Zombie-Property Numbers Are Rising
Despite the uptick, pre-foreclosure properties that have been abandoned remain a miniscule percentage of the nation's housing stock The post Zombie-Property Numbers Are Rising appeared first on DSNews. Source: DS [...]
Freddie Mac Names Michael DeVito New CEO
Former Wells Fargo Head of Home Lending comes out of retirement to lead GSE. The post Freddie Mac Names Michael DeVito New CEO appeared first on DSNews. Source: DS News
FHLBank San Francisco Names Tony Wong Chief Banking Officer
FHLBank San Francisco promotes Tony Wong for his commitment to expand access to affordable housing and promotion of homeownership opportunities. The post FHLBank San Francisco Names Tony Wong Chief Banking [...]
Widespread Desire to Relocate Could be Waning
Has the well-documented, pandemic-driven desire to migrate into the suburbs from denser urban areas hit its peak? It's possible that April's small decline in the share of homebuyers looking to [...]
Ocwen Enters Into $48 Billion MSR Deal
AmeriHome Mortgage agrees to sell bulk mortgage servicing rights to Ocwen as the company continues to add new servicing in 2021. The post Ocwen Enters Into $48 Billion MSR Deal [...]
Home Prices Climb 13.2% YoY in March
Showing no signs of a slowdown, home prices continued to trend upward in March, with 20 major U.S. metros showing double-digit growth year-over-year. The post Home Prices Climb 13.2% YoY [...]
Pandemic Savings Helped Some Secure Homeownership
It's a challenging market for millennial, first-time house hunters—a new report examines how some managed to accumulate enough for a down payment. The post Pandemic Savings Helped Some Secure Homeownership [...]
How Will the Market Respond to Expiring Forbearance Plans?
A new podcast explores the effects of foreclosure moratoriums on housing supply, affordability, and more. The post How Will the Market Respond to Expiring Forbearance Plans? appeared first on DSNews. [...]
Forbearances Fall With Job Market in Recovery Mode
With more Americans returning to the workforce, the number of homeowners in forbearance plans dropped for the 12th straight week. The post Forbearances Fall With Job Market in Recovery Mode [...]