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Daily Dose

The Typical Home Sold For $400K This Year

The housing market in 2021 was nothing short of remarkable as it seemingly could not be stopped from rising; even the low points of the year were record breaking. As the economy restarted and began to shake off the pandemic cobwebs, people's habits began to change. Due to ...

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Active Forbearance Numbers Continue to Fall

Mortgages that are in active forbearance plans continue to fall in December, led by portfolio held and privately securitized loans.  According to Black Knight’s McDash Flash daily mortgage performance dataset, which covers more than 197 million home loans and home equity data on more than 27 ...

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Cloud-Based Solutions Lead the Way

Jennifer Henry of Equifax explains how cloud computing allows the mortgage ecosystem to exist in a more holistic and less segmented environment, providing a seamless digital experience.

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Housing Demands to Slow in Winter Months

Redfin reported median sale prices rose to a record high even as the number of homes for sale fell to an all-time low. Homebuyer demands is projected to slow in the coming winter months, as it may return to a ...

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Foreclosures Tick Downwards In November

REO bank owned

ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for November which has found that there was a total of 19,479 properties with foreclosure filings against them, down 5% from October but up 94% from a year ago. This increase marks the seventh consecutive monthly increase year-over-year.   The news was ...

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Renters More Likely to Miss Monthly Payments

It is no secret that renters are typically lower-income earners when compared to homeowners and are disproportionately affected by market fluctuations and outliers such as COVID-19. But now that most federal- and state-level protections have expired, it has been found that renters were three times ...

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