A report shows forbearance activity at the highest level since early November, but nearly 270,000 forbearance plans are set to expire this week.
Read More »FHFA Requests Input on Appraisal Policy Modernization
This latest RFI follows challenges that appraisers have faced over the past year, including the inability to perform on-site inspection during the COVID-19 pandemic.
Read More »Stimulus and Moratoria Extensions: The Need for Long-Term Solutions
Analysts suggest the incoming administration would do best to re-focus future efforts toward assisting landlords and mortgage holders rather than providing further moratoria extensions.
Read More »Unprecedented Equity Could Help Prevent ‘Foreclosure Tsunami’
Efforts at federal and local levels to help homeowners into forbearance rather than foreclosure have been enormously effective, according to economists, but the uncertainty and temporary nature of those protections leave the market at risk of a possible wave of ...
Read More »Homes in Large Cities Are Less Affordable Than Ever
The American Dream of homeownership is becoming more cost-prohibitive than ever, especially in the country's largest and most in-demand cities, according to Point2. And the researchers there don't expect the situation to improve anytime soon. While mortgage rates have been historically low, ...
Read More »What Neighborhood Factors Impact Home Values?
How might a neighborhood's nearest supermarket affect its home values? The property data analysts at ATTOM Data Solutions set out to examine that question via its annual Grocery Store Wars analysis, which shows how living near a Trader Joe’s, a ...
Read More »The Trends Homeowners and Buyers Can Expect Next Year
This year has been an intense one for all industries, but the housing market has managed to come out on top. As 2021 draws nearer, Zillow offers some key trend predictions that could lead to shifts in the market next ...
Read More »CFBP Issues Advice on Special Purpose Credit Programs
The Consumer Financial Protection Bureau (CPFB) issued an advisory opinion related to perceived regulatory uncertainties tied to Regulation B, which implements the Equal Credit Opportunity Act (ECOA) as it applies to certain aspects of special-purpose credit programs (SPCPs). The ECOA ...
Read More »‘Troubling Trends’ Could Result in Increased Forbearance Activity
New data published by the Mortgage Bankers Association (MBA) has tracked a slight increase in the number of mortgages now in forbearance. According to the MBA’s latest Forbearance and Call Volume Survey, 5.49% of servicers’ portfolio volume, or 2.7 million ...
Read More »Housing Advocates Applaud Stimulus Deal
A $900 billion economic relief package approved by the House and Senate includes several provisions for which housing advocates have been pressing, including an extension of the CDC's eviction moratorium and $25 billion funding for rental assistance, which will be ...
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