With both home prices and interest rates remaining relatively high, consumer sentiment is being suppressed by these purchase conditions.
Read More »CFPB Takes Action to Protect Borrowers From Mortgage Comparison-Shopping Platforms
CFPB issues new guidance on RESPA violations, designed to keep consumers from being steered to lenders via pay-to-play tactics rather than providing shoppers with comprehensive and objective information.
Read More »Bankruptcies Up Nearly 20% YoY
“While still below pre-pandemic totals, bankruptcy filings continue to increase amid growing debt loads due to inflationary pressures and reduced availability of low-cost financing,” said ABI Executive Director Amy Quackenboss.
Read More »Ginnie Mae Extends Covid Relief Policies
Two new announcements address the lingering effects of the pandemic on Ginnie Mae Issuer operations.
Read More »2022 Named Busiest Moving Year Over the Last Decade
For the first time in a decade, moving volume has grown year-over-year nationwide, as a new report finds an estimated 4% more people moved during 2022 compared to 2021.
Read More »Rising Home Prices Flatline
“As we predicted in December, the beginning of 2023 is proving to show slow market activity, as both net new listings and contract volumes are sitting at multi-year lows,” said Jermey Sicklick, Co-Founder and CEO of HouseCanary.
Read More »Abuse Victims to get Additional Resources from HUD
A new website and enforcement guidance are just a few things that survivors can use while applying for and living in Housing and Urban Development-assisted properties.
Read More »Prospective Homeowners Find Some Relief as Monthly Payments Fall
According to a new Redfin report, San Francisco homebuyers are paying an estimated $18,000 less per year than those who bought a home when rates peaked, renewing homebuyer interest.
Read More »Which Home Renovations Pay off the Most?
More and more Americans are choosing to renovate their homes in light of today’s mortgage rates, but what are the smartest projects to maximize ROI?
Read More »The Week Ahead: Servicers Advancing Tech Offerings
An upcoming Five Star-led webinar will discuss how to expedite a mortgage servicing technology project, from approval to execution, in a 90-day timeframe.
Read More »