A recent FHFA report reflects the total number of foreclosure prevention actions taken by Fannie Mae and Freddie Mac, comparing those statistics to the numbers overall since 2008. What were the key causes of delinquencies during the period?
Read More »Former Amazon Economist Joins Redfin Team
Real-estate brokerage Redfin announced that it has appointed Daryl Fairweather as its new Chief Economist. Fairweather comes to Redfin from Amazon, where she served as a senior behavioral economist, leading a team of analysts and economists focused on improving employee performance and engagement.
Read More »After Hurricane Michael’s Landfall …
The U.S. Department of Housing and Urban Development announced disaster assistance for homeowners affected by the category 4 storm that hit the Florida coast on Wednesday. Here’s a breakdown of the estimated property damage.
Read More »Why the South is Delinquency Prone
Despite delinquency and foreclosure rates dropping to a 12-year low, a report found that some factors are likely to increase defaults in several Southern states. Click through for a breakdown on delinquency and foreclosure rate performance nationally and in the South.
Read More »HSBC Looks Ahead After Resolving Legacy RMBS Matter
The Department of Justice reached a settlement with HSBC over legacy claims on RMBS that were issued by the bank between 2005 and 2007. Here are the details of the settlement.
Read More »Is the Housing Market Prepared for the Next Crisis?
Has the housing market learned its lessons, or will it repeat the same mistakes it did during the last financial crisis? Experts discuss their concerns with the housing market since the boom and subsequent bust, outlining what they think we’ve learned—and what we haven’t.
Read More »How New York’s Foreclosure Rates Compare by Borough
Foreclosure rates in the Big Apple are falling, according to a new report. Click through to learn which Boroughs have seen a steeper decline in foreclosure rates compared with other New York neighborhoods.
Read More »The State of the Economy and Housing
Despite a strong economy and overall increased confidence among consumers, a quarterly index points to headwinds that are causing a lag in the housing market.
Read More »The Ripple Effect of Foreclosures
Those who bought homes that were foreclosed just after the housing market crash have seen the values of those properties rise in recent times. Here’s why.
Read More »Measuring Delinquency and Foreclosure Recovery
According to a recent report, delinquencies and foreclosures have experienced a sharp rise in serious delinquency and foreclosures following the hurricanes in 2017. See how the GSEs and major lenders have handled delinquencies following the 2017 hurricanes.
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