Tight Inventory Causes Record Home Price Growth
Another record has fallen as CoreLogic’s latest Home Price Index (HPI) and HPI Forecast for October 2021 revealed that home prices increased by 18% year-over-year, the highest level seen since the index was started 45 years ago. [...]
Essent Guaranty Names New President
Essent Group Ltd. has announced the promotion of Christopher G. Curran to the role of President of Essent Guaranty, Inc., a nationwide provider of mortgage insurance and subsidiary of Essent Group Ltd. As President, Curran will [...]
Refis Reduce Mortgage Payments by $1.3B a Month
Black Knight Inc., has released the latest iteration of it Mortgage Monitor Report which looks at how rising interest rates affect the dynamics of the refinance lending market. According to Black Knight Data [...]
Homeownership Remains Key Asset to Americans’ Bottom Line
Homeownership continues to serve as the primary source of wealth accumulation for most middle-class households, according to a new report. The post Homeownership Remains Key Asset to Americans’ Bottom Line [...]
Webinar Recap: ‘Turn Distress Into Success in 2022’
A recent webinar covered the future of the real estate market and what REO agents can do stand out among a field of asset managers. The post Webinar Recap: ‘Turn [...]
A Keen Eye
It’s critical to correctly value distressed assets as they come out of foreclosure. Ken Dicks, Director of Appraisal Compliance & Initiatives for Reggora, shares his perspective with DS News this [...]
IMB Data Shows Significant Profit Increases
An industry report breaks down trends and changes regarding Q3 profitability for Independent mortgage banks and mortgage subsidiaries of chartered banks. Here's what the report found. The post IMB Data [...]
37M Do Not Qualify for a Credit Score
According to a report, roughly one in three consumers in disadvantaged areas do not qualify for a traditional credit score. Click through to see what factors are in play. The [...]
Q3 2021 Report: Examining Mortgage Trends
Mortgage lending has dropped in the second and third quarters of 2021, with finance mortgages dropping 13% and purchase loans off 2% for the first time this century. According to [...]