Home Flipping on the Rise as House Prices Soar
CoreLogic data reveals that the nationwide ration of flipped properties to home sales hit 6.2 percent during Q1 2018, matching the post-crash high reached in Q1 2013. However, even as [...]
Mortgage Diversity Group Elects New Advisory Council for 2018
In results that were announced recently, the AMDC elected its first council members. Learn who they are, here. The post Mortgage Diversity Group Elects New Advisory Council for 2018 appeared [...]
Low Credit Scores Add Up
A “fair” credit score between 640 and 679 could cost a borrower around $720 a year in extra mortgage payments than a borrower with an “excellent” score, according to a [...]
Goldman Sachs Mortgage Relief Settlement Actions Near $1B
Goldman Sachs is approaching the billion-dollar mark for mandated consumer-relief actions stemming from two mortgage-related settlement agreements with the U.S. Department of Justice and three states. Professor Eric D. Green, [...]
Mulvaney: CFPB to Enforce, ‘Not Become the Law’
Speaking at an industry conference this week, Mick Mulvaney, Acting Director of the Consumer Financial Protection Bureau, outlined the bureau’s ongoing shift away from “regulation by enforcement” and toward more [...]
What’s Happening With Single-Family Rentals?
Single-family rents have been climbing steadily since 2010, but the latest edition of the CoreLogic Single-Family Rental Index (SFRI) also shows year-over-year (YOY) rent growth also continuing to decelerate in [...]
Michael R. Bright Nominated to Head Ginnie Mae
On Tuesday, the Trump administration announced that it was nominating Michael R. Bright as President of the Government National Mortgage Association, otherwise known as Ginnie Mae. If confirmed, Bright would [...]
Remodeling Survey Shines Light on Homeowner Sentiment
Discovering why homeowners choose to remodel can reveal unexpected insights into attitudes and expectations about the current housing market. According to the latest Remodeling Market Index (RMI), released quarterly by [...]
The Most Affordable College Town Is …
Whether consumers are hunting for their perfect house or just trying to find a place to rent, affordability is a key factor in determining if it’s time to settle down [...]