Affordability Struggles Weaken Housing Market
The rate of overall housing starts slowed in 2022 while completions climbed, according to a new Realtor.com report. New home affordability continues to drop rapidly with just 10% of new [...]
Commentary: Zoning Is Key to Improving Affordability
Many parties work in concert in the lead-up to building and selling a home; zoning is one area that can be reformed to make affordable housing a feasible goal. Source: [...]
Sagent Names Perry Hilzendeger EVP of Servicing
Mortgage servicer taps industry exec who helped build and run Wells Fargo’s near $1 trillion servicing portfolio, and brings ops expertise to accelerate Sagent’s modernization of servicing software. Source: DS [...]
Affordability Constraints, Job Security Deterring Homebuyer Sentiment
According to a new Fannie Mae report, nationwide housing sentiment has returned to a near-survey low, as homebuyers and home sellers continue to combat inflation and occupational insecurities. Source: DS [...]
Ninth Month of Slowing Housing Growth
Even though home price growth has fallen into the single digits, January posted positive gains for the 132-straight months. Source: DS News
Mr. Cooper Announces Executive Leadership Changes
Kurt Johnson named CFO of the mortgage servicer, as Jaime Gow transitions from CFO to Strategic Advisor, and Christine Paxton is named EVP, and Chief Risk and Compliance Officer. Source: [...]
FHFA Announces Roundtable Discussions, Listening Sessions as Part of Review
The Federal Housing Finance Agency has declared upcoming roundtable discussions and a wrap-up listening session for its Federal Home Loan Bank System at 100: Focusing on the Future initiative. Source: [...]
Investor Flipping Became Much Less Common in Q4
The last time the market saw these levels was before the pandemic. Click through to see how far investor activity fell. Source: DS News
February Bankruptcy Filings Rise YoY
The latest report from Epiq has found that new bankruptcy filings in February 2023 registered double-digit increases year-over-year across all U.S. major filing categories. Source: DS News