New data from the first quarter continues to roll in as the Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the first quarter of 2022 by ...
Read More »CoreLogic Unveils New Discovery Platform
CoreLogic has announced the launch of Discovery Platform, a cloud-based data exchange and property analytics ecosystem. Powered by the industry’s first integrated property identifier, CoreLogic’s CLIP ID, and built on more than 50 years of data spanning 99.9% of U.S. ...
Read More »Home Sellers Drop Prices Amid Rising Affordability Issues
Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in light of the rapid rate increase by the Federal Reserve in June. ...
Read More »2022 Five Star Conference Agenda Announced
Returning to Dallas this September, the annual conference will once again unite mortgage servicers, government representatives, agents, vendors, attorneys, and other stakeholders for three days of education, networking, and entertainment.
Read More »HUD Reaches Settlements Over Fair Housing Act Violations
In two separate cases, HUD has reached agreements in Massachusetts and California with several parties in settling housing discrimination claims.
Read More »House Committee Hosts Panel on Closing the Racial Homeownership Gap
The Federal Reserve estimates that home equity reached a record $27.8 trillion by early 2022, however many Americans were denied this opportunity. A recent House Committee examined why these trends threaten to further increase racial wealth and homeownership gaps.
Read More »Ginnie Mae/Fed Bank of Chicago Program Reaches MBS Milestone
The Government National Mortgage Association (Ginnie Mae) and the Federal Home Loan Bank of Chicago announced today that total issuance under the Mortgage Partnership Finance® Program (MPF®) recently surpassed $3 billion in mortgage-backed securities (MBS). The MPF Government MBS product ...
Read More »Price Gains Outpace Wage Growth in Nearly 90% of Markets
ATTOM has released its Q2 2022 U.S. Home Affordability Report, showing that median-priced single-family homes and condos are less affordable in Q2 of 2022 compared to historical averages in 97 percent of counties across the nation with enough data to ...
Read More »Inventory Makes a Recovery in June
Those experiencing woes due to the lack of available inventory may see relief on the horizon as early June numbers show that for-sale homes available to buyers climbed 18.7%—the fastest yearly pace of all time—according to Realtor.com’s Monthly Housing Trends ...
Read More »Rep. Waters Pushes Further Prevention of Appraisal Discrimination
Chairwoman of the House Financial Services Committee reaches out to PAVE Co-Chairs seeking action plan and timeline implementation of each action.
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