Kentucky Court Rejects Statute of Limitations Defense in Foreclosure Action
Jeffrey Helms of Diaz Anselmo & Associates examines a recent case where the borrowers argued that the statute of limitations barred the foreclosure of their mortgage. Source: DS News
College Towns and Real Estate Investment: Where to Look First
Some towns with four-year colleges that are off the beaten path are ripe for real estate investment as room and board prices soar. Here’s a short list of markets poised [...]
2.7% of All Mortgages in Some Sort of Delinquency
The latest Loan Performance Insights Report for July pegged the delinquency rate at 2.7%, down 0.3% from the previous year. Source: DS News
Rising Home Prices, Mortgage Rates Fuel Decline in Housing Affordability
Homeownership is becoming more and more difficult, according to ATTOM's 2023 U.S. Home Affordability Report, which revealed that in Q3, housing affordability worsened across the nation amid yet another increase [...]
Diminished Pool of Home Buyers Forces Retreat in Pending Sales
"It's clear that increased housing inventory and better interest rates are essential to revive the housing market," said NAR Chief Economist Yun. Click through for more on NAR’s August Pending [...]
HUD Installs New Appointments to Manufactured Housing Consensus Committee
Three new appointees and three return to committee that advises HUD on manufactured housing production, regulations, and administration of the Manufactured Housing Construction and Safety Standards Act. Source: DS News
Black, Hispanic, LGBTQ+ Communities Face Discrimination While Homebuying
Discrimination remains prevalent in the housing and rental market, as a new Redfin survey revealed that nearly one-third of Black and Hispanic respondents faced some sort of discrimination while house [...]
CFPB Releases Annual Report on Residential Mortgage Lending Activity
"The higher interest rate environment had profound effects on the mortgage market in 2022, with borrowers paying much more in monthly payments,” said CFPB Director Rohit Chopra. Click through to [...]
HUD Awards Nearly $1 Million to Research the Homeownership Gap
HUD has issued several grants geared toward research to address disparities in access to mortgage financing and homeownership for borrowers of color and other underserved groups. Source: DS News