Lessons Learned From Pandemic Servicing
Subject matter experts from Mr. Cooper, Richey May, Sagent, and The Basis Point discuss the health of America's $12 trillion mortgage servicing industry, asking, “Are we in a golden age [...]
Freddie Mac CRT Produces Record First Half of Year
Freddie Mac’s Single-Family business announced that its Credit Risk Transfer (CRT) program reported Q2 2022 CRT issuance of approximately $6.5 billion, protecting approximately $151 billion in unpaid principal balance (UPB) of single-family [...]
Anticipating a Possible Downtrend in Housing
Fitch Ratings says the likelihood of a severe downturn in US housing has increased; however, their rating case scenario provides for a more moderate pullback that includes a mid-single-digit decline [...]
Changing Needs Motivating Home Sellers
According to a new Realtor.com survey, some 92% of people who sold their home within the last year accepted some buyer-friendly terms, and approximately 41% accepted some contingencies in the contract. [...]
What Impact Do Investors Have on the Housing Market?
Citing recent data from First American Data & Analytics, investor purchases of residential homes as rental properties as a share of all residential home sales, have increased sharply over the [...]
Report: Home Prices Will Continue to Decelerate
In the month of June, housing markets in the Western U.S. began to show signs of slowing, as S&P CoreLogic Case-Shiller data found a 1.9% overall month-over-month slide in the [...]
HUD Pledges $15 Million to Assist the Elderly
New program will fund endeavors to make safety and functional home modification repairs and renovations to meet the needs of low-income elderly homeowners. The post HUD Pledges $15 Million to [...]
Are Delinquency Numbers Stabilizing?
According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of [...]
Is the ‘Great House Price Moderation’ Here?
A new blog post by Mark Fleming, the Chief Economist at First American Financial Corporation discusses the findings of the latest Real House Price Index (RHPI) covering June 2022 which [...]