Today’s rising interest rates have some market participants concerned, according to Moody’s Investors Service. The survey reports that crimped housing supply, coupled with the higher cost to borrow, is chipping away at optimism. Some participants, however, feel that conditions in ...
Read More »HUD & DOJ Partner Against Sexual Harassment in Housing
The Department of Housing and Urban Development on Thursday announced a new series of initiatives designed to crack down on sexual harassment across the housing landscape, working in partnership with the Department of Justice (DOJ). This new push will encompass ...
Read More »How Does Homebuying Power Stack Up Across Ethnicity?
For a new report, Zillow calculated buying power among major ethnic and racial groups to see what percentage of each group could afford a median-priced home on the median salary for their group without spending more than 30 percent of ...
Read More »Homebuyers Growing More Diverse in the Lone Star State
Diversity and prices paid for homes in Texas are on the way up, according to the Texas Homebuyers and Sellers Report released Wednesday by the Texas Association of Realtors. The report found that the percentage of homebuyers who identified as African-American was ...
Read More »Angel Oak Selects Closepin for Closing Agent Compliance
Closepin, headquartered in Plymouth Meeting, Pennsylvania, has officially launched an automated closing agent compliance process for the Atlanta, Georgia-based Angel Oak Home Loans LLC (AOHL) and their Lending Services platform. Closepin, a compliance and risk management platform for a lender’s closing agent ...
Read More »Pinpointing the Hottest Housing Markets
The latest ProTeck Housing Market Report shows West Coast markets booming, which should come as no surprise. However, the only East Coast metro to make the list might not be what you’d expect. According to ProTeck’s report, the Portland-South Portland, ...
Read More »Fitch Examines Top Servicers
According to the latest installment of Fitch’s U.S. RMBS servicer handbook, the American servicing landscape is undergoing significant shifts, much of it driven by merger and acquisition activity among servicers such as Mr. Cooper and Ocwen. 'Strategic positioning and M&A ...
Read More »HUD Awards $28 Billion for Disaster Recovery
Natural disasters caused a record $306 billion in damages to the United States in 2017, according to the National Oceanic and Atmospheric Administration. With the next hurricane season fast approaching, the United States Department of Housing and Urban Development on ...
Read More »Serious Delinquencies Still Elevated in Hurricane-Impacted Markets
The effects of last year’s major natural disasters, including hurricanes and wildfires, have been evident in the housing market in recent months. Disaster-related early mortgage delinquencies have progressed into serious delinquencies in affected markets, according to CoreLogic’s Loan Performance Insights report, ...
Read More »Which States Are Best for Millennials?
Determining the best states for millennials to live in is not as straightforward as it might at first seem, but signs do point toward the upper Midwest. So says a new report from WalletHub that looks at where being a ...
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