A new analysis from Redfin has found that investors are selling homes nationwide at a loss, as elevated mortgage rates have curtailed homebuyer demand.
Read More »YoY Single-Family Rent Growth Cooled in February
Single-family rent price growth dropped 5% in February, according to a new CoreLogic report, with new data showing that many renters are seeking more affordable areas.
Read More »Existing-Home Sales Retreated in March
According to a new report from the National Association of Realtors, home sales declined an overall 22% from a year ago, while the inventory of unsold existing homes rose 1% from February.
Read More »200,000+ Forced to Move Due to Evictions, Foreclosures in 2022
A new study has found that eviction/foreclosure-related moves rose 56% from 2021 to 2022, with California, Florida, and Massachusetts experiencing the highest increases.
Read More »Mortgage Compliance Expert Michael S. Waldron Becomes Executive Advisor to Five Star Institute
As part of the partnership, Waldron's Compliability Solutions LLC, an advisory services and staffing firm that helps companies in real estate finance create and optimize compliance strategies, also joins Five Star’s Legal League as an Associate Member.
Read More »FHFA Seeks Comment on Fair Housing and Fair Lending Oversight
FHFA expects this rulemaking to provide increased public transparency and greater oversight and accountability of the regulated entities’ fair housing and fair lending compliance.
Read More »Median U.S. Home Prices Experience Largest Drop Since 2012
According to a new report from Redfin, home prices fell 3.3% in March, while pending home sales also dropped to their lowest level since the start of the pandemic.
Read More »Credit Conditions Tightened Slightly in March
According to a new report from First American, the Potential Home Sales Model for March revealed it is unlikely that the recent banking crisis will materially impact residential mortgage availability.
Read More »Q1 Foreclosure Activity Trends Upward
Spurred by rising unemployment, ATTOM has found that U.S. foreclosure filings climbed 22% year-over-year in the first quarter of 2023.
Read More »Cenlar Taps Theodore Mugnier to Lead Cybersecurity Efforts
Former U.S. Marine joins mortgage subservicer, responsible for the cybersecurity team and emerging risk to ensure that Cenlar continues to remain compliant.
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