Migration Trends: From Metro to Metro
San Francisco, Los Angeles, New York, Washington, D.C. and Seattle were the top metros seeing outbound migration in Q4. What else can we take away from the ways people are [...]
Foreclosures Slide to All-Time Low
Approximately 0.24% of U.S. loans were in active foreclosure in December, marking a historic low, with the month's 4,100 foreclosure starts nearly 90% below December 2019's levels. The post Foreclosures [...]
GSE Forecast: Rise in Rates to Temper Housing Demand
In its Quarterly Forecast, Freddie Mac predicts that continued inventory issues will keep the housing market competitive in Q1. The post GSE Forecast: Rise in Rates to Temper Housing Demand [...]
HUD Offers Disaster Aid for Three Storm-Stricken States
Residents in Alaska, Tennessee, and Missouri impacted by recent natural disasters are now eligible for federal disaster assistance. The post HUD Offers Disaster Aid for Three Storm-Stricken States appeared first [...]
‘Fear of Missing Out’ May Help Drive Housing Market
According to First American, more may be entering the purchase market soon, as rate hikes may be on the horizon. The post ‘Fear of Missing Out’ May Help Drive Housing [...]
Inventory of Homes Drops Again to 923,000 Units
The supply of available homes dropped again in December—a new low recorded by Zillow. The post Inventory of Homes Drops Again to 923,000 Units appeared first on DSNews. Source: DS [...]
Ginnie Mae Further Streamlines Advanced Loan Modifications
On Friday afternoon, Ginnie Mae issued a new memorandum (APM 22-01) stating that they are streamlining its documentation requirements for servicers participating in the Federal Housing Administration’s (FHA) Advanced Loan Modification program (ALM). The memo does away with the [...]
Which Housing Markets Are Most at Risk of COVID Impact?
Markets were considered vulnerable based on the percentage of homes facing foreclosure, affordability, equity, and foreclosure reports. The post Which Housing Markets Are Most at Risk of COVID Impact? appeared [...]
Enforcement Actions Taken Against 400 MLOs Over SAFE Act Violations
State regulators have reached a settlement with 400 mortgage loan originators who falsely claimed to have completed their SAFE Act-mandated education requirements. The post Enforcement Actions Taken Against 400 MLOs [...]