Homes in Detroit are being auctioned off for as low as $1,000 thanks to a program from the Detroit Land Bank Authority, but there's a catch.
Read More »Fighting Foreclosures on the Hill
In an effort to combat foreclosures for borrowers with Federal Housing Administration (FHA) mortgages, Congresswoman Maxine Waters introduced the FHA Foreclosure Prevention Act of 2019. Here's what is in the bill.
Read More »The State of Homebuyer Regret
Americans are constantly being pressured to overspend on many things, including their homes. Here’s what a new report reveals.
Read More »Liquidity’s Impact on Default Rates
According to research from JPMorgan Chase, borrowers can reduce their risk of default by increasing their liquidity. Here's why.
Read More »CFPB Seeking Comments on the GSE Patch
The Consumer Financial Protection Bureau recently issued an Advance Notice of Proposed Rulemaking seeking information relating to the Qualified Mortgage Patch
Read More »GDP Exceeds Expectations
Gross domestic product has slowed down, but not as much as expected, according to the latest report from the Bureau of Economic Analysis.
Read More »The Week Ahead: Will the Fed Reduce Rates?
The much-anticipated announcement by the Federal Open Market Committee this week will determine whether interest rates will fall or remain unchanged. Here’s what else is happening in The Week Ahead.
Read More »Ask the Economist: First-Time Buyer Misconceptions and the Global Economy
DS News spoke to Fannie Mae Chief Economist about how the global economy is impacting housing. Editor's note: This feature originally appeared in the July issue of DS News, out now.
Read More »The Industry Pulse: Updates on Optimal Blue, LenderClose, and More
From new features and key hires to new partnerships, click through to learn the latest industry buzz.
Read More »Update on National Vacancy Rates
A new report from the U.S. Census Bureau measures both owner and rental vacancy rates, including data on "occasional use" homes and condominiums.
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