“Similar to December 2022, the availability of credit has been driven lower by declining originations and shrinking industry capacity as lenders have streamlined their operations to cope with lower volumes,” said Joel Kan, MBA’s VP and Deputy Chief Economist.
Read More »Millennials Dominating the Housing Market
According to a new study from LendingTree, millennials make up the largest share of homebuyers in the U.S., surpassing older and wealthier generations.
Read More »January Foreclosure Filings Up 36% YoY
“The uptick in overall foreclosure filings nationwide points toward a trend that may suggest more increased activity is on the horizon as we enter the new year,” said ATTOM CEO Rob Barber.
Read More »Addressing the Paradox of Deceased Borrowers
Attorneys Thuy Frazier and Cole Patton discuss what happens when a borrower passes away before the underlying mortgage obligation has been satisfied.
Read More »NCLC Calls Upon GSEs to Stop Sale of Loans to Investors
According to the National Consumer Law Center, when the GSEs sell loans to private investors it can cause borrowers to lose protections to keep them out of foreclosure.
Read More »Study Finds Gen Z, Millennial Renters Have Lower Inflation Rates
While rents are increasing slower than the cost of housing nationwide, a new study from Redfin revealed Gen Z and millennial renters have overall lower personal inflation rates compared to the typical American.
Read More »Survey Suggests Remote Work, Housing Migration to Persist
The persistence of pandemic-era remote work gave many workers the ability to pick up their lives and find a location more suited to their lifestyle—and their wallet as well.
Read More »US RMBS Third-Party Review Firms Continue Their Growth
Fitch Ratings has announced it has added two Third Party Review firms to its coverage over the past five months, and now views 24 firms as “acceptable” for work on RMBS transactions.
Read More »FHA & CFPB Urged to Create Additional Reverse Mortgage Protections
The Federal Housing Agency and the Consumer Financial Protection Bureau have been called on to fix servicing problems and create additional protection for the 480,000 outstanding reverse mortgages in the country.
Read More »Home Price Growth Dips
Home price growth fell from November according to the CoreLogic Home Price Index, and expert projections indicate another decline in January.
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