Potential Home Sales Increase 2.6% Since February
“Our Potential Home Sales Mode has now increased for four consecutive months alongside generally lower mortgage rates, providing some optimism,” said Mark Fleming, Chief Economist at First American. Source: DS [...]
FHFA Updates Equitable Housing Finance Plans for the GSEs
In an effort to compliment the initiatives outlined in the FHFA’s Strategic Plan: Fiscal Years 2022-2026, adjustments have been made based on initial research and findings to further promote equitable [...]
The Point: Changing the Conversation
Fannie Mae’s Malloy Evans discusses how lessons learned from the 2008 housing crisis are being applied today toward the GSE’s goal of keeping more Americans in their homes. Source: DS [...]
Home Price Growth Hits 133 Months of Positive Returns
The Home Price Index overall found that home price growth remains in positive territory at 4.4%, marking 133 straight months of growth. Source: DS News
HUD Commemorates Fair Housing Month, Signing of Fair Housing Act
It's been 55 years since the Fair Housing Act was signed into law, and the U.S. Department of Housing and Urban Development kicked off Fair Housing Month 2023 to commemorate, [...]
CFPB Issues Guidance on Abusive Financial Conduct
CFPB has drawn up a policy statement that provides analytical framework to assist federal and state agencies in holding companies accountable when in violation of the law. Source: DS News
OCC Reports Slight Decline in First-Lien Mortgage Performance in Q4
The OCC’s latest Mortgage Metrics Report found that mortgage servicers nationwide initiated 9,166 new foreclosures in the fourth quarter of 2022, a decrease from Q3’s totals, but a higher volume [...]
Does Postponing a Foreclosure Sale Revive an Untimely Loan Modification Application?
Attorney T. Robert Finlay of Wright, Finlay & Zak, LLP delves into the state of California’s Homeowner Bill of Rights, and recent instances where protections against dual tracking came into [...]
Contract Volume, New Listings Down; Days on Market Up
In addition, the number of homes that had it prices cut increased over 130% year-over-year. Click through for more. Source: DS News