Positive Pending Home Sales Numbers Kick off the New Year
However, while monthly numbers show a short-term improvement, the National Association of Realtors found the market to be down nearly 25% year-over-year. Source: DS News
Miami Reclaims Crown as Top Migration Hotspot
According to a new report from Redfin, as remote work and inflated housing costs drive homebuyers to relocate, Miami was named the most popular migration destination in January for those [...]
Cenlar Adds Peter Johnson as VP
Focusing on the HELOC and PMI offerings, mortgage subservicer names 35-plus-year industry veteran VP of Special Products in Loan Operations. Source: DS News
Supreme Court to Hear Case Challenging CFPB’s Funding Structure
SCOTUS will hear arguments in a case challenging the constitutionality of the Bureau's funding structure. Click through to learn what this could mean for the CFPB and the industry. Source: [...]
January Delinquencies Improve Across the Board
January performance data decreased by 10-basis points in the national delinquency rate over December. Source: DS News
Least Expensive Metros See Faster Rent Growth Nationwide
According to the Realtor.com, the average rental vacancy rate was 7.6% in Q4 of 2022, as rent January marked the 12th consecutive month of slowing rent growth. Source: DS News
Housing Market Improves, but Low Inventory Hampers Future Gains
“A dip in mortgage rates brought some buyers off the bench in January, but the housing-market recovery was tempered by still-high housing costs and a limited number of homes being [...]
CoreLogic Announces the Acquisition of Roostify
By merging Roostify’s digital mortgage tech platform with CoreLogic’s data, clients will have access to critical information about borrowers and properties at the beginning of the loan process. Source: DS [...]
Study Finds Most Californians Migrating South to Texas
According to a new analysis from JK Moving Services, Californians topped the list of people inquiring about moving into the Washington D.C. area, although data showed most Californians were looking [...]