Against the squeeze of rising home prices and low inventory, many homebuyers need solutions to ease the anxiety associated with purchasing a new home.
Read More »Inventory Shortages, Affordability ‘Top Obstacles’ Limiting Potential Homebuyers
Amid a significant shortage of housing supply in 2022, nearly 33% of Realtors believe a lack of inventory has stopped many Americans from purchasing homes. U.S. housing supply has dropped to the lowest level recorded since 1999, according to the National Association of Realtors.
Read More »Allison Batts Named Cenlar’s VP of Executive Client Management
After nearly a decade with Mr. Cooper, Allison Batts joins Cenlar to lead the client management team and enhance the delivery of Cenlar’s services to meet the needs of its clientele.
Read More »Study: Nearly 72% of Renters Don’t Believe They’ll Own a Home
A new survey from Rent. revealed one in four renters spend 50% or more of their income on rent, leaving many Americans to believe they'll never own a home due to steep home prices and elevated mortgage rates. Meanwhile, 71% of respondents reported they are shifting priorities to being debt-free instead of saving for a down payment.
Read More »Keeping Afloat
MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.
Read More »Home Appreciation Dips to 11-Year Low
Annual home appreciation relaxed, but CoreLogic predicts that the market will “start regaining steam” later this year.
Read More »Fannie Mae Recognized for Its DEI Efforts
GSE honored for fourth consecutive year in fostering diversity and inclusion in the workplace, reflecting the communities it serves.
Read More »Ginnie Mae’s MBS Portfolio Reaches $2.422T in June
Ginnie Mae reports that its June 2023 recorded MBS issuance will support the financing of 130,000-plus households nationwide, including more than 62,000 first-time homebuyers.
Read More »The Impact of AI on the Real Estate Market
No one can say how long it will take AI to move into the underwriter’s office, but we know that’s not where it will start. New research from STRATMOR argues that the AI ripples have already begun to spread.
Read More »Housing Market Remains Resilient as Listed, Closed Prices Rise
While both listed and closed prices experienced positive year-over-year growth in June, experts predict that market activity will remain at relatively low levels heading into Q3 2023, with the Federal Reserve continuing to increase rates at a slow pace.
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