Tag Archives: Homeownership

The year 2015 is gearing up to be a stronger, more expensive housing market powered for the first time by new millennial buyers, according to the Realtor.com 2015 Housing Forecast.

The U.S. Department of Housing and Urban Development (HUD) announced Wednesday that it is awarding $10 million in grants to four non-profit organizations that will create homes for hundreds of families.

A recent survey commissioned by NeighborWorks America, a Washington, D.C.-based non-profit community development corporation, revealed that nearly one out of four Americans knows someone who has delayed buying a home because of student loan debt.

The steep decline in the number of marriages in the U.S. among the population aged 25 to 29 has been a key factor in the slow recovery of the housing market, according to a report from John Burns Real Estate Consulting (JBREC).

HLP, which was the model technology platform in the National Mortgage Settlement and has long been a real estate industry industry technology leader, has partnered with IndiSoft, a technology provider for healthcare, legal, and real estate industries based in Columbia, Maryland, to launch the National Homeownership Solutions Platform (NHP). The goal of NHP is to bring all the parties in the home purchase process together into one central location, allowing them to communicate with each other online and in real time.

The burden of student loan debt is preventing potential home buyers from starting households, which in turn is hindering overall economic growth, according to Consumer Financial Protection Bureau (CFPB) director Richard Cordray at the Announcement on Public Service and Student Debt on September 23.

Even as the aftermath of the housing crisis continues to show in the market, a new survey shows the vast majority of Americans still regard homeownership as a "highly desirable goal." In findings released Tuesday, COUNTRY Financial revealed 89 percent of Americans in its most recent Security Index survey feel that buying a home is a key part of achieving the American Dream despite their recent memories of the crash.

For the first time ever, Fannie Mae has named a five STAR winner. On Wednesday, Fannie named Cincinnati-based Fifth Third Bank its sole Five STAR designee for the bank's achievements as a mortgage service provider throughout 2013.