News

The Department’s Proposed Rule would revise regulations governing floodplain management and the protection of wetlands to implement the Federal Flood Risk Management Standard.

The share of baby boomers across the U.S. now makes up 39% of homebuyers, the most of any generation and an increase from nearly 30% in 2022, according to a new report from the National Association of Realtors.

“2023 began as 2022 had ended, with U.S. home prices falling for the seventh consecutive month,” says Craig J. Lazzara, Managing Director at S&P DJI.

In examining laws in New York, California, Utah, and Virginia, the Bureau determined that laws covering businesses in these states are not preempted by the federal Truth in Lending Act.

The GSE transfers a combined $926 million of mortgage credit risk to private insurers and reinsurers in its latest two CIRTs as it continues to reduce taxpayer risk by increasing the role of private capital in the mortgage market.

According to Black Knight’s “First Look” at February 2023 data, the spike was “driven by a nearly 65K increase in those just a single payment behind.” Click through to see what the data looks like for prepayments, foreclosure starts, and more.

According to a new report from Redfin, housing markets in tech hubs nationwide are cooling quickly for reasons such as low housing inventory and tech layoffs.

Cities in the Sun Belt have seen massive growth year-over-year as both median rent payments and median mortgage payments rose by over 20%.

FDIC turns ownership of Silicon Valley Bridge Bank over to First Citizens Bank & Trust Company in a deal that includes the purchase of approximately $72 billion of Silicon Valley Bridge Bank’s assets at a discount of $16.5 billion.

Due to stronger economic performance than expected in Q1, Fannie Mae has pushed back the predicted recession to start sometime in the second half of the year.