Investor Activity Stalls in Q4 of 2021
The investing spree for single-family homes seems to be slowing in the fourth quarter after hitting what appears to be peaks in the second and third quarters of 2021. The [...]
Ascendant National Title Names Michael Longaker Senior VP of Special Asset Solutions
Ascendant National Title announced that Michael Longaker has joined the company as Senior VP, Special Asset Solutions. In this new role, Mr. Longaker will oversee the Special Asset Solutions Group, [...]
Home Affordability Nears All-Time Low Amid Spiking Interest Rates
Black Knight Inc., has released the latest iteration of its Mortgage Monitor Report for March 2022 which looks at mounting affordability pressures resulting from the competing dynamics of rising interest [...]
The Housing Gender Gap Widens Nationwide
The gender pay gap is increasingly burdening women, who are now priced out of 34 cities as home prices continue to accelerate across the country. While the onset of the [...]
Financial Capacity Limits Pending Home Sales
According to the latest from the National Association of Realtors (NAR), pending home sales slipped 4.1% month-over-month in March, marking the fifth consecutive months of transaction decreases. Year-over-year, pending home [...]
CFPB Seeks to Examine More Nonbank Financial Companies
The Consumer Financial Protection Bureau (CFPB), created in 2010 as part of the Dodd-Frank Act, has invoked an unused portion of its legal power to examine nonbank financial companies that [...]
More Than Half of U.S. Homes Sold Above List Price
According to a new report from Redfin, the typical homebuyer’s monthly mortgage payment jumped to 39%, — the largest year-over-year gain on record as the average 30-year-fixed rate remained at [...]
Mr. Cooper Posts Q1 Gains
Led by the recent deal with Sagent, nationwide mortgage servicer reported net Q1 profits exceeding $650 million. The post Mr. Cooper Posts Q1 Gains appeared first on DSNews. Source: DS [...]
Average Home Profit Sinks to $103K
Home sellers were earning a 4.4 percentage point profit on their sales in Q1, marking the largest drop since 2011. The post Average Home Profit Sinks to $103K appeared first [...]