By merging Roostify’s digital mortgage tech platform with CoreLogic’s data, clients will have access to critical information about borrowers and properties at the beginning of the loan process.
Read More »Share of Vacant Homes in Foreclosure Increases for Fourth Straight Quarter
According to a new report from ATTOM, zombie properties represent just one of every 12,400 residential properties nationwide, as the count of vacant homes in foreclosure ticked up for the fourth consecutive quarter.
Read More »Suburban Housing Markets Faring Better Than Cities
According to a new report from Redfin, home values are holding up better in suburban areas than in cities, which have seen an influx of residents due to remote work.
Read More »Serious Delinquency Rates for FHA/VA Loans Remain Above Pre-Pandemic Levels
According to a new CoreLogic report, new data shows conventional serious delinquency rates remain lower than pre-pandemic levels, even as rates for FHA and VA loans continue to inch upward.
Read More »December Declines Accentuate Year of Transition Toward a Balanced Market
Sales in every month of 2022 fell short of the previous year, according to a new RE/MAX report, which shows home sales were down an overall 38% from 2021, while the number of homes for sale was up nearly 70%.
Read More »Fannie Mae: Housing Market May Be More Vulnerable Than Projected
With home sales having dropped sharply this past year, Fannie Mae experts discuss the impact of lowering mortgage rates and what factors drove purchase demand to increase. Here’s why the housing market is now "in a different phase of the economic and housing cycle.”
Read More »Ginnie Mae MBS Portfolio Grows to $2.280T at End of 2022
According to Ginnie Mae, December's new MBS issuance will support the financing of more than 107,000 households, including more than 49,000 first-time homebuyers.
Read More »Housing Market Continues to See Increase in Inventory
According to the Realtor.com Monthly Housing Trends Report for December, inventory closed out the year up by 55% but remains below historic levels.
Read More »Home Sales Increase Amid Market Cooldown
According to First American’s Potential Home Sales Model for November 2022, potential existing-home sales increased to a 5.24 million seasonally adjusted annualized rate, representing a 2.5% month-over-month increase.
Read More »HUD Awards Nearly $25M to Provide More Affordable Housing
HUD has announced a grant that will help provide permanent affordable housing to non-elderly persons with disabilities, helping them live independently as self-sufficient members of their communities.
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