Ginnie Mae MBS Portfolio Grows to $2.280T at End of 2022
According to Ginnie Mae, December's new MBS issuance will support the financing of more than 107,000 households, including more than 49,000 first-time homebuyers. Source: DS News
Market Report: Charlotte is the Place to Be in ‘23
A new Zillow report forecasts Charlotte, North Carolina as 2023’s hottest market. Here’s what else their data reveals. Source: DS News
NY Gov Envisions 800k New Homes by 2033
New York Governor Kathy Hochul lays out plan to build 800,000 more homes over the next decade. Source: DS News
Housing Market Continues to See Increase in Inventory
According to the Realtor.com Monthly Housing Trends Report for December, inventory closed out the year up by 55%, but remains below historic levels. Source: DS News
HUD Judge Orders Texas Landlords to Pay in Discrimination Case
HUD has announced three Plano, Texas landlords will pay damages, civil penalties, and attorney’s fees totaling $140,649 for violating the Fair Housing Act after refusing to rent to a Black [...]
2022 Foreclosure Activity Up 100+% YoY
Even with the year-over-year change between 2021 and 2022, ATTOM’s Rick Sharga notes that, “It seems clear that government and mortgage industry efforts during the pandemic, coupled with a strong [...]
Rent Growth Slows for Seventh Consecutive Month
According to a new Redfin report, annual rent growth slowed for the seventh consecutive month in December following nearly a year of double-digit increases. Here are the latest findings. Source: [...]
New Avenue Allows Buyers to Redress Racism in Lending
Housing and Urban Development creates new process for homeowners to review their appraisals if they feel the results have been skewed by racism. Source: DS News
Marianne Sullivan Appointed Sagent COO
A member of the Board of Directors since 2020, Marianne Sullivan assumes new role to oversee modernization of the company’s mortgage servicing sector. Source: DS News