Update: More Florida Counties Eligible for FEMA Aid
In the aftermath of Hurricane Ian, homeowners in four additional counties are eligible to apply for federal disaster assistance. Source: DS News
Homeowners Using HELOCs to Cut Housing Costs
According to Jon Giles, Head of Consumer Direct Lending at TD Bank, "Many Americans have more equity in their homes than ever before, and when used responsibly, HELOCs and home [...]
Clarifying Communication Between Debt Collectors and Third-Party Vendors
Attorney Roy Diaz examines the fallout from case of Hunstein v. Preferred Collection & Management Services, regarding whether communication among debt collectors and third-party vendors constitutes a concrete injury for [...]
CFPB Releases New Thresholds
Adjusting the exemption amounts for special appraisal requirements, the CFPB, Federal Reserve, and the Office of the Comptroller of the Currency have revised dollar thresholds to match wage increases as [...]
First-Time Buyers Giving Housing Market a Boost
The share of first-time homebuyers rose in August, posting a strong year-over-year gain that brought market share up to pre-pandemic levels. Source: DS News
Q3 Foreclosure Rates ‘Reflecting Other Aspects of the Economy’
With talk of a recession on the horizon, ATTOM’s latest data breaks down foreclosure rates and related data, as well as how they are being impacted by larger economic factors. [...]
Market Cooldown Offers Renters Relief From Rising Prices
According to Realtor.com’s latest Rental Report, the deceleration from rising prices in September may relieve some renters of financial stress. However, rental affordability remains a significant challenge as inflation continues [...]
Ginnie Mae MBS Portfolio Outstanding Expands to Nearly $2.3T
Ginnie Mae’s MBS portfolio grew for the 15th consecutive month in September, ending the fiscal year at nearly $2.3 trillion. Alongside financing more than 143,000 homeowners and renters, Ginnie Mae [...]
Examining ZIP Codes With Fastest-Growing Renter Populations
According to RentCafe's latest market trend report, renting has reached its highest peak in over 50 years, as renters surpass homeowners in 41% of ZIP codes in the 50 largest [...]