A new study from the Harvard Joint Center for Housing Studies details eight key traits the single-family rental market has exhibited over the past two decades, highlighting the importance of this market to the nation’s housing supply.
Read More »The Week Ahead: Navigating the Next REO Wave
The Five Star Institute, in conjunction with the National REO Brokers Association, has assembled a panel of experts to detail how the REO industry is bracing for an uptick in activity, and how to prep for a jump in volume.
Read More »Banks to Combine Adverse Climate Scenarios and Market-Recognized Metrics
In a first for American financial institutions, large banks must report their exposure to climate change by July 31.
Read More »Existing-Home Sales Slip in June
Existing-home sales fell in June, as all four regions recorded year-over-year sales declines, according to NAR, with the South and West posting the largest decreases.
Read More »Purchase Apps Down 21% YoY
High mortgage rates have pushed monthly mortgage payments to a record $2,656, as slightly lower rates may escalate competition for the limited number of homes available and push up prices for the foreseeable future.
Read More »CFPB Highlights the Prevalence of Employer-Driven Debt
A new Bureau analysis details the popularity of employer-driven debt, including the challenges workers and consumers face when they become indebted to an employer or an employer’s affiliate as a condition of employment.
Read More »HUD Receives High Marks From the SBA
“This achievement demonstrates HUD's commitment to partnering with small businesses and ensuring meaningful opportunities for the small business community to build America’s economy,” said HUD Secretary Marcia L. Fudge.
Read More »June’s Private Housing Building Permits Drop by 3.7%
HUD and the Census Bureau report that privately-owned housing units recorded an annual rate of 1,440,000 units in June, down from 922,000 reported year-over-year.
Read More »Senate Passes Measure to Expedite the Mortgage Process on Tribal Lands
The Tribal Trust Land Homeownership Act would create statutory timelines to process mortgages involving properties located on tribal trust land.
Read More »Biden Administration Issues Call for Action on Junk Fees in Rental Housing
The Biden Administration, along with HUD Secretary Marcia L. Fudge, is calling attention to the significant harm that rental housing junk fees cause to tenants and have outlined steps that the Administration is taking to curb these fees.
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