Investing in Opportunity Zone Funds for Business and Sustainable Construction
By understanding the potential of investments in Opportunity Zones, investors can maximize their returns, promote green building initiatives, and shape the future of the construction industry. Source: DS News
Servicers Combating Neighborhood Blight
The Five Star Institute and Brookstone Management will examine the responsibilities of home preservation experts in combating blight, returning foreclosed properties to the market, and protecting property values in the [...]
Black Homebuyers More Likely to be Denied for Mortgage Than Overall Population
While racial disparities in housing pose challenges for homebuyers nationwide, a new report from LendingTree revealed that in the 50 largest U.S. metros, Black Americans are nearly 2% more likely [...]
Cenlar Names Five New Directors and Promotes Three Execs
Ewing, New Jersey-based mortgage subservicer names S. Courtney Collier-Beyer, Ajanta Jain, William Keller, Austin Stoop, and Terry Webb to new Director positions, while promoting Jacob Foerter, Andrea Leisten, and Laura [...]
Real Estate Market Hits New All-Time High; Now Valued at $47T
The last market peak occurred in June of 2022 when the real estate market set its all-time high of $46.6T, but now a shortage of homes has propped up sales, [...]
Analyzing 10 Problems Buyers Face When Looking for Rehab Properties
Rehabbing a home for profit can be an extremely lucrative proposition, but only if the project is treated like a business, as tight profit margins leave little room for mistakes. [...]
More Than Half of Americans Fear They Will Never Own a Home
Among Americans who don’t currently own a home, 51% say they’re worried they will never attain homeownership, according to a new survey from LendingTree, as mortgage rates topped 7% last [...]
Connecticut Court Reconciles Case Involving the State’s Mortgage Assistance Program
Attorney Geoffrey K. Milne details a recent case involving the state of Connecticut’s Emergency Mortgage Assistance Program (EMAP), a program intended to assist homeowners in avoiding foreclosure. Source: DS News
GSEs Offer Relief Options for Those Impacted by Hawaiian Wildfires
With an estimated 2,200-plus structures reported destroyed or damaged in Hawaii, 86% of them residential homes, the GSEs are offering guidance for homeowners impacted in the region. Source: DS News