For the first time in 15 months, the Federal Reserve's Federal Open Market Committee moved to hold the nominal interest rate steady at a range of 5.00% to 5.25%.
Read More »The Impact of Climate Change on Real Property Investment
With millions of properties exposed to risks including wildfires, flooding, hurricanes, and earthquakes, the Federal Reserve Board is looking to ensure that financial institutions are appropriately managing all material risks related to climate change.
Read More »CFPB, Treasury, Other Agencies Propose New Real Estate Valuation Guidance
Five federal regulatory agencies—including CFPB, Treasury, Federal Reserve, FDIC, and National Credit Union Administration—have requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.
Read More »Continued Rate Hikes Causing Housing Market Uncertainty
”Buyers and sellers alike are looking towards the upcoming Federal Reserve meeting with hope, as some experts anticipate the reversal of rate hikes, which could potentially lead to a resurgence in activity.”
Read More »Brace for This Trifecta of Risk
E. Thomas Booker, III of Candor Technology explains why zero repurchase risk is only the result of the new normal.
Read More »Fed Raises Nominal Interest Rate by 0.25%
As expected, the Federal Reserve raised rates again at the end of their May meeting by a quarter point—this is now the tenth-straight increase.
Read More »Contract Volume, New Listings Down, While Days on Market Up
HouseCanary reports the number of homes that experienced price cuts increased over 130% year-over-year, as the market has been reported to be adjusting to continuous rate hikes.
Read More »Fed Raises Rates by a Quarter Point
The ninth consecutive interest rate increase signaled that the Fed is barreling forward, combating ongoing inflation amid an unstable market and economic turmoil in the aftermath of the failures of SVB and Signature Bank.
Read More »Home Price Growth Stalls After Rate Increases
According to a new report from HouseCanary, signs of a market rebound earlier this year retreated in February.
Read More »Supreme Court to Hear Case Challenging CFPB’s Funding Structure
SCOTUS will hear arguments in a case challenging the constitutionality of the Bureau's funding structure. Click through to learn what this could mean for the CFPB and the industry.
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