Recession Fears Grow Amid Market Collapse, Yield Curve Inversion
Editor's note: This is a breaking story. Please check back for updates. Markets plummeted and fears of a possible upcoming recession loomed as the 10-year Treasury yield fell below the [...]
Homeowners Bracing for Climate Change
As half of residents in major U.S. metro areas believe climate change will affect their homes or communities within their lifetime, what steps are being taken to prevent catastrophe? The [...]
Hurricane Barry’s $300M Cost to Insurers
A new report examines just how much the damage from Hurricane Barry was worth, and how much of it was insured. The post Hurricane Barry’s $300M Cost to Insurers appeared [...]
Fannie Mae Launches 13th Re-Performing Loan Sale
Fannie Mae's latest sale consists of approximately 29,600 loans, having an unpaid principal balance of approximately $5.1 billion and marketed with Citigroup Global Markets, Inc. The post Fannie Mae Launches [...]
New York Fed Gives Unfavorable Review of Housing Sector
Merriam Webster's Dictionary defines anemic as: “lacking force, vitality, or spirit.” The Federal Reserve Bank of New York felt that is an appropriate depiction of the current housing market, as [...]
Innovation Center Launched by Title Company
First American Financial Corporation, a global provider of title insurance, settlement services, and risk solutions for real estate transactions, announced the launch of the First American Innovation Center, an online [...]
Why are Homeownership Rates Falling?
Despite all signs pointing toward a growing housing sector—record-low mortgage rates, strong refinance activity, and falling interest rates—information from Axios shows homeownership rates are dropping across the board. From [...]
NYC’s Continuing Fight Against Zombie Properties
New York City received $500,000 in funding for a new team that will focus on cracking down on zombie properties that have been abandoned and are in foreclosure, according to [...]
HUD Invests in Small Distressed Communities
HUD has awarded $6 million to the Local Initiatives Support Corporation to provide technical assistance to small distressed communities. Here’s what the grant entails. The post HUD Invests in Small [...]