Pacaso has found that Washington County, Utah saw the biggest annual increase in second home and investment home share of rate locks, up 10.3% year-over-year.
Read More »FHFA Releases 2023 Scorecard for GSEs, Common Securitization Solutions
The 2023 Scorecard builds on the progress made by the GSEs in 2022 to strengthen capital position while advancing equitable and sustainable access to homeownership and rental housing nationwide.
Read More »HUD Awards Nearly $25M to Provide More Affordable Housing
HUD has announced a grant that will help provide permanent affordable housing to non-elderly persons with disabilities, helping them live independently as self-sufficient members of their communities.
Read More »Luxury, Investment Home Sales Dip Nearly 40%
Redfin reports that the luxury and investment home market has slid 38.1% year-over-year, due to lingering inflationary concerns, high interest rates, and fears of a recession.
Read More »McCalla Raymer Leibert Pierce Expands Ownership, Evictions Management Teams
Nationwide legal services provider names Michael Gonzales a Member and Owner at the firm and promotes A. Drew Powers to the role of Managing Partner of the firm’s National Evictions Team.
Read More »Ginnie Mae MBS Portfolio Continues to Grow in November
Ginnie Mae’s November new MBS issuance supports the financing of more than 122,000 households nationwide, including more than 55,600 first-time homebuyers.
Read More »GSEs Issue Report on Non-Performing Loans
The FHFA reports that Fannie Mae and Freddie Mac sold 155,034 non-performing loans with a total unpaid principal balance of $28.7 billion from the program’s inception in 2014 through June 30, 2022.
Read More »Home-Flipping Becoming Less Lucrative
Flipping rates are on the decline as profit margins hit a recent low. Click through to find out more about this trend.
Read More »Fueling Growth in Mortgage Subservicing
ServiceMac President & CEO Bob Caruso shares his perspectives on the impact of technology on the servicing industry, and what lies ahead for the servicing sector in 2023.
Read More »Banks Feel Pressure of Changing Industries
As banks grapple with developing and adopting next-gen analytics, credit risk, and other technologies, a digital revolution may be on the horizon.
Read More »