Insurance Fraud Caused Up to $9B in Additional Claims Last Year
According to a new report from the National Insurance Crime Bureau (NICB), fraudulent claims cost insurers between $4.6-9.2 billion in extra disaster claims in 2021, a cost that is eventually [...]
Bubble? No Bubble? Economists Weigh In
As the market continues to hit record marks nearly unabated over the last few months, the topic of bubbles is being brought up around watercoolers and coffee machines across the [...]
Second Home, Investment Property Prices Surge in Top Markets
As remote work prompted many Americans to relocate during the pandemic, housing costs soared in second-home hotspots even more than the rest of the country, according to a new report [...]
Total Bankruptcies Down 10% YoY
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its May 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased [...]
Breaking Down Local Impacts of a Home Sale
The foundation of wealth-building throughout the country for the masses remains firmly entrenched in real estate. A first-class asset, real estate now represents 17% of the country’s GDP and represents [...]
Fannie Mae: Economic Factors Putting Pressure on Housing Market
The Fannie Mae Home Purchase Sentiment Index (HPSI) remained comparatively flat in May —decreasing by only 0.3 points— but inching nearer its 10-year- and pandemic-low of 63.0 from April 2020. [...]
GSEs Further Advancing the Pursuit of Affordable Housing
In its inaugural Mission Report, the GSEs reported the acquisition of more than 360,000 loans, further supporting the goal of affordable, sustainable, and equitable housing for all. The post GSEs [...]
Longtime Industry Economist Frank Nothaft Passes Away
Industry reacts to the loss of visionary economist and longtime Freddie Mac exec after sudden passing. The post Longtime Industry Economist Frank Nothaft Passes Away appeared first on DSNews. Source: [...]
May Marks Least Affordable Housing Market in 16 Years
Rising home prices and unpredictable interest rates continue to complicate affordability pressures in the housing market. However, the same dynamics have also served to increase the housing wealth of American [...]