Lawsuits Over Floorplans May Become Reality if Ruling Stands
The National Association of Realtors (NAR), among a group of 18 companies and organizations, is leading the charge against a recent court ruling that allows lawsuits to be brought against [...]
Another Strong Year Ahead?
First American Financial Corporation released First American’s proprietary Potential Home Sales Model (PHSM) for March 2022, showing that potential existing-home sales decreased to a 5.97 million seasonally adjusted annualized rate [...]
Covius Expands Partnership With Black Knight
Under terms of the new deal, Black Knight customers will have access to Covius’ array of loss mitigation and modification agreement solutions. The post Covius Expands Partnership With Black Knight [...]
Gain in March Housing Starts Driven by Uptick in Construction
Led by a double-digit gain in multifamily activity, housing permits rose 0.4% from February, and were 6.7% higher year-over-year. The post Gain in March Housing Starts Driven by Uptick in [...]
Spring Buying Season Starts Strong
According to the RE/MAX National Housing Report for March 2022, March home sales jumped 32.2% over February, posting a report record median sales price of $360,000. As buyers continued to [...]
Number of Loans in Forbearance Approaches the 1% Mark
After peaking at 4.3 million at the height of the pandemic in June 2020, nearly two years later, an estimated 525,000 U.S. homeowners remained in forbearance plans in March. The [...]
Early-Stage Homebuying Demand Beginning to Falter
It is no secret that the price of everything has been rising of late, and it seems that some of the pressure caused by inflation and rising interest rates is [...]
FHA Finalizes Details on 40-Year Mortgage Mod
Geared toward borrowers struggling due to the pandemic, FHA details the latest loss mitigation option to help homeowners remain in their homes. The post FHA Finalizes Details on 40-Year Mortgage [...]
Cornerstone Home Lending Debuts New Mortgage Loan Servicing Operations
Cornerstone Home Lending, Inc. has launched its full service, in-house mortgage loan servicing operation for new loan originations, combining its 34-year tradition of superior customer care with industry-leading loan servicing [...]