FHFA Releases Q2 Foreclosure Prevention Report
The FHFA's foreclosure analysis for July 2022 revealed the total number of loans in forbearance is trending downward from its peak in May, with nearly 85,000 loans in forbearance nationwide, [...]
FHA Proposes Changes to Manufactured Homes Rules
In line with the Biden Administration’s previously announced Housing Supply Action Plan, the FHA’s proposed rule sets forth a methodology for regularly adjusting the limits on loans that finance manufactured [...]
Housing Market: What to Expect in the Remainder of 2022
Housing market potential sagged to its lowest point since May 2020 in September, falling from August to an estimated 5.38 million at a seasonally adjusted annualized rate. Source: DS News
Next Steps for Default Servicing
As fears of a recession grow, it would be prudent for everyone—servicers and regulators alike—to think hard about default servicing improvements and reforms. Source: DS News
Examining the GSEs’ Approach to Equitable Housing Finance Plans
The Urban Institute takes a closer look at efforts by the GSEs to promote sustainable homeownership and rental opportunities for traditionally underserved communities through the FHFA-mandated Equitable Housing Finance Plans. [...]
Pace of Forbearance Exits Slows in September
The MBA reports that nationwide forbearance volume continues to drop, however the impact of Hurricane Ian may change that trend as servicers continue to report on the devastation from the [...]
Homeowners Becoming Landlords to Retain Record-Low Mortgage Rates
Although the market frenzy has begun to slow, inflation and economic uncertainty are still prompting many Americans to hold off on significant financial decisions such as moving or buying a [...]
Q3 Home Price Growth Decelerates Sharply
As Fannie Mae predicted in the second quarter of 2022, home price growth decelerated sharply during the third quarter, which fell in-line with a sharp rise in mortgage rates, further [...]
Celebrating Four Decades of Industry Advancement
Wes G. Iseley, EVP and Senior Managing Director of Carrington Holding Company, winner of the 2022 Five Star Institute Lifetime Achievement Award, reflects on his 40-plus years in the industry [...]