REO

The Biden Administration, along with HUD Secretary Marcia L. Fudge, is calling attention to the significant harm that rental housing junk fees cause to tenants and have outlined steps that the Administration is taking to curb these fees. 

While concerns surrounding affordability and economic uncertainty continue to slow overall homebuying activity, a new report from CoreLogic showed annual single-family rent growth returned to pre-pandemic rates in May.

As population growth in catastrophe-prone regions such as Florida, California, and Texas continues, the geographic concentration risk that insurers face continues to compound, according to a new CoreLogic analysis.

With an estimated 44 million U.S. households classified as renters, WalletHub examined the best and worst cities to rent, as experts revealed the factors needed to determine the most cost-effective areas to migrate to.

As the U.S. rental market has been slowing for more than a year, averaging $2,029 in June, a small change from the $1,995 median rent reported one month earlier.

The FHFA reports that since the start of Fannie Mae and Freddie Mac conservatorship in September 2008, the GSEs have recorded 6.7 million-plus foreclosure prevention actions to date nationwide.

While nationwide home prices and average costs of living continue to rise, a new case study from Black Knight highlights servicer success using self-service loss mitigation technology to connect with and engage borrowers in times of financial distress.

Due to the increased cost of living and evolving work trends, Americans are now moving to smaller cities with lower median home values, according to a new report from Gravy Analytics.

Amid a significant shortage of housing supply in 2022, nearly 33% of Realtors believe a lack of inventory has stopped many Americans from purchasing homes. U.S. housing supply has dropped to the lowest level recorded since 1999, according to the National Association of Realtors.

After nearly a decade with Mr. Cooper, Allison Batts joins Cenlar to lead the client management team and enhance the delivery of Cenlar’s services to meet the needs of its clientele.