A new survey has found that fix-and-flip investors and rental property owners cite a high-mortgage-rate market and limited inventory as their biggest challenges, but insurance costs and coverage are growing concerns as 2024 begins.
Read More »Schneiderman & Sherman Expands Into the Land of 10,000 Lakes
Michigan-based law firm opens new office in St. Paul, Minnesota to expand its mission as an advocate for the mortgage servicing community.
Read More »Pending Home Sales Make Biggest Jump in Two Years
Month-over-month, pending home sales rose 4%, the biggest increase in over two years. A new report breaks down the latest, including the resurgence of bidding wars.
Read More »Bipartisan Tax Bill Introduced to Boost Affordable Housing
Senate Finance Committee Chair Ron Wyden and House Ways and Means Committee Chair Jason Smith have announced bipartisan framework that promotes the financial security of working families, and expands affordable housing by enhancing the Low-Income Housing Tax Credit.
Read More »December Home Sales Fall Over 6% YoY
Existing-home sales faded 6.2% in December over the same month in 2022 while the median existing-home sales price rose 4%.
Read More »Running the Numbers
For its most recent cover story, MortgagePoint assembled a panel of economists to forecast the top trends and headwinds they expect to define the housing market in 2024.
Read More »The Week Ahead: Evaluating the 2024 REO Landscape
An upcoming FORCE webinar will forecast the upcoming year for the REO marketplace, with particular attention to new laws that will take effect and their impact on your business.
Read More »Desire for Luxury Homes Driving Market Optimism
Luxury consumers brought fresh energy to the housing market in 2023 as their ability to pay cash for a home and ignore the lock-in effect increased, according to a new Coldwell Banker Global Program report.
Read More »Dropping Rates Should Boost Home Sales in 2024
Fannie Mae’s Economic and Strategic Research Group predicts a gradual return to a more “normal” housing balance in 2024.
Read More »Freddie Mac Names New Director
The GSE adds Roy Swan, current Director of Mission Investments at the Ford Foundation, to its Board, bringing 30-plus years of experience in law, banking, corporate finance, public policy, and investment management to the role.
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