SVB Financial Group Announces Chapter 11 Commencement
SVB Financial Group has announced that its strategic alternatives process for SVB Capital and SVB Securities Operations are underway, while SVB Securities and SVB Capital's Funds and general partner entities [...]
HUD Reinstates 2013 “Discriminatory Effects” Rule
The U.S. Department of Housing and Urban Development has announced it will rescind the 2020 Fair Housing Act rule and restore 2013 policy to eradicate discriminatory practices from housing market. [...]
Home Prices Experience First Annual Drop Since 2012
While many homebuyers remained on the sidelines, home sales and competition leveled off in February, as the median U.S. home sale price fell 1.2% in February, marking the first year-over-year [...]
REO Professionals Set to Gather in Vegas
The inaugural REO Connect event will serve as a hub for industry professionals committed to making the REO process profitable, efficient, and effective at eliminating blight from neighborhoods nationwide. Source: [...]
The Week Ahead: Ginnie Mae President to Address Affordable Housing Solutions
An upcoming hybrid event presented by Harvard Joint Center for Housing Studies will feature Ginnie Mae President Alanna McCargo discussing the nation’s affordable housing and rental goals. Source: DS News
The Best Counties for Buying Single-Family Rentals
Rental returns experienced a significant increase from 2022 in roughly 90% of counties analyzed in ATTOM's Q1 2023 Single-Family Rental Market report, reversing years of decline. Source: DS News
New Construction Numbers Released by the Census and HUD
Publishing data covering the month of February 2023, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development has released their joint report on new residential construction [...]
Fannie Mae Appoints Michael Seelig to Its Board
GSE names former PricewaterhouseCoopers Partner to its Board of Directors, bringing financial management and reporting, risk management, and business strategy expertise to his new role. Source: DS News
CFPB Seeks Input on Data Collection Firms
By issuing new request for information, the Bureau is studying the business practices of data brokers, their impact on the daily lives of consumers, and whether they are all playing [...]