A Look at What Drove Up May’s Delinquency Rate
Even as the number of seriously delinquent mortgage loans improved, the overall percentage of borrowers behind on payments has increased, according to researchers. The post A Look at What Drove [...]
Biden Dismisses Calabria as FHFA Head
The Court on Wednesday ruled that the leadership structure of the Federal Housing Finance Agency is unconstitutional and that the President can remove FHFA Director Mark Calabria at will rather [...]
How Homeownership Difficulties Differ for People of Color
Almost everyone pursuing the American Dream today faces affordability, supply, and security challenges—this survey breaks down specific housing issues by race. The post How Homeownership Difficulties Differ for People of [...]
Gen Z/Millennials: To Refi or Relocate?
Coming off a year of mortgage rates at all-time lows, a ServiceLink report has found that more Generation Z and millennial homeowners were remaining in place and opting to refinance [...]
The Latest on Forbearance Requests
The number of new forbearance requests remained low this past week, and overall, the share of mortgage loans in active forbearance dropped by 11 basis points from 4.04% of servicers' [...]
Senate Hearing Addresses Flood Insurance
A panel examined mitigating flood risk through the National Flood Insurance Program and new pricing methodology as a result of Risk Rating 2.0. The post Senate Hearing Addresses Flood Insurance [...]
Waters Seeks Extension of Federal Foreclosure Moratoria
Chairwoman of the House Financial Services Committee issues letter to federal agencies requesting additional time for at-risk borrowers. The post Waters Seeks Extension of Federal Foreclosure Moratoria appeared first on [...]
Home Sales Approach Pre-Pandemic Levels
Inventory is low, median prices are high, foreclosures and short sales are minimal—but economists expect some of that to change in the coming months. The post Home Sales Approach Pre-Pandemic [...]
HUD Continues Disaster Recovery Efforts for Puerto Rico and USVI
Department publishes notice regarding $2 billion in grants and funds to assist hurricane stricken areas. The post HUD Continues Disaster Recovery Efforts for Puerto Rico and USVI appeared first on [...]