In CoreLogic's Homeowner Equity Insights report, in the second quarter of 2023, the total number of mortgaged residential properties with negative equity decreased by 6% from the first quarter of 2023, representing 1.1 million homes, or 2% of all mortgaged properties.

The Senate Banking Committee will host a panel of experts who will share ideas on how to bolster the nation’s housing inventory, as buyers seek more options in an increasingly shrinking marketplace.

In an analysis of the top quality control issues found in the mortgage servicing marketplace, missing bankruptcy notices and proof of claims documentation topped the list, with a wave of delinquencies and borrowers seeking bankruptcy court protection creating new levels of demand.

Michael J. DeVito will move on from the role of CEO in the first quarter of 2024, as the GSE is set to begin its search for a successor to the position.

"Texas has long been one of the most popular states for international buyers," said Marcus Phipps, 2023 Chairman of the Texas Realtors. "Our strong economy, diverse population and high quality of life make the Lone Star State an attractive destination."

Fannie Mae’s Home Purchase Sentiment Index revealed that home-selling and homebuying sentiments are up year-over-year, a welcome sign that raised the index as a whole by 4.9 points.

After Hurricane Idalia hit the southeastern U.S., President Biden declared that a major disaster exists in Florida, having ordered federal aid to supplement state, tribal, and local recovery efforts in areas impacted by the storm.

While mortgage-purchase applications fell to a 28-year low in August, the median U.S. home-sale price is up nearly 5% year-over-year. Due to a severe lack of inventory, high housing costs continue to dampen homebuying demand, according to a new report from Redfin.

Through the new agreement, lenders will have the ability to order risk-based mortgage insurance through Rate GPS, directly through the Calyx loan platform.

According to a new report from Black Knight, Inc., half of new mortgage payments are over $2,000, while a quarter have surpassed the $3,000 mark.