The Senate Committee on Banking, Housing, and Urban Affairs will focus on how to revitalize rural America, as an increasing number of Americans are departing major metros in search of larger living spaces elsewhere.
Read More »Legislation Introduced to Strengthen the Housing Credit
The Affordable Housing Credit Improvement Act of 2021 seeks to build and preserve affordable housing by expanding the Low-Income Housing Tax Credit.
Read More »Despite Federal Actions, Q1 Foreclosures Rise
An analysis of Q1 foreclosures by ATTOM Data Solutions has found that there were a total of 33,699 U.S. properties with foreclosure filings—default notices, scheduled auctions, or bank repossessions—during the first quarter of 2021, up 9% from the previous quarter, ...
Read More »Lipscomb to Lead Compliance Efforts at Homepoint
Ann Arbor, Michigan-based Homepoint has appointed Noelle Lipscomb as the company's Chief Audit Executive, where she will lead risk-based internal auditing functions, overseeing the review, monitoring and evaluation of the company's financial, operational and compliance internal controls. Lipscomb brings more ...
Read More »Continued Demand Drives Prices to Record Levels
Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high rate of growth. Regionally, median sale prices increased from over 2020 in ...
Read More »Cash-Strapped Consumers Putting Mortgages First
A new analysis of credit has found that while Americans may have been financially hampered by the pandemic, consumers are pushing mortgages to the top of the list of financial obligations.
Read More »Housing Supply to Rise in Second Half of 2021
With the share of remote workers on the rise, a call for larger living spaces is being voiced by home seekers on the road to economic recovery.
Read More »Caliber Sold to New Residential for $1.7 Billion
New Residential Investment Corporation has acquired Caliber Home Loans to advance the company’s digital direct to consumer and broker initiatives.
Read More »Profit-Per-Loan Hits Record High in 2020
A record year in the housing market earned independent mortgage bankers record profits in 2020, a near $1,500 annual year-over-year rise in profits.
Read More »Delinquencies at Lowest Levels Since Pandemic Start
The national delinquency rate continues to slide, as the U.S. economic picture continues to improve across the board.
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