Desire for Luxury Homes Driving Market Optimism
Luxury consumers brought fresh energy to the housing market in 2023 as their ability to pay cash for a home and ignore the lock-in effect increased, according to a new [...]
Dropping Rates Should Boost Home Sales in 2024
Fannie Mae’s Economic and Strategic Research Group predicts a gradual return to a more “normal” housing balance in 2024. Source: DS News
Former Cenlar EVP Joins Ranieri Solutions as CEO
Rob Lux is named CEO of Ranieri Solutions, where he will work to expand the company’s servicing technology and cloud-native servicing platform. Source: DS News
Freddie Mac Names New Director
The GSE adds Roy Swan, current Director of Mission Investments at the Ford Foundation, to its Board, bringing 30-plus years of experience in law, banking, corporate finance, public policy, and [...]
Examining the Affordability Gap Between Renting and Owning
Renting and/or owning a home continues to be a financial burden for average U.S. workers, according to ATTOM’s 2024 Rental Affordability Report, which showed that rents are growing faster than [...]
HUD Honors Wisconsin’s Healthy Housing Initiatives Portfolio
Wisconsin housing program recognized for their efforts in reducing lead paint hazards and enhancing asthma education, while ensuring a healthier living space for children. Source: DS News
The Next Default Spike Will be Unlike Any We’ve Seen Before
Michael Krein, President of the National REO Brokers Association (NRBA), explains how things have changed dramatically in the way the default and foreclosure world operates. Source: DS News
CFPB Aims to Close Overdraft Loopholes
Overdraft fees—colloquially known as “junk fees” in most circles—cost Americans billions of dollars a year, but a proposed rule from the Consumer Financial Protection Bureau would close one avenue of [...]
Maximizing Loss Mitigation Options
Donna Schmidt, Managing Director and Founder of DLS Servicing, discusses the intricacies and difficulties in administering the loss mitigation waterfall. Source: DS News