Jim Albertelli of Voxtur explains four ways the industry can collectively drive innovation and change during these leaner times.
Read More »The Week Ahead: CFPB to Deliver Update to Congress
This coming week, Rohit Chopra, Director of the CFPB, will provide an update to the Senate Banking Committee on the latest actions the Bureau has taken to protect consumers from financial misconduct.
Read More »GSEs Executed Nearly 25K in Foreclosure Prevention Actions in August
Since the start of the GSEs' conservatorship nearly 14 years ago, approximately 40% of their foreclosure prevention actions have resulted in permanent loan modifications.
Read More »Delinquencies, Foreclosures Up Year-Over-Year But Still Near Record Lows
Nationwide, the overall delinquency rate dropped for the 18th consecutive month on an annual basis, as CoreLogic reports that approximately 1.4 million loans nationwide were in some stage of delinquency.
Read More »5 Things You Need in a Non-QM Portfolio Manager
Janina “Gigi” Woods of Planet Management Group discusses the factors investors must consider in this rapidly changing economic environment.
Read More »Report Highlights the FHA’s Role in Affordable Financing
In its annual report, the FHA highlighted its role in supporting affordable home financing for first-time buyers and borrowers of color, as well as the assistance provided to struggling homeowners.
Read More »SFR Market Remains at More Than Twice Pre-Pandemic Growth Rate
CoreLogic reports that the single-family rental market, while cooling for the fifth consecutive month, remains at more than twice the growth rate prior to the pandemic outbreak.
Read More »HUD Issues Nearly $150M in Supplemental COVID Assistance
Owners of properties participating in multifamily-assisted housing programs can now apply for reimbursement of costs for property improvements and other measures taken to protect residents from pandemic-related issues.
Read More »Pandemic Migration Could Play Role in November Election
“The pandemic-driven wave of relocation to suburbs and rural areas—which tend to lean more conservative than city centers—made those toss-up places more diverse,” said Taylor Marr, Redfin’s Deputy Chief Economist.
Read More »Ginnie Mae to Change Its Re-Pooling Requirements
New policy changes will improve the strength of the mortgage sector by increasing issuer liquidity by shortening the re-pooling seasoning requirement for reperforming loans from six months to three months.
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