‘Notable Downturn’ in Home Flips
The big drop in activity suggests that investors may be worried that prices have simply gone up too high, say data analysts discussing a Q1 report. The post ‘Notable Downturn’ [...]
Housing Study Highlights Pandemic’s Disparate Impacts
Authors affirm that the government has "taken bold steps to prop up consumers and the economy," but say more support will be necessary to ensure that households of all incomes [...]
Servicers Prep for Post-Pandemic Rush
A recent DS News webinar addressed how servicers have handled the customer during the pandemic and what lies ahead as nearly two million Americans exit their forbearance plans. The post [...]
Bidding Wars Linger as Housing Market Decelerates
Despite the housing market experiencing a minor slowdown, Redfin agents are reporting competition remaining moderately fierce for the short supply available. The post Bidding Wars Linger as Housing Market Decelerates [...]
Exploring Solutions to the Nation’s ‘Dire’ Housing Lack
"There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream," says one economist weighing in on [...]
Subservicer Cenlar Appoints New SVP
Martin "Marty" Foster, a 35-year veteran in the mortgage banking industry, has joined the company as SVP of Servicing Operations. The post Subservicer Cenlar Appoints New SVP appeared first on [...]
Single-Family Rent Price Growth Accelerates
Researchers report that demand for more space and outdoor amenities, largely from older millennials, continues to place upward pressure on the market. The post Single-Family Rent Price Growth Accelerates appeared [...]
Putting Foreclosure Trends in Perspective
In the month of May, one in every 12,700 housing units had a foreclosure filing, a total down from April, but up 23% over last year at the outset of [...]
Yellen: $1.25 Billion CDFI Grant Will Address Economic Disparity
The Treasury Secretary says funds dispersed to Community Development Financial Institutions, which play an important role in attainable homeownership, will help to repair an "unhealthy" aspect of the American economy. [...]