Daily Dose

Fannie Mae is reminding those homeowners affected by the floods that have submerged huge areas of Louisiana that there are options for relief from the bills, at least in the near-term.

Student debt has long been thought to hinder new homeowners from entering the market, but recent data from Fannie Mae shows that this may not be a factor anymore.

The CFPB published its proposed updates to TRID on Monday, opening the 64-day comment period on the controversial mortgage disclosure rule.

The score for the Housing Market Index rose this month along with the rankings for the housing market’s single family sales (current and within the next six months).

In the midst of financially difficult Q2 earnings for non-banking mortgage servicers, PennyMac Financial Services, Inc. reports a profitable net income for the second quarter of 2016,

The foreclosure process began for 36,863 U.S. homes during July 2016, and this number is the lowest level seen for foreclosure starts in 11 years, specifically May of 2005.

The rankings for the housing market’s single family sales (current and within the next six months) decreased for the month of July 2016 along with the ranking for traffic of prospective buyers.

Conventional wisdom has long suggested that renters rent because they can’t afford to buy homes, but Zillow has posed the question of whether renters are renting out of necessity or choice.

Lee Raphael speaks with DS News about how he and his firm have remained successful in the ever-fluctuating mortgage and default servicing industry.

In the recent market update presented by Rick Sharga, it was stated that foreclosure, at the rate it’s going will potentially inverse to below pre-crisis and historical levels by 2018.