A Look at First-Lien Mortgage Defaults
Reporting data for August 2022, S&P and Experian found defaults for first-lien mortgages held steady for the second month in a row. Click through to learn the details. Source: DS [...]
JPMorgan Chase Commits $15M to Increase Supply of Affordable Housing
In efforts to further combat the nationwide housing affordability crisis, JPMorgan Chase has announced $3 million in grants for five organizations across the U.S. to expand climate resilient affordable housing [...]
Fannie Mae Projection: ‘Modest Recession’ on the Horizon
Fannie Mae’s Economic and Strategic Research Group has found that due to inflation, monetary policy tightening by the Federal reserve, and a slowing market will tip the economy into a [...]
Q2 First-Lien Mortgage Performance Improves YoY
Despite rising prices and speculation about looming recession, the Office of the Comptroller of the Currency reports that the performance of first-lien mortgages held by the federal banking system improved [...]
Educated Millennials Fueling Homeownership Demand
According to the latest analysis from First American Financial, education is one of the main, long-term drivers that are fundamental to housing demand that will gradually position the housing market [...]
Nearly a Million Americans Fear Losing Their Home to Foreclosure
With many households unable to afford necessary expenses as a result of rising rates and inflated home prices, a recent study from LendingTree revealed that many American homeowners report being [...]
FHFA Proposes Rule to Assist U.S. Border States
New amendments seek to remove barriers to the FHFA’s Enterprise Duty to Serve activities in high-needs rural regions of the nation’s southern border states. Source: DS News
Home Price Growth Falls to 12%
Home price growth showed signs of slowing in August 2022 as rates fell to 12% on an annualized basis—off from its 35% peak—according to the latest Home Price Index published [...]
Examining States Most Impacted by Natural Disasters
In the aftermath of Hurricane Ian causing billions in damages to Florida and South Carolina, WalletHub's latest market report determines which states throughout the nation are most and least impacted [...]