People Living in Flood Zones Ill-Equipped for Disaster
Only a quarter of respondents living in medium-risk flood areas who participated in Fannie Mae’s Flood Survey were familiar with government-backed flood insurance plans, what they cover, and—more specifically—what they [...]
FHFA Supplemental Partial Claim: The Next Iteration
Taking a deep dive into Supplemental Partial Claims, Joseph Smith of Stretto explains the benefits and drawbacks they present in today’s mortgage landscape, and other considerations. Source: DS News
Home-Flipper Investment Returns Rebound From Two-Year Decline
Profits and profit margins for home flippers recovered in Q3 2023, with a new report revealing that investors were able to benefit from shifts in prices between the time of [...]
The Year Ahead
The National Association of Realtors' latest forecast predicts a modest bump in existing-home sales while annual median home prices should remain relatively flat, something that bodes well for affordability. Source: [...]
Are Renters Finally Catching a Break?
While a recent apartment construction boom offered U.S. renters more options to choose from, an increasing number of buildings to choose from caused the rental vacancy rate to rise in [...]
Study: Breaking Down Economic Pain Points
A study conducted from July to September examined the overall health of the economy, with findings that identified pain points including regulatory fines and compliance obligations. Source: DS News
Eyes on the Horizon
As we approach a new year, MortgagePoint took the temperature of industry experts to see what lies ahead for a market that trudged through 2023 hampered by the convergence of [...]
Federal Reserve Holds Rates Steady Moving Into the New Year
For the third meeting in a row, the Federal Open Market Committee chose to hold rates steady based on current market conditions and future predictions. Click through to find out [...]
Residential Real Estate Investors Anticipate Business Growth in 2024
A recent report from New Western has found that single-family real estate investors will play a key role in solving the nation’s housing shortage by fixing up unlivable homes, and [...]