“Our Potential Home Sales Mode has now increased for four consecutive months alongside generally lower mortgage rates, providing some optimism,” said Mark Fleming, Chief Economist at First American.
Read More »FHFA Updates Equitable Housing Finance Plans for the GSEs
In an effort to complement the initiatives outlined in the FHFA’s Strategic Plan: Fiscal Years 2022-2026, adjustments have been made based on initial research and findings to further promote equitable access to affordable and sustainable housing.
Read More »Changing the Conversation
Fannie Mae’s Malloy Evans discusses how lessons learned from the 2008 housing crisis are being applied today toward the GSE’s goal of keeping more Americans in their homes.
Read More »Home Price Growth Hits 133 Months of Positive Returns
The Home Price Index overall found that home price growth remains in positive territory at 4.4%, marking 133 straight months of growth.
Read More »HUD Commemorates Fair Housing Month, Signing of Fair Housing Act
It's been 55 years since the Fair Housing Act was signed into law, and the U.S. Department of Housing and Urban Development kicked off Fair Housing Month 2023 with the theme, “Choices for All Voices: Building an Equitable Future.”
Read More »CFPB Issues Guidance on Abusive Financial Conduct
CFPB has drawn up a policy statement that provides an analytical framework to assist federal and state agencies in holding companies accountable when in violation of the law.
Read More »OCC Report Outlines Decline in Q4 First Lien Mortgage Performance
The OCC’s latest Mortgage Metrics Report found that mortgage servicers nationwide initiated 9,166 new foreclosures in the fourth quarter of 2022, a decrease from Q3’s totals but a higher volume than recorded in Q4 2021.
Read More »Foreclosure Sales and Untimely Loan Modification Applications
Attorney T. Robert Finlay of Wright, Finlay & Zak, LLP delves into the state of California’s Homeowner Bill of Rights, and recent instances where protections against dual tracking came into play.
Read More »Contract Volume, New Listings Down, While Days on Market Up
HouseCanary reports the number of homes that experienced price cuts increased over 130% year-over-year, as the market has been reported to be adjusting to continuous rate hikes.
Read More »More Than Eight Million Americans Reportedly Behind on Rent
According to a new LendingTree study, more than eight million adults throughout the U.S. aren’t caught up on rent, citing continued affordability constraints, and greater overall housing costs.
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