In the @CFPB's Fall 2022 report, some mortgage servicers were cited for violations of federal law by charging sizable phone payment fees and for charging consumers fees while they were in CARES Act forbearances.
Distressed sales, including foreclosures and short sales, comprised just 1% of home sales in October 2002 a...
Rep. Maxine Waters, Chair of the Financial Services Committee, said HUD's draft solicitation could have a “...
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A new study from @Attomdata examines the nation’s top regions in the third quarter of 2022 vulnerable to market declines, based on home affordability and foreclosures.
Keeping in line with the steep increase of housing prices nationwide, the FHA has set forth its Single Family Title II forward and Home Equity Conversion Mortgage loan limits for the upcoming calendar
A new @HUDgov proposed rule aims to increase homeownership opportunities for Native American families by providing a federal guarantee on qualifying loans in the event of default.
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After experiencing a near 5% monthly drop off in pending October sales, @nardotrealtor reported the near-20-year high in mortgage rates and expensive home prices forced many prospective buyers to the
The GSEs have increased conforming loan limit values for mortgages in 2023 to $726,200, an increase of $79,000 over 2022’s loan limits.
Since the start of the GSE’s conservatorship nearly 14 years ago, approximately 40% of their foreclosure prevention actions have resulted in permanent loan modifications.
A new article from @washingtonpost examines the government’s Homeowner Assistance Fund (HAF) and the speed in which these resources are reaching those in need.
In executing its 11th Credit Insurance Risk Transfer transaction of 2022 for $343 million, @FannieMae continues its effort to reduce taxpayer risk by increasing the role of private capital in the mort
@Redfin reports investor home purchases dropped 30% in Q3 of 2022, the largest decline reported since the Great Recession aside from Q2 of 2020, at the outset of the pandemic.
DS News speaks to property preservation experts about how they’re navigating economic challenges, a shifting industry landscape, and an exodus of vendor partners as they attempt to maintain strong boo
A new report from @realtordotcom found that cumulative price growth of low-risk homes consistently outperformed the rate of high-risk homes, suggesting that flood risks are increasingly reflected in h
Daren Blomquist of https://t.co/zqm8kzBJRX discusses how to prepare for these three distressed disposition trends, as the housing market downshifts and we enter 2023.
The impact of Hurricane Ian in the Southeast U.S. forced the share of mortgage loans in forbearance slightly upward in October, as the @MBAMortgage reported an approximately 350,000 U.S. homeowners ar
Janina "Gigi" Woods of Planet Management Group discusses the factors investors must consider in this rapidly changing economic environment.
HUD Secretary Marcia L. Fudge and Deputy Secretary Adrianne Todman addressed the 27th U.N. Climate Conference to discuss the Department’s climate action plan through improving efficient and resilient
It’s not often that a modern-day court relies on case law from 1896, but a recent case did exactly that, examining long-standing friction between Illinois probate and foreclosure law.
Distressed sales, including foreclosures and short sales, comprised just 1% of home sales in October 2002 according to new data from @nardotrealtor, down from 2% in September.
Rep. Maxine Waters, Chair of the Financial Services Committee, said HUD's draft solicitation could have a “negative impact” on the nation’s supply of affordable housing options.
A new analysis from LexisNexus examines the increase in costs for originators, servicers and settlement firms related to mortgage-related fraud costs.