New Construction Numbers Released by the Census and HUD
Publishing data covering the month of February 2023, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development has released their joint report on new residential construction [...]
Fannie Mae Appoints Michael Seelig to Its Board
GSE names former PricewaterhouseCoopers Partner to its Board of Directors, bringing financial management and reporting, risk management, and business strategy expertise to his new role. Source: DS News
CFPB Seeks Input on Data Collection Firms
By issuing new request for information, the Bureau is studying the business practices of data brokers, their impact on the daily lives of consumers, and whether they are all playing [...]
Weinstock Promoted to Essent Group’s CFO
Essent Group Ltd. has announced the promotion of David B. Weinstock to CFO Source: DS News
Concessions Wooing Buyers in Tight Market
Thirteen percent of homes sold from December 2022 through February 2023 included a price cut and list of concessions in order to complete the deal. Source: DS News
Single Female Homeownership Increases Driving Overall Homeownership Rate Growth
Since 2019, the number of single, female-headed households has increased by 1.4 million, one million of whom are homeowners, according to a new report from First American. Source: DS News
HUD Overhauls Its Disaster Recovery Assistance Efforts
To better serve areas impacted by weather-related disasters, HUD forms new office focused on disaster recovery and an injection of $3.3 billion in funding to help communities across the country [...]
Lessons Learned From the Triumph of Pandemic Foreclosure Prevention
During the pandemic, an estimated 3.2 million foreclosure starts were prevented, along with the completion of approximately 1.5 million foreclosures. Source: DS News
Examining the Hottest Rental Markets at the Start of 2023
With eight of the nation’s 20 most competitive markets for renting are in the Northeast according to a new report from RentCafe, North Jersey is the most competitive rental market [...]