Inflation Will More Than Double “Seriously Delinquent” Mortgages in 2023
A new study from MAISY predicts household inflation will likely more than double seriously delinquent mortgages by the end of 2023 to 580,000, a level unseen since 2016. Source: DS [...]
National Mortgage Delinquency Rate Ends 2022 on the Rise
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.96% of all loans outstanding at the end of Q4 of 2022. Source: [...]
New Wildfire Risk Assessment Announced for California Property Owners
According to a new CoreLogic report, California remains the state most at risk for property damage from wildfires, with CoreLogic’s 2022 Wildfire Risk Report estimating that more than 1.2 million [...]
Market Forecast Calls for Possible Jump in Foreclosure Auction Volume
According to a new report from Auction.com, experts predict a possible 24% increase in foreclosure auction volume in 2023, after demand for distressed properties shifted lower over the last three [...]
Webinar Spotlight: Catch Up Dives Into Servicing Tech, Consumer Data & More
Dive into recent and upcoming Five Star Webinar Series entries from partner companies including Boston National Title, OrangeGrid, Sagent, and more. Source: DS News
Mortgage Rates Key to Increasing Affordability
“Housing affordability is the result of the tug-of-war between purchasing power, which is the product of household income and mortgage rates, and nominal house price growth,” said First American Economist [...]
Millennials Make Up the Largest Share of Homebuyers Nationwide
According to a new report from LendingTree, millennials surpass older and wealthier generations when it comes to homeownership, having dominated the housing market for the past decade. Source: DS News
Fannie Mae Spotlights High-Performing Mortgage Servicers
Cyndi Danko, SVP and Single-Family Chief Credit Officer, Fannie Mae, said, “By providing mortgage assistance and long-term solutions for struggling homeowners, the 2022 STAR Program servicers have been essential partners [...]
Number of $1M+ Homes to Continue to Rise
The share of homes valued over $1 million has more than doubled since 2015. Click through to find out where, and who, are buying these homes. Source: DS News