A new study from LendingTree details some of the factors that make the pursuit of the American dream of homeownership such a stressful process for prospective buyers.
Read More »Aggregate 2022 Mortgage Lender Data Now Available to Review
The Federal Financial Institutions Examination Council (FFIEC) announced that data from 4,460 U.S. financial institutions on the state of 2022 mortgage lending activity as reported by the Home Mortgage Disclosure Act (HDMA) is now available to view.
Read More »Pending Home Sales, Contract Signings Experience Slight May Drop
"Despite sluggish pending contract signings, the housing market is resilient with approximately three offers for each listing," said NAR Chief Economist Lawrence Yun. "The lack of housing inventory continues to prevent housing demand from being fully realized."
Read More »Sen. Warren Reintroduces Bipartisan Military Housing Readiness Council Act
The bipartisan measure would provide a platform for oversight and accountability of privatized military housing to give military families a voice, and bring together experts to ensure military families have the safe housing they deserve.
Read More »Gearing Up for the Next REO Boom
An upcoming webinar presented by the Five Star Institute and the National REO Brokers Association will examine how prepared the REO industry truly is for a bump in activity, and how to brace your business for a jump in volume.
Read More »Airbnb Rental Revenues Plummet, Listings Outpace Homes for Sale
As housing supply remains scarce, a new study from MarketWatch revealed there were 65% more homes listed for rent on Airbnb than listed for sale nationwide, while revenues per listing have dropped annually by nearly 50% in multiple cities nationwide.
Read More »Nearly 3% of all U.S. Mortgages Delinquent
CoreLogic reports that U.S. loan performance remains resilient, with delinquencies and foreclosures lingering near record lows, and the national overall delinquency rate increasing slightly from March to April.
Read More »PMI Assists One Million-Plus in the Purchase or Refi Homes in 2022
A new study from USMI has found that in 2022, Texas, Florida, California, Illinois, and Ohio ranked as the top states for mortgage financing with private mortgage insurance.
Read More »FHA Raises Threshold on Standard Underwriting Eligibility for Large Multifamily Loans
Change by the FHA facilitates greater flexibility for lenders when underwriting multifamily transactions up to $120 million, marking the first increase in the threshold since 2014.
Read More »Active Inventory Continues to Decline Nationwide
With nearly 26% fewer homes newly listed for sale compared to last year, active inventory slowed for the fourth month in a row, according to the Realtor.com Monthly Housing Trends Report for June.
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