Soaring Equity Levels Could Drive Economic Recovery
Analysts expect this unprecedented growth to reduce foreclosures and incentivize mortgagers to resume payments as 400k forbearance plans end this month. The post Soaring Equity Levels Could Drive Economic Recovery [...]
Zombie Properties Decline in Q3
One in four U.S. homes now sit vacant, down 3.7% from Q2’s totals according to a new study. The post Zombie Properties Decline in Q3 appeared first on DSNews. Source: DS News
Finding Solutions in Distress
The industry faces continued inventory shortages, rising home costs, and delays, and the answer to the problem may rest in distressed housing, according to author Nathan Cron. The post Finding [...]
Wells Fargo Adds Ann Thorn as Head of Home Lending Servicing
A 25-year industry veteran, Thorn will oversee a mortgage servicing portfolio of nearly $1.1 trillion in her new role. The post Wells Fargo Adds Ann Thorn as Head of Home [...]
Mortgage Finance Leaders Leveling the Field
With the nation growing more diverse by the year, how can the housing industry adapt to meet borrower needs? The post Mortgage Finance Leaders Leveling the Field appeared first on [...]
Forbearance Volume Tails Off on Strength of August Jobs Report
After weeks of leveling off, the share of mortgage loans in forbearance plans dipped this week, with a large shift in the location of many FHA and VA loans, which [...]
GSEs to Submit Equitable Housing Finance Plans
FHFA announces new requirements from Fannie Mae and Freddie Mac, as part of an interagency effort to advance fairness in mortgage lending. The post GSEs to Submit Equitable Housing Finance [...]
Home Purchase Sentiment Inches Up, Remains Low
Economists say the COVID-19 Delta variant and inflation could be offsetting homebuying optimism that might otherwise be more favorable. The post Home Purchase Sentiment Inches Up, Remains Low appeared first [...]
Which State is Attracting First-Time Buyers in Droves?
With a state motto like "Virginia is for Lovers," a new study has found that first-time buyers are also falling for its cities of Chesapeake, Hampton, Virginia Beach, and Norfolk. [...]