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Foreclosures Slide to All-Time Low

Approximately 0.24% of U.S. loans were in active foreclosure in December, marking a historic low, with the month's 4,100 foreclosure starts nearly 90% below December 2019's levels. The post [...]

Ginnie Mae Further Streamlines Advanced Loan Modifications

On Friday afternoon, Ginnie Mae issued a new memorandum (APM 22-01) stating that they are streamlining its documentation requirements for servicers participating in the Federal Housing Administration’s (FHA) Advanced Loan Modification program (ALM).  The memo does away with [...]

Existing Home Sales Dipped in December

Closing the books on 2021, The National Association of Realtors (NAR) has reported that, during the month of December, existing-home sales declined 4.6% from November, to a seasonally adjusted annualized rate of 6.18 million, snapping a three-month streak [...]

Race to Develop Built-to-Rent Homes Accelerating

Some 90,000 existing single-family homes in the United States in nearly 720 such communities are designed specifically for renting. The post Race to Develop Built-to-Rent Homes Accelerating appeared first [...]

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