“While loan portfolio delinquencies for Fitch-rated bank and non-bank servicers were stable for the third consecutive quarter, the impact of four consecutive quarters of new foreclosure filings post-moratoria is now being felt in new REO volume,” said Fitch Director Richard Koch.
Read More »2022 Home Sale Profits Top 50%
“It seems pretty likely that home seller profits peaked for this cycle in 2022,” said Rick Sharga, EVP of Market Intelligence at ATTOM.
Read More »HUD Houses More Than 100,000 Families Through ‘House America’ Initiative
HUD Secretary Marcia L. Fudge has surpassed her original goal of housing homeless individuals and was achieved by organizing leaders from 105 communities across 31 states and territories and the District of Columbia.
Read More »Mortgage, Delinquencies Snapshot as 2022 Wrapped Up
According to Black Knight, mortgage delinquencies were up seven basis points month-over-month but down 9% year-over-year. Also, prepayments fell for the third straight month.
Read More »Moderating Housing Market Fuels Slowdown in Pending Sales
As mortgage rates continue to fall, a new report from Redfin revealed mortgage applications are up 25%, and the slowdown in pending sales is beginning to moderate.
Read More »Biden Administration Takes Action to Promote Renters, Affordability
In order to further the principles of fair housing, the Biden-Harris Administration has announced new actions to increase fairness in the rental market.
Read More »CoreLogic Names Selma Hepp Chief Economist
Serving in the Interim Chief Economist role since July 2022, CoreLogic promotes Selma Hepp to lead team producing insights to help industry stakeholders better navigate today’s real estate environment.
Read More »Sun Belt Cities Ranked Most Popular Relocation Destinations
A new Redfin report revealed that after Sacramento and Las Vegas, Miami was the most popular migration destination in Q4, followed by Tampa and Phoenix.
Read More »Insurance Companies Expected to Increase Risk Tolerances
“U.S. insurers expect to increase their tolerance for risk even as market volatility remains elevated and higher quality assets are finally offering more compelling yields,” said Woody Bradford, CEO and Chair of the Board for Conning.
Read More »HUD Invests $5.5 Million in Hispanic-Serving Institutions
HUD’s support will help strengthen capacity and invest in innovative and actionable research for Hispanics to address issues regarding housing, economic development, and the built environment for underserved communities.
Read More »