Since the start of the GSEs' conservatorship nearly 14 years ago, approximately 40% of their foreclosure prevention actions have resulted in permanent loan modifications.
Read More »Carolinas Top List of Best Regions for Working from Home
The most desirable cities to move to for those working from home were found in the nation’s Southeast, according to the latest study from RentCafe. Greenville, South Carolina, and Raleigh, North Carolina, were named the best locations for working remotely this year – click through to see the rest.
Read More »Delinquencies, Foreclosures Up Year-Over-Year But Still Near Record Lows
Nationwide, the overall delinquency rate dropped for the 18th consecutive month on an annual basis, as CoreLogic reports that approximately 1.4 million loans nationwide were in some stage of delinquency.
Read More »Home Price Index Up 60% Annually
“But real estate is local, and there are markets where annual price growth isn’t just slowing, but prices are falling from recent peaks,” said Mark Fleming, Chief Economist at First American Financial Corporation.
Read More »Tracking the Progress of Foreclosure Protections
A new article from the Washington Post examines the government’s Homeowner Assistance Fund (HAF) and the speed at which these resources are reaching those in need.
Read More »Encouraging Landlords to Accept Housing Choice Vouchers
A new study from the Urban Institute examines why landlords are hesitant to accept housing vouchers, despite most of the rent being government guaranteed. Studies show many landlords do not want to rent to voucher recipients for personal reasons, some bureaucratic.
Read More »CFPB Addresses Consumer Reporting Companies’ Investigation Practices
New research from the CFPB revealed that when consumer reporting companies and furnishers fail to investigate disputed information, consumers are left paying higher interest rates and face greater difficulty finding housing, employment, and more.
Read More »IMBs Report Q3 2022 Losses
According to the latest Quarterly Mortgage Bankers Performance Report, IMBs and mortgage subsidiaries of chartered banks reported a net loss of $624 on each loan they originated in Q3 of 2022, down from a reported loss of $82 per loan in Q2 of 2022.
Read More »Banner Year for Most Expensive ZIP Codes
This year shattered records across the board; so much so that 14 ZIP codes now have average median property values of $4 million.
Read More »Fannie Mae Completes Final CIRT of the Year
In executing its 11th Credit Insurance Risk Transfer transaction of 2022 for $343 million, the GSE continues its effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market.
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