This week, the Senate Banking Committee will examine legislation from both sides of the political aisle geared toward enhancing the nation’s housing market and creating equitable housing for all.
Read More »More Than Half of Homes Selling Above Their List Price
In a month where the median sales price reached record highs, sellers continue to profit as buyers dig into the short housing inventory.
Read More »Servicers Prepare for Forbearance Exits
A recent DS News webinar addressed how servicers have handled customers during the pandemic and what lies ahead as nearly two million Americans prepare to exit their forbearance plans.
Read More »Bidding Wars Linger as Housing Market Decelerates
Despite the housing market experiencing a minor slowdown, Redfin agents are reporting competition remaining moderately fierce for the short supply available.
Read More »Putting Foreclosure Trends in Perspective
In the month of May, one in every 12,700 housing units had a foreclosure filing, a total down from April, but up 23% over last year at the outset of the foreclosure moratorium and CARES Act.
Read More »Todman Sworn in as HUD Deputy Secretary
Former NAHRO CEO officially named HUD’s 12th Deputy Secretary to work in concert with Secretary Marcia Fudge to provide guidance over programs critical to supporting equitable housing for all.
Read More »Forbearance Exit Volume Continues to Grow
For the 15th straight week, the share of mortgage loans in forbearance has dropped, with employment showing signs of strength.
Read More »Pending Home Sales Losing Momentum
Despite still being up 29% year-over-year from 2020, pending home sales are tailing off as a new report examines this downturn.
Read More »Number of Underwater Homes Took a Dip in Q1
Double-digit home price growth has driven down negative equity, as a new report has found that just 2.6% of all mortgaged properties are underwater nationwide.
Read More »Mortgage Industry and Government Collaborate on Solutions
On Wednesday, Five Star’s one-day 2021 Government Forum: A Virtual Event brought together execs from the mortgage industry with governmental agency representatives to share ideas and insights about the future of the mortgage marketplace.
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