Will the market crash, and when? Is it even worth it to buy a home? A survey of over 2,000 people revealed six key predictions for the housing market in 2021.
Read More »Forbearance Plan Expiration Looms for Many
Moratoria that have kept foreclosure actions at bay over the past 10 months may be "lulling us into a false sense of security about the scope of the post-forbearance problem" America could face come spring.
Read More »Housing Advocates Urge Senate: ‘Move Quickly to Confirm Fudge’
Some housing experts have expressed hope that HUD, under Fudge's leadership, could make numerous positive strides on behalf of American homeownership.
Read More »A Look at CFPB’s Seasoning QM Rule & Loan Performance
Researchers analyze historical loan performance to learn more about the CFPB action that would provide a three-year pathway to "safe harbor" for some loans.
Read More »Forbearance Activity Sustains Momentum
Approximately half of homeowners in forbearance made their monthly mortgage payments during the dawn of the pandemic, but in recent weeks, that has sagged. Here is more from this week's report.
Read More »Housing Supply Hits Record Low in Rural Areas
The housing market has been feeling the effects of an inventory shortage for the last year, but now it’s hitting a record low, according to Redfin. The four weeks ending on January 21, 2021 show a 44% drop in inventory ...
Read More »The Week Ahead: Eviction Moratoria Explained
Experts will guide attendees to this complimentary webinar through changes in eviction laws, the CDC order regarding evictions, and challenges in key states. Here is what else is happening in The Week Ahead.
Read More »Marcia Fudge Vows to Serve Most Vulnerable Americans
Marcia Fudge appeared Thursday before the Senate Committee on Banking, Housing, and Urban Affairs as a Biden-Harris administration nominee to serve as Secretary of Housing and Urban Development (HUD). The 68-year-old faced a few challenging questions from Republicans, but ultimately ...
Read More »Industry Lessons Learned From 2020’s Catastrophic Events
The failure to take climate change seriously is akin to playing Russian roulette with the housing economy, according to experts. Consequently, it’s incumbent upon the insurance and mortgage industries to tap new technologies to ratchet up efficiency, while reducing risk ...
Read More »FHFA’s Foreclosure Prevention and Refinance Activity Report
The Federal Housing Finance Agency (FHFA) released the Federal Property Manager’s 21-page Foreclosure Prevention, Refinance Report for October 2020. The full document details the entire month, but here are some highlights. When it came to refinancing, October continued to raise numbers. A record-breaking ...
Read More »