The Week Ahead: Havana Nights and Ginnie Mae Webinar
Five Star will host a networking reception in Orlando Tuesday night, and Ginnie Mae is co-hosting a "Ginnie Mae 101" webinar. Here's what's happening in The Week Ahead. Source: DS [...]
Mortgage Delinquencies Tick Up in Q4 of 2022
According to a new report from the Mortgage Bankers Association, the delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of nearly 4%. Source: [...]
Single-Family Housing Completions Up 12% YoY
“Single-family completions have outpaced housing starts since July 2022, and that will likely put some downward pressure on the numbers of single-family homes under construction in the months ahead,” said [...]
Ginnie Mae Adjusts Reverse Mortgage Securitization Program
Ginnie Mae President Alanna McCargo said, “Ginnie Mae is responsive to the market conditions our counterparties face in the reverse mortgage segment. This step allows quicker path to HMBS securitization [...]
How Opportunity Zone Markets Are Weathering Home Value Trends
“Home values inside Opportunity Zones are falling,” said Rob Barber, CEO for ATTOM. “But, on balance, they aren’t dropping any faster than in more well-off neighborhoods around the country. By [...]
Investor Home-Purchasing Slows in Q4
The share of homes investors are purchasing is slowing, with some cities seeing activity decrease by more than 60%. Source: DS News
Nearly 80% of Aspiring Homeowners Have Halted Their Home Search
A new Flyhomes survey revealed an estimated 78% of aspiring homeowners have slowed or stopped their home search completely, with the overwhelming majority citing high interest rates. Source: DS News
Black Americans Own Smaller Percentage of Homes Than Whites
A new commentary and research piece by Jacob Channel, LendingTree’s Senior Economist, hits on the topic of racial inequities in homeownership—particularly the share of homes owned by Black identifying Americans [...]
FHA Seeking Input on Financing for Rehab Homes
New Request for Information seeks industry input on ways to enhance FHA’s 203(k) Rehabilitation Mortgage Insurance Program to support the nation’s housing supply and affordability. Source: DS News