Despite the decline in rental costs nationwide, affordability remains a concern among most tenants.
Read More »Appraisal Modernization: Where We Are Now, What to Expect in 2023
Phil King of EXOS Valuations at ServiceLink discusses how technology has advanced the appraisal industry, and what lies ahead for the market in the next year.
Read More »CFPB Calls Out Servicers for Violations of the Fair Credit Reporting Act
In the Bureau’s Fall 2022 report, some mortgage servicers were cited for violations of federal law by charging sizable phone payment fees and for charging consumers fees while they were in CARES Act forbearances.
Read More »Rep. Waters Addresses HUD’s Housing Assistance Payments
Rep. Maxine Waters, Chair of the Financial Services Committee, said HUD's draft solicitation could have a “negative impact” on the nation’s supply of affordable housing options.
Read More »The Rising Cost of Mortgage Fraud
A new analysis from LexisNexus examines the increase in costs for originators, servicers and settlement firms related to mortgage-related fraud costs.
Read More »HUD Accuses Oklahoma Housing Provider of Racial Discrimination
HUD has found an Oklahoma property management company in violation of the Fair Housing Act by failing to satisfactorily respond to cases of racial harassment.
Read More »SFR Market Remains at More Than Twice Pre-Pandemic Growth Rate
CoreLogic reports that the single-family rental market, while cooling for the fifth consecutive month, remains at more than twice the growth rate prior to the pandemic outbreak.
Read More »FHFA Announces 2023 GSE Multifamily Loan Purchase Caps
Looking to address the need for more affordable housing options, the FHFA will require that at least 50% of the GSE’s multifamily business be mission-driven affordable housing.
Read More »Ravi Shankar to Head Freddie Mac’s Single-Family Portfolio, Servicing
Industry vet returns to the GSE, responsible for portfolio management, servicing, and operations and technology for Freddie Mac.
Read More »Fed Hikes Rates by 75 Points; Sixth Increase This Year
Another Federal Open Market Committee Meeting, another rate hike. At the conclusion of the FOMC’s November Meeting, the Committee raised rates by 75 basis points, the fourth consecutive such hike and the sixth of 2022.
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