While pending home sales rose a meaningful 0.7% in July, overall, this number is only marginally better than its low point hit in March earlier this year.
Read More »Rep. Waters Expresses Concern Over AI Usage in Housing
In a letter to GAO Comptroller General Eugene Dodaro, Rep. Maxine Waters calls for an investigation into artificial intelligence and proptech in the housing space as a possible barrier to fair and affordable housing opportunities.
Read More »Bayview Launches New Insurance Asset Management Division
Bayview’s new insurance asset management business will be led by Chief Investment Officer Nancy Mueller Handal, who will bring her leadership in expanding Bayview beyond its traditional focus on corporate credit.
Read More »How Much Purchasing Power Have Homebuyers Lost YoY?
Mortgage rates hovering around the 7% mark are cutting into buyers’ budgets, according to a new report from Redfin. It found that a buyer on a $3,000 monthly budget can afford a home valued at $429,000, assuming a 7.4% mortgage. But how does this stack up when compared to last year?
Read More »The Week Ahead: Preserving the Dream of Homeownership Webinar
Next week, the Five Star Institute and Brookstone Management will present a webinar discussing the topics of combating neighborhood blight, returning foreclosed properties to the market, and protecting property values. Tune in for in-depth insight and perspective from Brookstone, Fannie Mae, and U.S. Bank execs.
Read More »Fitch Spotlights RMBS Delinquency Trends, Borrower Assistance Impacts
According to the Fitch Ratings, loan portfolio delinquencies modestly improved for the fifth consecutive quarter. Click through to read the latest data and info on the impact of borrower assistance programs in Q1 2023.
Read More »HUD Announces Additional Funding to Assist Displaced Hawaii Wildfire Victims
The Department issues a $1.3 million grant to the state of Hawaii to support people experiencing homelessness and those at risk of homelessness through HUD’s Rapid Unsheltered Survivor Housing program.
Read More »Black Knight, Inc Releases July’s Mortgage Performance Data
Click through for the latest updates on mortgage performance data, including breakdowns of the national delinquency rate, foreclosure inventory, and more.
Read More »First-Time Homebuyers Come Out of the Woodwork
First-time buyers are snapping up available properties at a brisk pace, now making up 50% of all current homebuyers, according to new data from Zillow.
Read More »Xome Joins Forces With Plunk on New AI-Powered Analytic Tools
Partnership will provide real estate investors with property valuation and predictive remodel analytics tools to analyze the remodel potential of listed properties.
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