A new report focusing on the state of Massachusetts has found that the Commonwealth must take measures to curb its housing affordability crisis, while simultaneously counteracting climate change, to create eco-friendly homes without pricing out the next generation of homebuyers.

The Supplemental Consumer Information Form is used during the mortgage application process, allowing borrowers to voluntarily identify language preferences and provide information on housing counseling and homeownership education they may have received.

On a year-over-year basis, the Case-Shiller Index, regarded as a leading indicator of U.S. home prices, reported a 0.3% annual decrease in April, down from a gain of 0.7% in March 2023. Click through for more on the index and expert insights on the results of this month’s index.

While relatively uncommon in most of the U.S., the share of million-dollar homes is growing at a moderate pace. A new analysis from LendingTree reveals which metros have the highest share of million-dollar properties.

The Bureau has issued a consent order against ACI, who will pay a $25 million penalty for practices that negatively impacted nearly 500,000 homeowners.

Former Sagent and Flagstar executive brings nearly 20 years of industry experience to her new servicing role in building long-term trust with CMG’s clients.

A recent webinar discussed implementation of Section 1071 of the Dodd-Frank Act, a measure requiring financial institutions to collect and report data on small business loans, and how the industry is prepping for this new rule.

“Housing's performance is a testimony to the strength of demographic-related demand in the face of baby boomers aging in place and Gen-Xers locking in historically low rates,” noted Doug Duncan, SVP and Chief Economist for Fannie Mae.

The CFPB has issued a pair of reports looking at the state of banking in the Southern United States and found that a lack of local access to banking options can make it harder to get competitive interest rates on mortgages, credit cards, or small business loans.

The median rent in the West remains 3% lower than a year ago and is projected to decline further, while rents in Midwest markets continue to see faster growth due to greater affordability, according to Realtor.com's May 2023 Rental Report.