Recent data reveals homebuyers are paying more and getting less this season. Finding a great deal on a home could be a challenge, but some cities have a more attractive market than others.
Read More »FHFA Evaluates Future Goals
The FHFA announced its proposition for Fannie Mae and Freddie Mac’s 2018-2020 Single-Family Housing and Multifamily housing goals Thursday. They have opened up ability to comment on the proposed rule, which will close 60 days from publication in the Federal Register.
Read More »Mortgage Applications Down, Shares Mostly Unchanged
Though some categories increased and some remained unchanged, the Mortgage Brokers Association weekly survey released Wednesday reported decreases in almost all areas. Results for next week's survey ending June 30 will be released July 6 due to Independence Day.
Read More »Promising Outlook for Banks after Fed Stress Test Announcement
The Federal Reserve announced Wednesday the results of its Comprehensive Capital Analysis and Review, or Stress Test, now in its 7th year. 34 banks participated with near unanimous results…
Read More »The Psychology Behind Why People Buy, And Where
Homebuyers within the last two years are buying homes in certain areas for a variety of reasons. But what is driving the millennial home-buying psyche, and how does it compare to previous generations?
Read More »Where There’s Smoking Demand, There’s Defect Risk Fire
First American’s Loan Application Defect Index for May 2017 was released Wednesday and the findings show levels unseen since 2015. Several southern markets are said to be in the process of destruction.
Read More »Lowest Home Appreciation in the U.S.
This region of the U.S. has the lowest rate of home price appreciation, according to a recent report. Find out where it’s located and what’s causing it ahead.
Read More »Banking and Housing Lobby Petitions for CFPB Structural Changes
The banking and housing lobby has recently sent a letter to the leaders of the Senate and House appropriations committees expressing their position that the Consumer Financial Protection Bureau should be restructured from a single director to a bipartisan panel of five people. Will they be able to get it through before Cordray’s appointment is up in 2018.
Read More »Ever-Changing TRID Demands Companies Pivot to Stay Current
Now that TRID has turned two, it is becoming clear that companies are going to need to think on their feet in order to stay current with TRID’s constantly changing mandates and timelines. How to tackle this problem? Software as a service can be one way to stay up to date, reduce costs, and eliminate errors.
Read More »Can Hispanics Bridge the Homeownership Gap?
Hispanics are a historically underrepresented market when it comes to homeownership, according to a recent report released by Freddie Mac. This gap is getting smaller—but it begs the question, who makes up the Hispanic population, and will the gap continue to close over time?
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