Forbearance Update: How Are Rates Changing?
Despite a drop in unemployment claims and an overall improved economic outlook, forbearance volume declined marginally this week, dipping just one basis point over the previous week. The post Forbearance [...]
HUD Removes Barriers to Puerto Rico’s Disaster Relief Funds
The Biden administration last February began working to remove spending restrictions put in place after 2017's Hurricane Maria, and now further progress has been made. The post HUD Removes Barriers [...]
AHP Servicing Appoints New President
Eric Seabrook joins Chicago-based servicer to focus on FHA and VA loans. The post AHP Servicing Appoints New President appeared first on DSNews. Source: DS News
What is Preventing Homeowners from Selling?
Many market analysts comparing year-over-year metrics are looking at data from both 2020 and 2019 because, at this time last year, pandemic stay-at-home restrictions thwarted homebuying and selling, which makes [...]
Shrinking the Racial Wealth Gap Depends on Housing Factors
Lower home values and rates of homeownership account for a significant share of the difference between Black and White households' wealth. Researchers look at potential paths to improved equity. The [...]
HUD, City Leaders Discuss $5B to Further Housing Security
The Department of Housing and Urban Development Secretary says she and local leaders cannot stand by when anyone in this nation, let alone half a million, lacks a safe home. [...]
Forbearance Rate Improvement Expected to Continue
The number of active COVID-19-related forbearance plans decreased again, marking the eighth-straight week of recovery. The post Forbearance Rate Improvement Expected to Continue appeared first on DSNews. Source: DS News
The Week Ahead: Strong Employment Numbers Forcing Forbearance Reversal
As a number of Americans return to the workforce, an increasing amount are exiting their forbearance plans and the housing market pushes for a return to pre-pandemic levels. The post [...]
Gauging the Trajectory of America’s Racial Homeownership Gap
For decades the rate of homeownership among Black, Latinx, Asian, and other minority demographics lagged far behind the rate among White Americans. That is due to a history of structural [...]