According to the Fitch Ratings, loan portfolio delinquencies modestly improved for the fifth consecutive quarter. Click through to read the latest data and info on the impact of borrower assistance programs in Q1 2023.
Read More »HUD Announces Additional Funding to Assist Displaced Hawaii Wildfire Victims
The Department issues a $1.3 million grant to the state of Hawaii to support people experiencing homelessness and those at risk of homelessness through HUD’s Rapid Unsheltered Survivor Housing program.
Read More »Black Knight, Inc Releases July’s Mortgage Performance Data
Click through for the latest updates on mortgage performance data, including breakdowns of the national delinquency rate, foreclosure inventory, and more.
Read More »First-Time Homebuyers Come Out of the Woodwork
First-time buyers are snapping up available properties at a brisk pace, now making up 50% of all current homebuyers, according to new data from Zillow.
Read More »‘Soft Landing’ or Mild Recession? Fannie Experts Update Forecast
As the future of the economy remains uncertain, the Fannie Mae Economic and Strategic Research Group forecasts home sales to remain constrained within a tight range regardless.
Read More »Preserving Inheritor Homeownership: Helping Prevent Property Tax Foreclosures
While attaining homeownership remains a challenge for many, a new report from the National Consumer Law Center examines the severe consequences of property tax liens for owners of inherited homes, as well as the steps heirs can take to prevent property tax foreclosures and preserve homeownership.
Read More »Examining Household Debt in America
According to the New York Fed, mortgage balances were largely unchanged from the previous quarter, partly due to declining mortgage originations and slowing home prices.
Read More »Inflated Mortgage Rates Fuel Decline in Existing-Home Sales Activity
While Americans continue to struggle with housing affordability, a new report from the National Association of Realtors showed existing-home sales fell 2.2% in July, with available inventory and 7% mortgage rates continuing to drive overall sales activity.
Read More »1.55M Homes Impacted by Hurricane Hillary After Landfall
While Hillary made landfall as a tropical storm, the main mode of destruction was heavy rainfall, which added up to months of inland rainfall in just a few hours.
Read More »Many Homeowners, Renters Moved in 2019 or Later
Metros where large shares of homeowners have recently moved are more likely to experience significantly higher home price appreciation, according to a new study from LendingTree, while renters are three times more likely to relocate than those who own their homes.
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