According to the November 2023 ICE Mortgage Monitor Report, purchase-mortgage applications declined nearly 50% below pre-pandemic levels, with annual home price growth experiencing the weakest monthly gain since January. Read on to learn how sky-high mortgage rates continue to make life difficult for would-be homebuyers.

Due to financial instability, Sac City, Iowa-based Citizens Bank has been placed in receivership by the FDIC, marking the fifth U.S. bank failure reported this year.

Attorney Lisa Woodburn details a recent Florida case where a property owners association was awarded nearly $90,000 for delinquent assessments, interest, late charges, costs, and attorneys’ fees.

HouseCanary’s most recent Market Pulse Report notes that market activity—in terms of net new listing volume—remains sharply down year-over-year. Just how much are volumes lagging behind? Click through to find out.

Redfin reports that many home sellers are getting just two or three offers as opposed to the 20 that were common at the pinnacle of the market. Find out what percentage of homes for sale posted a price drop during the past month.

The Bureau has issued a new analysis on state Community Reinvestment Act laws, examining affirmative lending, service delivery, and investment obligations by mortgage companies and deposit-taking institutions. Read the details after the link.

In an effort to assist borrowers impacted by Maui’s August wildfires, mortgage servicers will be prohibited from initiating or completing foreclosure actions through May 6, 2024.

While underwater mortgages continue to improve throughout the U.S., ATTOM's 2023 U.S. Home Equity & Underwater Report revealed nearly half of all mortgaged properties were considered equity-rich in Q3, despite experiencing the largest quarterly decrease since 2019. Here’s what else the report reveals.

Total bankruptcy filings increased in October on a yearly basis at a rate of 24%. Click through to read an analysis of the latest data. Could it prove an alarm bell for more widespread economic troubles ahead?

Amid a larger inventory drought and increasing mortgage rates, Realtor.com reported that October home prices held steady from the previous month. But is the number of homes actively for sale following suit?