Inventory Gets Boost From New Construction
Fueled by low mortgage rates, low inventory, and remote work, data shows that Houston has the biggest share of newly-built homes for sale. The post Inventory Gets Boost From New [...]
In 10 Years, the Housing Market Has Doubled
$43 trillion: that is the new value of the housing market as a whole, now double what it was since the lows of the post-recession market and the corresponding building [...]
Cenlar Names Glen Vilim as Chief Talent Officer
Subservicer adds industry vet tasked with charting the company’s talent acquisition and succession planning. The post Cenlar Names Glen Vilim as Chief Talent Officer appeared first on DSNews. Source: DS [...]
HUD Releases $2 Billion-Plus for Disaster Recovery and Loss Mitigation
Allocation of federal funds to benefit disaster-stricken regions in 10 states covering 15 separate major disasters. The post HUD Releases $2 Billion-Plus for Disaster Recovery and Loss Mitigation appeared first [...]
Digital Discomfort Within the Mortgage Process
A new study has found that as the industry has embraced more digital advancements, prospective buyers continue to face frustration and friction throughout the loan process. The post Digital Discomfort [...]
Home Price Gains Expected to Slow by December
With home prices on the rise to start the year, home price gains are projected to slow to a 3.5% annual increase by December 2022. The post Home Price Gains [...]
Loan Mod Volume Climbs as Forbearance Exits Continue
In its latest servicer report, Fitch Ratings reports forbearance plans experiencing a near 50% year-over-year drop, while the percentage of loan modifications has quadrupled. The post Loan Mod Volume Climbs [...]
Foreclosing on a Reverse Mortgage Holder
Attorney Adam Diaz examines a Florida Supreme Court case examining the differences between a reverse mortgage and a traditional mortgage when the foreclosure process is initiated. The post Foreclosing on [...]
Pending Sales Experience First Decline Since June 2020
New listings also fell 12%, the largest drop since June 2020, bringing the total number of homes for sale to another new low. The post Pending Sales Experience First Decline [...]