The past year saw a record-breaking decline in the overall foreclosure rate. Will the trend continue through 2017?
Read More »The Week Ahead: 4 in a Row for Existing-Home Sales?
Existing-home sales just completed an "outstanding" three-month run, according to National Association of Realtors Chief Economist Lawrence Yun. Can they add a fourth month to that streak? The industry will find out this week when NAR publishes the latest data.
Read More »Is the CFPB Director’s Future at Risk?
House Republicans claim the CFPB violated federal law, which may put Director Richard Cordray’s job in jeopardy.
Read More »Rate Cut Canned on Trump’s Day One
The same day a new administration moved into the White House, a planned cut to mortgage insurance rates was indefinitely shelved.
Read More »The New Administration and the Future of Housing
Donald J. Trump was sworn in as the 45th President of the United States on Friday, while the nation—and the industry—listened in closely as he promised to rebuild the economy by putting American people first.
Read More »GSEs Hit Loan Modification Milestone
Both Fannie Mae and Freddie Mac say they have made foreclosure prevention, specifically keeping families in their homes, a priority since the foreclosure crisis peaked six to seven years ago.
Read More »Lure of Homeownership Overshadows Rental Options
Higher home prices mark a continual trend in the market as supply struggles to meet demand. The decision of whether to rent or to buy depends on several constantly changing factors.
Read More »Down, Down, Down for Mortgage Rates
Many analysts were predicting that mortgage interest rates would rise up into the 4.5 percent to 5 percent range by the end of 2017. But since the start of the year, they are headed in the other direction.
Read More »Prices Rise, Inventory Falls
New data shows a considerable drop in the number of homes available for purchase, as well as a significant year-over-year increase in home prices.
Read More »Credit Suisse Agrees to RMBS Settlement with DOJ
Almost a decade after the 2008 financial crisis, the U.S. Department of Justice is finally exacting restitution from companies found responsible for pushing the economy to the brink.
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