Despite several obstacles, the only thing that seems to be slowing home shoppers is the short supply of available properties on the market.
Read More »Delinquency Rate Significantly Improves
Still, foreclosures remain at record lows due to implementation and extensions of moratoria. Servicers are bracing for an unfamiliar environment of post-pandemic activity.
Read More »Mr. Cooper and Google Partner on New AI Initiative
New partnership seeks to further push the mortgage process to an all-digital transaction through new artificial intelligence and cloud-based services.
Read More »Metros Most Vulnerable to COVID-19’s Fallout
States along the East Coast, Connecticut through Florida, as well as Illinois, are more vulnerable to the effects of the Coronavirus pandemic and its continuing impact on the U.S. economy, according to a Q1 2021 Special Coronavirus Report published by ...
Read More »Growth Found in SFR Market
New report finds the single-family rental market gaining in February, yet recovery remains uneven nationwide.
Read More »Most Valuable Company Profile: Altisource
In our latest Most Valuable Companies profile, John Vella, Altisource’s Chief Revenue Officer, reveals how the company uses workflow management, artificial intelligence, and document imaging to remain "best-in-class.”
Read More »Are Americans Being Priced Out of Their Hometowns?
A report shows a record share of home searchers looking to move to another metro, making it difficult for local residents to win bidding wars in a highly competitive market.
Read More »FHFA Extends COVID-Related Loan Flexibilities
The Federal Housing Finance Agency (FHFA) announced Wednesday that Fannie Mae and Freddie Mac, the enterprises that the FHFA oversees, will extend temporary loan origination flexibilities designed to ensure continued support for borrowers during the COVID-19 pandemic until May 31. ...
Read More »Fudge, Calabria Discuss Housing Affordability, Equity, and More
Two U.S. government agency members who hold positions vital to the housing finance world Tuesday addressed mortgage bankers attending a virtual conference. Back-to-back, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia Fudge and Mark Calabria, Federal Housing Finance Administration (FHFA) Director who oversees government-sponsored agencies (GSEs) Fannie Mae and Freddie ...
Read More »Examining the Racial Divide in Home Sales
A new study has found that homes sold in predominant Black neighborhoods were selling for nearly $50K less than comparable homes sold in white neighborhoods.
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