Overall delinquency rates were highest in Hawaii and Nevada. Click through to learn how else the industry landscape has changed according to the latest CoreLogic data.
Read More »Garden State Considers Program to Mitigate High Foreclosure Rates
Funding for the New Jersey programs would come from a new $350 fee collected from purchasers of foreclosed properties at a sheriff’s sale.
Read More »What Will Housing Trends Look Like After COVID-19 Vaccines?
Expect the housing market in 2021 to "settle somewhere in between where we were before COVID and where we were during COVID," says Danielle Hale, Chief Economist for Realtor.com's recent article entitled, "How the Rollout of COVID-19 Vaccines Could Help, ...
Read More »More Americans Turning Toward Rural Residential Living
A new Gallup poll shows an increase in Americans desiring to set up home in the country rather than suburbs or cities. Here’s how the data breaks down.
Read More »How the Pandemic Impacted Interest in SFR Investing
All manner of the economy and industry has changed as a result of the COVID-19 crisis. A January article in Architectural Digest explores how the pandemic inadvertently has prompted an increasing interest in single-family rental investing. Interest rates in 2020 ...
Read More »HECM Volume Up 37.5% in 2020
Home Equity Conversion Mortgage (HECM) endorsements were up 15.1% year-over-year in December to 4,097 loans, according to new data from Reverse Market Insight. For calendar year 2020, HECM volume recorded an annualized increase of 37.5% to 44,661 loans. Eight of ...
Read More »Black Book 2021 Profile: Cooke Demers, LLC
For the 15th year in a row, DS News is proud to present the annual Black Book directory of default servicing law firms. First up, a profile of Cooke Demers, LLC.
Read More »Report Reflects a ‘Troubling Slowdown’ for Forbearance Improvement
The percentage of mortgage loans in forbearance programs dipped by -3%, or 92,000 actual loans, for the week ending January 5, according to a weekly report from Black Knight. That is the largest weekly drop since early November, Black Knight ...
Read More »Migration, Low Rates Make Homeownership Attainable
While house prices are rising in a robust market, low interest rates are making homeownership more affordable than it was 20 years ago, according to the winter edition of "The Housing and Mortgage Market Review (HaMMR)," released Thursday by Arch ...
Read More »Long-Term Unemployment Numbers Concern Economists
The employment report for December 2020 showed a loss of 140,000 jobs in December, the first decline since April, according to Friday's Employment Situation Summary from the Bureau of Labor Statistics. Professional and business services, leisure and hospitality, retail trade, ...
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