Millennials Dominating the Housing Market
According to a new study from LendingTree, Millennials make up the largest share of homebuyers in the U.S., surpassing older and wealthier generations. Source: DS News
Foreclosures Rise in January
Cities including Detroit, Cleveland, and Las Vegas reported the most foreclosure activity in January according to ATTOM's latest analysis. Source: DS News
Addressing the Paradox of Deceased Borrowers
Attorneys Thuy Frazier and Cole Patton discuss what happens when a borrower passes away before the underlying mortgage obligation has been satisfied. Source: DS News
NCLC Calls Upon GSEs to Stop Sale of Loans to Investors
According to the National Consumer Law Center, when the GSEs sell loans to private investors it can cause borrowers to lose protections to keep them out of foreclosure. Source: DS [...]
Study Finds Gen Z, Millennial Renters Have Lower Inflation Rates
While rents are increasing slower than the cost of housing nationwide, a new study from Redfin revealed Gen Z and Millennial renters have overall lower personal inflation rates compared to [...]
Remote Work Continues to Persist Driving New Migration
The persistence of pandemic-era remote work gave untold amounts of workers the ability to pick up their lives and find a location more suited to their lifestyle—and their wallet as [...]
US RMBS Third Party Review Firms Continue Their Growth
Fitch Ratings has announced it has added two Third Party Review firms to its coverage over the past five months, and now views 24 firms as “acceptable” for work on [...]
2023 Trends: Digital Mortgages, Servicing, and Default Servicing
Attorney Michelle Garcia Gilbert discusses how technology is not only simplifying the mortgage and servicing process, but also improving the customer experience. Source: DS News
FHA & CFPB Urged to Create Additional Reverse Mortgage Protections
The Federal Housing Agency and the Consumer Financial Protection Bureau have been called on to fix servicing problems and create additional protection for the 480,000 outstanding reverse mortgages in the [...]