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Ginnie Mae Provides MBS Issuance Update

Ginnie’s mortgage-backed securities issuance fell month-over-month in October, despite reporting it had passed $1 trillion in principal and interest payments through to investors in FY2021.

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Price Woes: Fewer Homes Selling for Above List Price

A new report from OJO Labs, a Texas-based real estate technology and guidance company, has found that 40.9% of homes in October sold for more than its list price—a number that has been consistently declining over the last four months.  This number also rings true ...

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Equity-Rich Properties Increase in Q3

According to a new analysis, the increase in equity “represented some of the largest quarterly gains in two years,” and served as another sign of the U.S. housing market’s strength despite ongoing economic challenges.

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Housing Market Still Rife With ‘Stiff Competition’

No matter how you look at it, now is a great time to be a home seller as the median sale price of an existing single-family home rose again last quarter to another record high.  According to the National Association of Realtors (NAR), they attributed the rise ...

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