A 12-year veteran of the GSE, Peter Lillestolen will manage Freddie Mac’s affordable housing retail business, Low-Income Housing Tax Credit (LIHTC) equity, as well as senior housing initiatives.
Read More »The Week Ahead: Property Insurance and Its Impact on Consumers
The Senate Banking Committee will host an upcoming hearing examining the state of property insurance, climate change, and its financial impact on the nation’s homeowners.
Read More »HUD Awards $24M+ to Combat Housing Discrimination
HUD issues more than $24 million in resources to assist organizations with funding to fight housing discrimination and help build fair and inclusive communities nationwide.
Read More »Nearly Seven Million Americans Live in ‘Physically Deficient’ Homes
Research from the Harvard Joint Center for Housing Studies suggests that local governments can contribute to assistance in funding home improvements as part of the response to the nationwide housing shortage.
Read More »Experts Rank the Best U.S. Cities for Renter Families
In a new study, RentCafe considered more than 20 metrics, as researchers name the U.S. metros that are a great fit for Americans who lease while raising children.
Read More »August Data: Home Prices Up After Two Months of Decline
In August, active inventory shrank compared to last year (-7.9%), despite an unusual increase from July in newly listed homes, signaling a potential return of seller activity heading into fall.
Read More »More Than 30 U.S. Metros Post Increase in YoY Delinquency Rates
While overall U.S. mortgage performance remained strong in June, Molly Boesel, Principal Economist for CoreLogic, notes that the impact from recent weather disasters will likely see impacted regions increase in the months to come.
Read More »Purchase Lending, Refinance, and Home Equity Activity Rebounded in Q2
ATTOM's latest Residential Property Mortgage Origination Report showed purchase lending led the way in Q2, spiking nearly 30%, while overall refinance and home equity activity also rose after eight straight quarterly declines.
Read More »Foreclosure Volume Expected to Rise to Close Out 2023
A new report from Auction.com found that more than 90% of default servicing industry experts polled expect foreclosure volume to rise in 2023 compared to 2022, with the state of the nation’s economy having the biggest impact on overall volume.
Read More »Dovenmuehle Appoints Patricia McCarthy VP of Insurance Administration
Tapped to oversee Dovenmuehle’s insurance department, 30-year industry vet Patricia McCarthy will bring her experience in managing compliance, mortgage operations, loan processing, and customer service departments to her new role.
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