A new study has found that eviction/foreclosure-related moves rose 56% from 2021 to 2022, with California, Florida, and Massachusetts experiencing the highest increases.
Read More »Median U.S. Home Prices Experience Largest Drop Since 2012
According to a new report from Redfin, home prices fell 3.3% in March, while pending home sales also dropped to their lowest level since the start of the pandemic.
Read More »Credit Conditions Tightened Slightly in March
According to a new report from First American, the Potential Home Sales Model for March revealed it is unlikely that the recent banking crisis will materially impact residential mortgage availability.
Read More »Q1 Foreclosure Activity Trends Upward
Spurred by rising unemployment, ATTOM has found that U.S. foreclosure filings climbed 22% year-over-year in the first quarter of 2023.
Read More »Cenlar Taps Theodore Mugnier to Lead Cybersecurity Efforts
Former U.S. Marine joins mortgage subservicer, responsible for the cybersecurity team and emerging risk to ensure that Cenlar continues to remain compliant.
Read More »Fannie Mae: ‘Lock-in Effect’ Amplifying Housing Shortages
While mortgage rates and supply constraints persist, the significant lack of housing supply remains supportive of home prices, as prices inched up 1% in Q1 2023.
Read More »Measuring the Cost of Real Estate Wire Fraud
A new report from CertifID has found that homebuyers’ and sellers’ wire transactions are rapidly being targeted by cybercriminals, with in excess of $106,000 as the average wire loss in consumer recovery cases.
Read More »Five Star Government Forum Brings Together Mortgage Industry, Government
The thirteenth annual Government Forum returned to the National Press Club last week, featuring a day of insights and collaboration kicked off by a keynote from Federal Housing Commissioner Julia Gordon.
Read More »Black Homeowners Experience the Smallest Wealth Gains Nationwide
Although Black homeowners experienced the smallest wealth gains among any other racial or ethnic group, homeowners were able to accumulate over $115,000 in wealth in the last decade, according to a new report from the National Association of Realtors.
Read More »Number of GSE Loans in Forbearance Continues to Drop
The MBA reports that pandemic-related loss mitigation options have pushed forbearance levels lower, as mortgage performance remains strong with post-forbearance workouts increasing in March.
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