Nationwide Housing Shortage Intensifies
Forty of the nation’s top 50 metro areas have reported a decline in housing supply since February, according to new data released by Redfin. Among the most dramatic examples of [...]
Despite Protections Mass Evictions Are Predicted
Despite eviction and foreclosure moratoria, recently extended at federal levels—first from FHFA, FHA, and, later, the CDC—the country is in for a flood of eventual evictions, according to research collected by Bloomberg. The [...]
How Borrowers are Handling Pandemic-Prompted Budget Barriers
A new study broke down some of the ways the pandemic is effecting homeowners with a mortgage. The results revealed that more than half of those who took out a [...]
Why Pending Foreclosure Wave Won’t Be Like the Last One
There is little doubt that the COVID-19 pandemic will give rise to more foreclosures, but industry professionals predict conditions won’t be nearly as bad as they were in 2008-2010, for a few reasons. A prominent housing analyst told Bankrate.com to expect hundreds [...]
Report Ranks 11 Top Communities for Opportunity Zone Investments
Eleven neighborhoods across seven states and the District of Columbia have been named by ATTOM Data Solutions and the proptech firm CityBldr as possessing the best potential for using Opportunity [...]
Industry Pulse: Promotions at BSI, Fannie Mae and Free Training from Padgett
BSI Financial Services, a mortgage-centric financial services company, last week announced it has promoted Larry Goldstone to President of Capital Markets and Lending and John Lawrence to President of Servicing [...]
Padgett Law Group Offers ‘Post COVID Reality’ Web Summit
Today Padgett Law Group (PLG) opened registration for the firm’s inaugural web summit, "PANDIFFERENT." The summit is in response to growing client demand for digital training and education resources, and [...]
U.S. Senate Banking Committee Requests Clarity on Cryptocurrencies
This week, U.S. Sen. Mike Crapo (R-Idaho), who heads the Senate Committee on Banking, Housing and Urban Affairs, asked the Office of the Comptroller of the Currency (OCC) to fill [...]
CDC Orders Temporary Halt to Residential Evictions
The Trump administration said it will use its quarantine authority to keep renters in their homes during the coronavirus pandemic as a way to prevent an eviction crisis that could [...]