Fed Attempts to Moderate Housing Frenzy
“The Fed’s aggressive rate-hike campaign has worsened the generational homeownership divide,” said Sam Bourgi, Senior Analyst at CreditNews. “While more than 40% of all U.S. mortgages were obtained in 2020 [...]
Dollar by Dollar, Home Equity Builds into Something Great
According to First American Economist Ksenia Potapov, homeownership—and the equity that comes with it—is one of the most effective ways to build wealth. Source: DS News
Advancing Servicer Automation Into 2024
Dan Sogorka of Sagent discusses the latest trends in the fintech space for mortgage servicers, and discusses the factors that will sway the housing market over the next 12 months. [...]
Ranking the Nation’s Top Targets for Second Homes
A new report reveals that this New England area has become a targeted destination for investors and those seeking second homes. Click through to find out these growing markets, and [...]
Danya Sawyer Steps Down as Altisource Asset Management Interim CEO
Interim CEO and COO of Altisource’s Alternative Lending Group announces resignation as the company opens search for successor. Source: DS News
Snapshot: Commercial Bankruptcies Surge YoY
While commercial bankruptcies were up over 140% year-over-year, individual bankruptcy filings also increased year-over-year, putting additional stress on the economy. Source: DS News
What’s In Store for the 2024 Housing Market?
Redfin has made new predictions for the 2024 housing market, leading with the notion that next year may finally turn in favor of buyers as home prices fall and listings [...]
Gen Zers Outpace Millennials, Now Leading U.S. Rental Demand
Millennials outweigh Gen Zers in terms of population, but not when it comes to renter households, according to a new report from the Joint Center for Housing Studies (JCHS). Daniel [...]
Cenlar’s Enterprise Portfolio Management Office Adds Three New Directors
The mortgage subservicer fortifies its Enterprise Portfolio Management Office with the addition of three new Directors, all responsible for driving and implementing strategic programs within the company. Source: DS News