President Biden Announces Housing Supply Action Plan
Record high home prices pushed up by record low levels has been a persistent problem over the past year or so and relief seems farfetched in the short term. To [...]
HUD Welcomes Elizabeth de León Bhargava as Assistant Secretary for Administration
HUD’s new Assistant Secretary will work to increase the Department’s internal capacity and efficiency to meet the housing needs of families and communities nationwide. The post HUD Welcomes Elizabeth de [...]
Listing Prices Drop, Mortgage Payments Surge
The share of homes for sale with price drops jumped to a seven-month high of 16% during the four-week period as early-stage homebuying demand is on the decline. The post [...]
Pace of Forbearance Exits Hits Two-Year Low
With nearly 470,000 nationwide currently in forbearance plans, strong employment numbers are helping homeowners regain their financial footing despite lingering inflationary concerns. The post Pace of Forbearance Exits Hits Two-Year [...]
BSI Adds Two Seasoned Vets to Drive HR and Investor Reporting
Sean McGowan tapped to head HR, training and company culture, while Shannon Clay joins BSI to manage investor reporting, reconciliations, and cash management initiatives. The post BSI Adds Two Seasoned [...]
Real Estate and the Blockchain: Is It Possible?
According to a recent Fannie Mae survey, there is a latent interest in blockchain technology, but most lenders have yet to invest in it. The post Real Estate and the [...]
HUD Expands Its Eviction Grant Program
An additional $20 million has been made available by HUD to 11 non-profits and governmental entities who provide legal assistance to low-income tenants at-risk of or subject to eviction. The [...]
Bankruptcies Down Over 20% YoY
Epiq, an Atlanta-based provider of intelligence to the legal services industry, has released its April 2022 bankruptcy filing statistics from its new Bankruptcy Analytics platform which found that filings decreased by [...]
Fed Chair Powell Confirmed by Senate for Second Term
By an 80-19 vote, Jerome Powell has been confirmed as Chairman of the Federal Reserve Board by the U.S. Senate. The post Fed Chair Powell Confirmed by Senate for Second [...]