With foreclosure starts being at their lowest level since 2000, Fannie Mae reports that the major drop in foreclosures can be tied to a number of economic factors, but the major reason is the jobs market.
Read More »First Look at the Mortgage Performance Stats
Black Knight Financial Services, Inc. recently released the “first look” at July 2016 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
Read More »The Week Ahead: Will Home Price Appreciation Fall Further?
According to the last FHFA Home Price Index (HPI) report for May 2016, price appreciation slipped to a rate of 5.6 percent. What will the rate look like for this month's HPI?
Read More »Laws Combating Blight May Present Challenges to Servicers
Some states have issued laws to combat urban blight but these laws may present new and different challenges to servicers.
Read More »Debt Still Runs High for Puerto Rico vs the U.S.
Amid a household debt increase of $35 billion in Q2 and the mortgage sector’s share of that debt declined from a huge spike in Q1, recently released data for Puerto Rico’s banking sector completes the picture of household debt for the Commonwealth.
Read More »Sperling Talks Housing’s Role in a Clinton Administration
Gene Sperling, a top economic advisor to Democratic presidential candidate Hillary Clinton, recently said that housing will play an important role in a Clinton administration
Read More »Is the Fixing and Flipping Market Cooling?
Experts discuss the fixing and flipping market and the direction the market may turn when low inventory pressures home prices.
Read More »State of Default Servicing Covered in Five Star White Paper
Housing industry experts make predictions for the default servicing industry in a new white paper from the Five Star Institute, "U.S. Residential Mortgage Default Performance Update & Market Analysis."
Read More »Streak Going Strong: Unemployment Claims Fall
Unemployment dropped by 4,000 claims last week, though claims were still up slightly compared to a month prior, according to U.S. Department of Labor.
Read More »HUD Offers Immediate Foreclosure Relief to Flood Victims
Julián Castro recently announced that HUD will quickly provide federal disaster assistance to Louisiana as well as provide support to homeowners and low-income renters forced from their homes due to severe storms and flooding.
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