quality Management (ACES), a provider of management software for the financial services industry, this week announced the release of the quarterly ACES Mortgage QC Trends Report. The latest report, which provides nationwide loan quality findings based on data from ...
Read More »Industry Webinar Spotlight: Mitigating Risk, CWCOT Changes
Revisit some of DS News’ complimentary webinars. From servicing risk to updates to HUD’s Claims Without Conveyance of Title program, click through to view our 2020 webinar lineup featuring insights from industry subject-matter experts.
Read More »Investor Update: Single-Family Rent Price Growth Stabilizes
"As job losses slowed in July, rent growth steadied,” said Molly Boesel, Principal Economist at CoreLogic. “However, increases in rents should remain sluggish until the economy starts to experience employment gains.”
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