MBA Forecasts Commercial and Multifamily Mortgage Market to Stabilize in 2024
The commercial and multifamily mortgage origination markets enter 2024 with instability, as a new MBA poll found 90% of respondents described today’s market as either somewhat or very unsettled, with [...]
Mortgage Disclosure Process Improving for Lenders, Borrowers
The CFPB announced the approval of the Independent Community Bankers of America's (ICBA) proposed template to improve mortgage disclosures to "provide consumers greater clarity, streamline the process through improved disclosure [...]
Velocity Conference Set to Empower REO Professionals
The Five Star Institute will present its second annual Velocity conference in Nashville, geared toward professionals in the REO and adjacent markets, providing the tools necessary to excel in today’s [...]
Consumers Grow Increasingly Optimistic About Mortgage Rates
"Mortgage rate optimism increased dramatically this month, with a survey-high share of consumers anticipating mortgage rate declines over the next year," said Mark Palim, VP and Deputy Chief Economist at [...]
Asking Rents Drop for Third Consecutive Month
Redfin reports that an increase in December housing supply has led to rising vacancies, motivating landlords to lower asking rents, which fell nearly 1% from a year earlier. Source: DS [...]
Mortgage Rate Drops Encouraging Market Activity
“The slight increase in December listings indicates the impact of lower mortgage rates is beginning to trickle down into the market, which comes as an optimistic sign as we head [...]
The Great Floridian Migration
Based on U-Haul's annual year-end Growth Index, Florida destinations dominated the list of the top-25 destination hotspots. Here's where else people are migrating. Source: DS News
HUD Focuses on Housing Safety at Recent Summit
U.S. Attorney Ryan K. Buchanan and HUD-OIG Inspector General Rae Oliver Davis recently collaborated on an event on eliminating environmental hazards and misconduct for tenants living in HUD-assisted housing. Source: [...]
The Week Ahead: Congress Examines Oversight of HUD and the FHA
An upcoming hearing conducted by the U.S. House Committee on Financial Services will take a look at the leadership of HUD and how the Department’s programs have benefited millions nationwide. [...]