From labor shortages and supply-chain issues to an ongoing low-volume environment, high-level economic factors have challenged the property preservation sector like never before. Here’s how the industry is finding a way forward.
Read More »SitusAMC Adds 1,500 Employees
SitusAMC, a New York-based real estate advisory firm, has hired more than 1,500 employees to boost support capacity for both originations and secondary market due diligence. The expansion is expected to expedite the flow of loans into private-label securitizations. Mortgage production skyrocketed ...
Read More »HUD Dedicates $2B+ Toward Disaster Recovery Efforts
Federal financial assistance will be shared among 10 states, as the Biden Administration continues to seek long-term solutions related to climate change issues.
Read More »GSE Forbearance Exits Reach Slowest Pace Since August
Forbearance exits trickled below 1%, as the share of total loans in some stage of forbearance fell to 2.15% nationwide.
Read More »Median Rental Prices Rise 13.6% YoY in September
Rent growth surpassed pre-COVID levels in some of the nation’s tech centers, hitting a new average high of $1,654 to end Q3.
Read More »FHFA Announces Three Staffing Updates
Effective November 1, the Federal Housing Finance Agency (FHFA) has announced the appointment of three people to permanent executive positions within the agency. Firstly, Acting COO Katrina Jones was named the permanent COO of the agency. Jones, who has been the acting COO since August, brings 35 ...
Read More »The Week Ahead: The Evolution of Forbearance
With many 18-month forbearance terms coming to an end, a new report next week will better gauge the rate of true forbearance exits, compared to the volume of re-entries.
Read More »‘Quicker and Quicker’: Homes Selling at Blistering Pace
In a time of the year when the market typically slows, a new report from Redfin found that 33% of homes sell within a week of hitting the market—a number that has been on the rise for the last six weeks. ...
Read More »Examining the Market Impact of Ginnie Mae’s RFI
A recent webinar hosted by DS News, and sponsored by Incenter, discussed Ginnie Mae eligibility requirements for single-family MBS issuers.
Read More »GSEs Report Strong Q3 Results
Fannie Mae reported gains in net revenues in the third quarter of 2021, and Freddie Mac experienced a 4% rise, spurred by mortgage portfolio growth and higher average G-fees.
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