Releasing the second-quarter results of its VeroFORECAST, Veros Real Estate Solutions, an enterprise risk management and collateral valuation service company, predicts that home prices will appreciate on average 4.5% over the next 12 months. This forecasted number, while still showing signs ...
Read More »The View From 25 Years in
Sean Ryan, CEO of Aspen Grove Solutions, speaks to DS News about leveraging tech to aid mortgage servicers, lessons learned from two and a half decades in the industry, and the keys to the company’s longevity.
Read More »FHFA Provides Foreclosure, Refi, REO Updates
Since entering conservatorship in 2008, Fannie Mae and Freddie Mac to date have assisted nearly 6.5 million homeowners with foreclosure prevention actions. Here’s what the GSEs’ latest data reveals.
Read More »Institutional Buyers Accounted for 13% of Residential Sales in 2021
An examination of institutional home buyers by NAR found that this segment of buyers comprised 13.2% of the nation’s residential property sales in 2021, up from 11.8% in 2020.
Read More »CFPB Issues Rule Affirming States’ Ability to Protect Residents
The Bureau clarified that states have the flexibility to preserve fair and competitive credit-reporting markets by enacting state-level laws stricter than the Fair Credit Reporting Act, which does not stop states from enacting laws tackling problems related to medical debt, tenant screening, and other consumer risks.
Read More »Home Sellers Drop Prices Amid Rising Affordability Issues
Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in light of the rapid rate increase by the Federal Reserve in June. ...
Read More »Ginnie Mae/Fed Bank of Chicago Program Reaches MBS Milestone
With the Mortgage Partnership Finance Program having surpassed $3 billion in mortgage-backed securities issuance, Ginnie Mae President Alanna McCargo noted that "the milestone demonstrates [the program’s] value in the marketplace.
Read More »Inventory Makes a Recovery in June
Those experiencing woes due to the lack of available inventory may see relief on the horizon as early June numbers show that for-sale homes available to buyers climbed 18.7%—the fastest yearly pace of all time—according to Realtor.com’s Monthly Housing Trends ...
Read More »PropTech Aims to Bring Efficiency to the Market
PropTech, or the amalgamation of FinTech and real estate, has been a growing trend recently with the word popping up in conversation more and more often. The ultimate goal of PropTech is to make real estate transactions more efficient, leading to ...
Read More »Government Regulators Make Progress in Addressing Climate-Related Risks
A brand-new scorecard, researched and released by Ceres, shows that federal financial regulators are taking numerous and broad steps to tackle the financial risks of climate change, as outlined by the Biden Administration, in a “clear sign” of regulatory process ...
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