According to CoreLogic, foreclosure rates remained near record lows to close out 2022, as healthy employment numbers helped borrowers remain current on their payments.
Read More »Share of Vacant Homes in Foreclosure Increases for Fourth Straight Quarter
According to a new report from ATTOM, zombie properties represent just one of every 12,400 residential properties nationwide, as the count of vacant homes in foreclosure ticked up for the fourth consecutive quarter.
Read More »HUD Issues $3.16 in Grants to Public Housing Authorities
The latest round of HUD funding will allow authorities to modernize public housing for families, individuals, and seniors through the Department's Capital Fund Program.
Read More »Suburban Housing Markets Faring Better Than Cities
According to a new report from Redfin, home values are holding up better in suburban areas than in cities, which have seen an influx of residents due to remote work.
Read More »FHA Announces 30-Point Reduction in Mortgage Insurance Premiums
Reduction in MIP will result in an estimated savings of $678 million for American families by the end of 2023, and benefit an estimated 850,000 borrowers over the coming year, saving them an average of $800 annually.
Read More »The Five Star Institute to Launch MortgagePoint Magazine
The new publication will serve as your one-stop source for full coverage of the mortgage lifecycle, from originations to default and everything in between.
Read More »Senate Examines the State of Housing
U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing in February on the topic of “The State of Housing 2023” with three highly placed witnesses to give testimony to the committee addressing current challenges and forecasts of what to expect in real estate this year.
Read More »Inflation Will More Than Double “Seriously Delinquent” Mortgages in 2023
A new study from MAISY finds household inflation will likely more than double seriously delinquent mortgages by the end of 2023 to 580,000, a level unseen since 2016.
Read More »National Mortgage Delinquency Rate Ends 2022 on the Rise
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to nearly 4% of all loans outstanding at the end of Q4 of 2022.
Read More »New Wildfire Risk Assessment Announced for California Property Owners
According to a new CoreLogic report, California remains the state most at risk for property damage from wildfires, with CoreLogic’s 2022 Wildfire Risk Report estimating that more than 1.2 million single-family homes are vulnerable.
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