For its most recent cover story, MortgagePoint assembled a panel of economists to forecast the top trends and headwinds they expect to define the housing market in 2024.
Read More »Housing Starts on the Rise in November
HUD and the Census Bureau have reported privately‐owned housing starts were up in November 2023, nearly 15% above October 2023’s totals.
Read More »FHA Extends Foreclosure Protections to Victims of Maui Wildfires
In an effort to assist borrowers impacted by Maui’s August wildfires, mortgage servicers will be prohibited from initiating or completing foreclosure actions through May 6, 2024.
Read More »Feds Prep Large Financial Institutions to Brace for Climate-Related Risk
The OCC, FDIC, and Federal Reserve have outlined a framework for the safe and sound management of exposure to climate-related financial risks for large financial institutions. Here’s what that means for the industry.
Read More »The Growing Concern of Occupancy Fraud
A recent podcast examined mortgage fraud, with a particular focus on the proliferation of occupancy fraud, which has significantly increased in recent years. Here’s what the podcast reveals.
Read More »Examining the Impact of Flood Risk on Florida Home Values
While nearly 40% of total U.S. residents live in coastal regions, a new CoreLogic report revealed that approximately 41 million U.S. residents face the risk of flooding along rivers and streams. Click here to see how flood risk impacts overall home values in the Sunshine State.
Read More »Share of Hispanic Households Projected to Surge by 2040
Despite elevated interest rates and rising home prices that have intensified affordability issues for Hispanic homebuyers, by 2040, an estimated 70% of new homeowners will be Hispanic. Learn what else this new study from the Urban Institute reveals.
Read More »New Home Price Insights for August 2023
CoreLogic’s latest Home Price Index covering the month of August found that numbers are beginning to rebound after hitting an 11-year low earlier this spring.
Read More »Annual Home Price Appreciation on Pace to Accelerate
Home prices continued to rally nationwide in July, as the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a slight 1% annual change in July, up from no change the previous month.
Read More »July Home Prices Growth Jump Over 2%
U.S. home price gains moved up to 2.5% year over year in July, marking the 138th consecutive month of annual growth, while 11 states saw home price declines over the course of the month.
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