REO Forum Closes Out Successful 2023 Five Star Conference
Asset managers and industry stakeholders took part in a forum at the Five Star Conference & Expo in Dallas to discuss shifts in the REO marketplace, and how to overcome [...]
The Week Ahead: Capitol Hill Analyzes Flood Insurance
Set to expire September 30, FEMA’s National Flood Insurance Program provides flood insurance to millions of U.S. property owners, renters, and businesses yet is in jeopardy of not being reauthorized [...]
HUD Expedites Aid to Hurricane Idalia Victims in Florida
The Department issues 29 waivers to help communities in Florida hasten rehabilitation and reconstruction from the extensive damage caused by Hurricane Idalia. Source: DS News
Single-Family Rents Experience 15th Consecutive Month of Deceleration
While U.S. single-family rents posted 3.1% year-over-year growth in July, representing the 15th consecutive month of deceleration, numbers are still in line with pre-pandemic trends, according to a new report [...]
Examining New Housing Development, Homebuilder Sentiment
According to a new survey from Redfin, while nearly 80% of respondents support building more homes, one-third of pro-building respondents remained positive about an apartment complex being built in their [...]
August Data Finds Inventory, Home Prices Up
A snapshot of August’s existing-home sales data revealed that available months of inventory increased to 3.3 while median sales prices topped $407,000. Source: DS News
Q2 Home Flipping Activity Dips as Profits Rise Nationwide
Property flippers in the second quarter reported an average gross profit of $66,500 according to ATTOM, with the average time it took to flip a home in the quarter rising [...]
CFPB Issues Lender Guidance on AI-Related Credit Denials
In an effort to make the intersection of fair lending and technology a priority, the CFPB has issued guidance on how lenders must issue consumers accurate and specific reasons for [...]
Five Star Conference Honors 2023’s Women in Housing Award Recipients
In addition to the presentation of the annual awards, this year's ceremony also included a keynote from FHA Commissioner Julia R. Gordon and a panel featuring insights from a who's [...]