Daily Dose

According to a new report from Redfin, home prices fell 3.3% in March, while pending home sales also dropped to their lowest level since the start of the pandemic.

According to a new report from First American, the Potential Home Sales Model for March revealed it is unlikely that the recent banking crisis will materially impact residential mortgage availability.

Spurred by rising unemployment, ATTOM has found that U.S. foreclosure filings climbed 22% year-over-year in the first quarter of 2023.

Former U.S. Marine joins mortgage subservicer, responsible for the cybersecurity team and emerging risk to ensure that Cenlar continues to remain compliant.

While mortgage rates and supply constraints persist, the significant lack of housing supply remains supportive of home prices, as prices inched up 1% in Q1 2023.

A new report from CertifID has found that homebuyers’ and sellers’ wire transactions are rapidly being targeted by cybercriminals, with in excess of $106,000 as the average wire loss in consumer recovery cases.

The thirteenth annual Government Forum returned to the National Press Club last week, featuring a day of insights and collaboration kicked off by a keynote from Federal Housing Commissioner Julia Gordon.

Although Black homeowners experienced the smallest wealth gains among any other racial or ethnic group, homeowners were able to accumulate over $115,000 in wealth in the last decade, according to a new report from the National Association of Realtors.

The MBA reports that pandemic-related loss mitigation options have pushed forbearance levels lower, as mortgage performance remains strong with post-forbearance workouts increasing in March.

"Currently, one-third of housing inventory is new construction, compared to historical norms of a little more than 10%,” said NAHB Chief Economist Robert Dietz. “More buyers looking at new homes, along with the use of sales incentives, have supported new home sales since the start of 2023."