Rebranding their U.S. Primary Mortgage Servicer Satisfaction Study to the U.S. Mortgage Servicer Satisfaction Study, J.D. Power surveyed over 11,000 people about their interactions with and trust in their mortgage servicers.
Read More »These States Topped Overall Mortgage Delinquency Rates as National Rate Declines
After the addition of nearly four million jobs nationwide in the last year, CoreLogic reports that a solid job market continues to help borrowers pay their mortgages on time, pushing the overall mortgage delinquency rate to a historic low in May.
Read More »CFPB Uncovers Unfair and Deceptive Practices Across Consumer Financial Products
Discover the latest findings from Bureau examiners, shedding light on conduct that breaches federal regulations, specifically targeting abusive practices within consumer financial services.
Read More »HUD Offers Grants to Study Office-to-Residential Conversions
The latest thing caused by remote work has created a glut of unused office space, which the Department of Housing and Urban Development wants to study further as a future residential growth option through renovation and conversion to apartments or condos.
Read More »Florida Metros Ranked the Best Cities for First-Time Homebuyers
While housing affordability remains unbalanced nationwide, many Americans remain worried about housing costs. However, a new market study from WalletHub reveals which cities are the best and worst for first-time homebuyers, with multiple Florida metros topping the list with the greatest buying opportunities.
Read More »Luxury Home Sale Prices Hit Record $1.2M Average in Q2
Redfin reports the median sale price of luxury homes rose 4.6% year-over-year in Q2, with prices being propped up by a lack of supply, which is fueling competition in many markets nationwide.
Read More »Gabe Rinaldi Joins Cenlar as VP of Enterprise Project Management
Bringing more than 20 years of experience to his new role, Gabe Rinaldi will work to build a team at Cenlar to identify and lead initiatives to streamline end-to-end processes and create efficiency.
Read More »Fed Raises Rates by 25 Basis Points to 22-Year High
The Federal Reserve once again raised the interest rates at its Federal Open Market Committee meeting Wednesday, reaching levels last seen in 2001.
Read More »May’s Case-Shiller Index Echoes April’s Numbers
The S&P CoreLogic Case-Shiller Index found additional gains in May—the latest data made available by the report—as the top-20 major metropolitan markets reported month-over-month price increases for the third consecutive month.
Read More »Rent Price Declines Help to Improve Housing Affordability
The Realtor.com June 2023 Rental Report revealed that experts predict continuing rent declines and moderating inflation will help increase nationwide housing affordability, "providing a much-needed respite for renters and an opportunity to regain some control over their housing expenses," according to Realtor.com Chief Economist Danielle Hale.
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