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 »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.
Read More »Spike in Home Prices Forced by Slow Demand and Low Inventory
Home prices were up 3% year-over-year, despite stunted demand due to a shortage of homes, as inventory nationwide posts its biggest slide in 18 months.
Read More »HUD Funds $140M in Grants for Lead Abatement Projects
Grant sizes range from $654,507 for the Triangle J Council of Governments in North Carolina to $7,997,798 for the Michigan Department of Health & Human Services.
Read More »Share of U.S. Homes Sold to Investors Held Steady This Summer
According to a new analysis from CoreLogic, California, Washington, D.C., and Georgia now lead for the highest investor shares in Q2, as investors accounted for 26% of all single-family home purchases in June.
Read More »Independent Mortgage Banks Report Q2 Losses
Independent banks reported a pre-tax net loss of over $500 on every loan originated during the second quarter of 2023. This marks a notable improvement over losses posted in the first quarter.
Read More »Trade Groups Submit Comment on the FHFA’s G-Fee Structure
Multiple trade associations have responded to the FHFA’s Request for Input on the GSEs’ Single-Family Mortgage Pricing Framework through the promotion of responsible homeownership opportunities for all home-ready borrowers.
Read More »Upcoming Webinar: Preserving the Dream of Homeownership
In the latest installment of the Five Star Webinar Series, Five Star and Brookstone Management will host a discussion about combating blight, returning foreclosed properties to the market, and protecting property values. Tune in for insights from Brookstone, Fannie Mae, and U.S. Bank.
Read More »Real Estate Market Hits All-Time High, Now Valued at $47T
The last market peak occurred in June of 2022 when the real estate market set its all-time high of $46.6T, but now a shortage of homes has propped up sales, pushing valuation numbers ever skyward.
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