Rising Demand, Shrinking Inventory Fuel Median Price Growth
There are few more concrete examples of supply-and-demand economics in action than the housing market. A new report looking at April numbers shows a spike in demand and a corresponding [...]
Southern Cities on the Rise
The latest Census data has Southern cities reigning supreme in terms of population growth. Ten of the top 15 fastest growing cities in the country are located in the South, [...]
FHFA: Solving Complications in Mortgage English Proficiency
The Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) Thursday for problems qualified Limited English Proficiency (LEP) borrowers face during the mortgage lifecycle. Per FHFA’s 2017 Scorecard [...]
CBCInnovis Partners with LexisNexis
In July, liens and judgments data will no longer be included in traditional credit scores. In order to fill that gap, CBCInnovis will be offering the LexisNexis RiskView Liens and [...]
The Fight Against Blight in Maryland
Thursday, a fast-track foreclosure law expediting the foreclosure process was signed by Maryland Governor Larry Hogan. With the intent to reduce community blight, this bill was signed in the footsteps [...]
FHFA Releases Q1 Price Index
The FHFA’s Q1 House Price Index Report was released Wednesday showing house prices up for the 23rd time in a row. Additionally, they were also up for the 21st time [...]
First-time Buyers Account for 60 Percent of Purchases
According to a new report, first-time homebuyers now make up 60 percent of all home purchases. On GSE loans, first-time buyers comprise 47 percent of loans, while on FHA loans, [...]
FDIC Bank Revenues Rise 12 Percent
According to a new report, FDIC-insured banks saw a jump in income over the first quarter. The institutions reports a 12.7 percent rise in revenues over the year. Total loan [...]
Buying Remains the Cheaper Option, but for How Long?
Buying might still be cheaper than renting in major U.S. metros, but rising prices and stalling rents could soon flip that dynamic. A new report by Trulia shows how the [...]