Patrick Couture of Planet Loan Servicing takes a deeper look at Debt Service Coverage Ratio loans, and the potential risks and challenges associated when dealing with inexperienced DSCR servicers. [...]
Affordability may make a resurgence in 2024, and markets such as Toledo, Ohio; Oxnard, California; and Rochester, New York are being singled out as potential hot markets. Here are [...]
“Financial distress can be a vicious cycle,” said Cassandra Happe, Analyst at WalletHub. “People who can’t make payments on their accounts end up damaging their credit scores, which in [...]
A Bank of America study revealed that the vast majority of prospective homebuyers expect home prices and interest rates to fall in the coming year, so they’re waiting until [...]
In a new report, HUD’s Office of Inspector General outlines the most serious management and performance issues facing the Department in fiscal year 2024. Source: DS News
“We expect unemployment to rise modestly next year, which will likely lead to an equivalent rise in borrower defaults,” saidChris Grimes, a Senior Director at Fitch Ratings. “However, strong [...]
According to a new report, the market will continue to be characterized by highly competitive buyers trying to snap up any and all available inventory. Source: DS News
“Mortgage rates are dropping due to easing inflation and investors betting the Fed will cut interest rates sooner than expected," said Redfin Economics Research Lead Chen Zhao. “Declining rates, [...]
Attorney Roy Diaz takes a look at the Florida Bar’s Proposed Advisory Opinion regarding a lawyer’s use of generative artificial intelligence, as oversight may be drafted to ensure compliance [...]
Month-over-month, contract signings intensified in the Northeast but diminished in multiple other U.S. regions. First American Deputy Chief Economist Odeta Kushi commented, “While there remains quite a bit of [...]
