Gen Z Buyers Represent a ‘Growing Splash’
Nationally, Gen Z homebuyers represent approximately 10% of the market, but that number is growing in some states due to an influx of 18 to 24-year-olds. The post Gen Z [...]
Who Is Bidding at Foreclosure Auctions?
Most foreclosure buyers are local community developers renovating and reselling to owner-occupants. Daren Blomquist of Auction.com examines this market segment and others taking part in home auctions nationwide. The post [...]
Investing in Appraisal Modernization Can Boost the Bottom Line
Time and time again, proverbs across time and cultures tell a tale of a protagonist who refused to get with the times by refusing to accept modern ways of doing business or [...]
Nearly Half of U.S. Mortgaged Residential Properties Considered Equity-Rich
The biggest improvements in the equity-rich share of such properties were in the West and South, while the ratio of equity-rich to seriously underwater properties is now 14 to 1. [...]
Industry Reaction: Senate Confirms Julia Gordon as FHA Commissioner
After a re-nomination by President Biden, Julia Gordon has been confirmed by the Senate to serve as Commissioner of the FHA/Assistant Secretary of HUD. The post Industry Reaction: Senate Confirms [...]
Mortgage Connect Adds Jane Kennedy as SVP of Default Division
After getting her start on the legal side of the industry, Jane Kennedy brings 20-plus years of default management and loss mitigation experience to her new role with national mortgage [...]
Duty Free
In the case of Sheen v. Wells Fargo Bank, the California Supreme Court ruled that borrower negligence claims can be limited. Attorney Jonathan D. Fink of Wright, Finlay & Zak, [...]
Closed Sales Slip in Q1 from 2021
Home prices across the United States rose in Q1 at an annualized rate of 12.8%, according to Radian Home Price Index (HPI) data released today by Red Bell Real Estate, [...]
Foreclosure Filings Up 160% YoY
ATTOM Data, a real estate data company, has released its latest iteration of the Foreclosure Market Report for April 2022 which has found that there were a total of 30,674 [...]