Market Studies

Consumers sought more non-foreclosure solutions, such as loan modifications, short sales, deed in lieu, and workout plans, for January 2017. These approximated 102,000, compared to 26,000 foreclosure sales.

It’s sometimes difficult to have any disposable income left over from a paycheck. A recent joint study conducted by Zillow and LinkedIn has found several cities where jobs and affordable housing are plentiful.

Applications and rates jumped preceding and following the announcement of the Fed rate hike.

Claims from the HUD Office of the Inspector General that down payment assistance programs are harmful may be mistaken.

The number of bankruptcy filings nationally rose in February, according to the February 2017 Bankruptcy Trends report by Epiq Systems. Overall, Epiq reported 58,336 national filings last month. That’s up from 54.574 filings in January.

The sale of these loans is intended to reduce the number of seriously-delinquent loans owned by Fannie Mae and to help stabilize neighborhoods and to help meet the portfolio reduction targets required under the Senior Preferred Stock Purchase Agreement with the United States Treasury.

Quicken Loans’ National Home Value Index (HVI) measured appraisal and found that values rose 0.55 percent in February, and 2.95 percent year-over-year.

Statistics show that 65 percent of first-time homebuyers in January only made a zero to 6 percent down payment.

Amidst regulatory settlements, Fitch Ratings deems Ocwen mortgage products stable.

In his first address to Congress at the end of February, President Trump reiterated his commitment to growing U.S. jobs. The most recent report from the Bureau of Labor Statistics shows that during Trump’s first-full month as president employment increased by 235,000 jobs.