SFR Market Grows in the First Half of 2022
Reporting a 13.4% year-over-year increase, a new study detailing the nation’s single-family rental market has found the industrial Midwest region driving market activity, with low rental prices and a rise [...]
Fannie Mae: Potential Homeowners Becoming Increasingly Concerned With Market
The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.0 points in June to 62.8, its second-lowest reading in a decade, according to their latest report. Surveyed consumers continue to express [...]
Unexplored Territory
The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and [...]
San Jose Tops List of Best Metros for Millennials
Nearly 72 million people living and working in the U.S. today are part of what’s commonly referred to as the Millennial generation, which currently represents the most significant cohort of [...]
Average Homeowner Equity Exceeds $233K
Credit bureau TransUnion has released its second quarter Credit Industry Insights Report which highlighted how the number of consumers with credit cards and personal loans has reached record highs, driven [...]
One in 20 Americans Live in Inadequate Housing
The latest American Housing Survey conducted by the Census Bureau for the Department of Housing and Urban Development (HUD) has a disturbing statistic hidden among other larger findings—1 in 20, [...]
The Week Ahead: Due Diligence in the Non-QM Space
An upcoming webinar will explain how non-QM products may be the right fit for “out of the box” borrowers, but proper diligence is key to getting these borrowers into the [...]
Share of Seriously Underwater Mortgages Slips Below 3%
ATTOM has released its Q2 2022 U.S. Home Equity & Underwater Report, which shows that 48.1% of mortgaged residential properties in the U.S. were considered equity-rich in Q2, meaning that [...]
Milliman: Expected Slowdown Driving Uptick in Mortgage Risk
According to Milliman’s latest Mortgage Default Index (MMDI) covering the first quarter of 2022, mortgage originations continued a decline recorded over the last three quarters due to increased interest rates [...]