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Forbearance Activity Sustains Momentum

house, home, housing, residential

Approximately half of homeowners in forbearance made their monthly mortgage payments during the dawn of the pandemic, but in recent weeks, that has sagged. Here is more from this week's report.

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Housing Supply Hits Record Low in Rural Areas

The housing market has been feeling the effects of an inventory shortage for the last year, but now it’s hitting a record low, according to Redfin. The four weeks ending on January 21, 2021 show a 44% drop in inventory ...

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Marcia Fudge Vows to Serve Most Vulnerable Americans

Marcia Fudge appeared Thursday before the Senate Committee on Banking, Housing, and Urban Affairs as a  Biden-Harris administration nominee to serve as Secretary of Housing and Urban Development (HUD). The 68-year-old faced a few challenging questions from Republicans, but ultimately ...

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Honoring the Top Women of Law

Continuing our look at 2021's Top 25 Women of Law, today's installment brings you profiles of outstanding women professionals from several firms and the Chief Legal Officer of First Guaranty Mortgage Corporation.

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Industry Lessons Learned From 2020’s Catastrophic Events

The failure to take climate change seriously is akin to playing Russian roulette with the housing economy, according to experts. Consequently, it’s incumbent upon the insurance and mortgage industries to tap new technologies to ratchet up efficiency, while reducing risk ...

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FHFA’s Foreclosure Prevention and Refinance Activity Report

The Federal Housing Finance Agency (FHFA) released the Federal Property Manager’s 21-page Foreclosure Prevention, Refinance Report for October 2020. The full document details the entire month, but here are some highlights.  When it came to refinancing, October continued to raise numbers. A record-breaking ...

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