Even in a tough seller's market, there's money to be made in flipping houses. A new report looks at where renovation dollars provide the best ROI.
Read More »Freddie Mac Announces Q2 Results
On Tuesday, the GSE provided an update on how it fared during 2018’s second quarter, spotlighting “strong business revenues” and a “favorable litigation judgment.” Click through to learn all the details.
Read More »Senate Extends National Flood Insurance Program
The program received a last-minute reprieve as it approached its expiration deadline, with the Senate vote granting it four more months of funding.
Read More »Which Cities Have Homeowners Struggling to Save?
A joint study by PropertyShark and RENTCafé on discretionary income took data from residents in the top 50 largest cities to determine the locales where the locals can live more lucratively. Taking median household income, home prices, and cost of ...
Read More »HUD Approves $1.5B Disaster Aid for Puerto Rico
The department has approved a plan to implement the $1.5 billion allocated to assist in Puerto Rico's infrastructure that was impacted after hurricanes Maria and Irma. Click here for the details.
Read More »Delinquencies and Home Equity
The Urban Institute’s Housing Finance Policy Center released its monthly chartbook, revealing an expanding housing market with rising equity, a low share of adjustable-rate mortgages (ARMs), and a continuing rise in the presence of nonbank mortgage loan originators. Growing household ...
Read More »Michigan Residents Get Foreclosure Relief
The Great Lake State’s housing market is feeling the smoother seas of change this month, with two major programs aimed at housing affordability taking off in its two most populous cities. From a lawsuit resulting in major foreclosure forgiveness in ...
Read More »The Rising Risk of Defaults in Refis
A recent report found that cash out refi loans at a higher risk of default than purchase loans. Click through to learn what’s causing refinance loans to have a higher stressed default rate.
Read More »The Week Ahead: Reflecting on Q2 and the Market
At 9 a.m. ET, Tuesday, July 31, Freddie Mac will release its Q2 2018 earnings via conference call and webcast, led by CEO Don Layton. The call will be accessible on Freddie Mac's website, as well as a press release and ...
Read More »Thriving in a Low-Delinquency Environment
Courtney Thompson, Director, First VP, Default Servicing Operations, Flagstar Bank discusses streamlining communications with borrowers, navigating compliance and how Flagstar has evolved to thrive in a lower-delinquency environment. Editor's Note: This feature originally appeared in the July issue of DS News.
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