Returning to a More Balanced Market?
"Sellers and buyers are each able to negotiate, with neither having a built-in upper hand," said Nick Bailey, RE/MAX President and CEO. "...but it seems like the market is shaking [...]
Uncovering Diamonds in the Rough
Wendy Lee of Sagent explains how to properly refine talent during this tough 2022-23 mortgage cycle. Source: DS News
Forbearance Totals Begin to Stabilize
The MBA reports the performance of serviced loans nationwide remained relatively flat in November, despite the forbearance rate for Ginnie Mae loans increasing for the fourth straight month. Source: DS [...]
Markets May Not Recover Until 2024
Fannie Mae predicts the economy will experience recession conditions starting during the first quarter of 2023. Source: DS News
Finding the Right Fit
A panel of experts explores the state of subservicing as we approach 2023: how to find the right subservicing partner, how the industry landscape is changing, and what critical considerations [...]
Share of Homebuyers Migrating From Home Metros Nears Record High
According to a new report, the share of Redfin users moving away from their home metro is nearing its record high as 6%-plus mortgage rates and inflation continue to cut [...]
HUD Unveils 2022 Annual Homeless Assessment Report to Congress
After halting rapid rise in homelessness, the Biden-Harris administration has announced plans to reduce homelessness 25% by 2025, as homelessness rose for individuals, people with disabilities who experience long-term homelessness, [...]
Mortgage Purchase Apps Up by Double Digits, Demand Remains Low
According to a new report from Redfin, mortgage-purchase applications and the Homebuyer Demand Index have both increased significantly since bottoming out in October, however homebuying demand remains much lower compared [...]
November Brought Minor Relief to Affordability
A combination of declining home values and lower mortgage rates brought down average mortgage payments by $100. Source: DS News