CFPB Study Finds Nationwide Financial Health Weakened Post-Pandemic
According to a new CFPB survey, more families are having difficulty paying their bills in 2022 than in 2021, while Black, Hispanic, and low-income households are far more likely to [...]
Inventory of Unsold Existing Homes Retreat for Fourth Consecutive Month
According to the National Association of Realtors, all four major U.S. regions analyzed recorded month-over-month and year-over-year declines in existing home sales. Source: DS News
FHFA Finalizes GSE Rule on New Products
Government-sponsored enterprises Fannie Mae and Freddie Mac are now required to provide advance notice to the Federal Housing Finance Agency before offering new products. Source: DS News
What Property Owners Can Learn From E-Commerce Giants
Rachel Richardson of Rent. discuses why it’s critical to make it easier for renters to find what they’re looking for in today’s competitive marketplace. Source: DS News
FHFA Publishes Q3 Foreclosure Prevention and Refinance Report
According to the Q3 2022 Foreclosure Prevention and Refinance Report released by the FHFA, the Enterprises completed 69,362 foreclosure prevention actions within the quarter, helping troubled homeowners nationwide to stay [...]
HUD Seeks Public Input on Allocation of Disaster Recovery Funds
Two new Requests for Information from HUD mark the first time the Department has solicited comments on how to equitably distribute critical disaster recovery funds. Source: DS News
Q2 Critical Defect Rate up 6%
ACES Quality Management has released the findings of its latest Industry Trends Report for the second quarter of 2022, which found that the overall critical defect rate increased 6% compared [...]
WF to Pay $3.7B in Fines and Restitution
Wells Fargo has been ordered by the Consumer Financial Protection Bureau to pay $2 billion in restitution and $1.7 billion in fines. Source: DS News
Rental Price Growth Slows for Sixth Consecutive Month
CoreLogic reports that the Miami metro region continued to lead the nation in rent price growth in October, posting nearly double the national increase. Source: DS News