The Bureau’s new Supervisory Highlights report examines ways in which some mortgage servicers have attempted to run-up unlawful fees charged to homeowners. Source: DS News

According to Redfin, luxury-home purchases and investment properties plummeted 45% as the supply of luxury homes also nears historic lows. Source: DS News

According to a new report from CoreLogic, homebuyers continued to seek affordable metros, as remote work drove more people to affordable states such as Florida, Texas, and South Carolina [...]

According to a new report from Redfin, as homebuyers' monthly mortgage payments hit a record high, dampening demand is preventing many would-be sellers from listing their homes. Source: DS [...]

Costal areas and large cities are the most likely candidates to see home price declines in the future while the South and Midwest regions are less vulnerable. Source: DS [...]

Representatives of Flagstar, Selene Finance, and OrangeGrid discuss the keys to getting mortgage servicing technology projects approved and executed within a 90-day timeframe. Source: DS News

The firm’s former Deputy General Counsel is promoted to new role, bringing more than 20 years of experience in residential real estate law and mortgage banking to the position. [...]

DeHart will oversee all escrow functions, including tax, insurance, flood insurance, and escrow analysis. Source: DS News

"The slight uptick in economic risk from 2022 Q3 to Q4 was offset by a decrease in borrower and underwriting risk, leading to the overall default risk remaining flat," [...]

President Biden’s proposed fiscal year 2024 budget would significantly invest in building affordable housing, expand access to homeownership, combat housing discrimination, and enhance household mobility. Source: DS News