Sun Belt Metros Remain Top Destination For Relocating Homebuyers
Despite the high risk of drought and flooding, Phoenix is the most popular destination for homebuyers looking to move to a different part of the country, followed by Las Vegas [...]
Home Investor Sentiment Remains Positive
As the nationwide housing shortage continues, an analysis of data from New Western has found that 80% of surveyed investors are selling homes at or above asking price after renovating [...]
Seeking Balance in Housing Affordability and Climate Change
A new report focusing on the state of Massachusetts has found that the Commonwealth must take measures to curb its housing affordability crisis, while simultaneously counteracting climate change, to create [...]
FHA Announces Required Use of Supplemental Consumer Information Form
The Supplemental Consumer Information Form is used during the mortgage application process, allowing borrowers to voluntarily identify language preferences and provide information on housing counseling and homeownership education they may [...]
Case-Shiller index Increases Nationally by 1.5% Over March 2023
On a year-over-year basis the Case-Shiller Index, which is regarded as the leading indicator of U.S. home prices, reported a 0.3% annual decrease in April, down from a gain of [...]
Share of Million-Dollar Homes Rising Amid Increasing Home Prices
While relatively uncommon in most of the U.S., the share of million-dollar homes is growing at a moderate pace. A new analysis from LendingTree revealed the top three metros with [...]
CFPB Fines Firm for Illegally Processing $2.3B in Unauthorized Mortgage Payments
The Bureau has issued a consent order against ACI, who will pay a $25 million penalty for practices that negatively impacted nearly 500,000 homeowners with mortgages serviced by Mr. Cooper. [...]
CMG Financial Names Courtney Thompson EVP, Head of Servicing
Former Sagent and Flagstar executive brings nearly 20 years of industry experience to her new servicing role in building long-term trust with CMG’s clients. Source: DS News
The Ripple Effect of New Data Collection Rules
A recent webinar discussed implementation of Section 1071 of the Dodd-Frank Act, a measure requiring financial institutions to collect and report data on small business loans, and how the industry [...]