According to Urban Institute authors Michael Neal and Daniel Pang, the current environment of rising interest rates has important implications for the wealth gap between white and Black or Hispanic households. While the “standard narrative” is that higher interest rates, especially when combined with higher home prices and stagnant, if not lower incomes reduces affordability ...
The post Higher Interest Rates Spell Disaster for Racial Housing Gaps appeared first on theMReport.com.
A softening employment market and rise in mortgage delinquency rates are driving mortgage credit availability downward in June after six months of growth. The post Lenders Clamp Down on Credit...
A new paper jointly published by the Federal Reserve Banks of New York and San Francisco explores the possibility of the Fed once again setting its short-term interest rate target at near-zero...
The National Association of Realtors 2025 International Transactions in U.S. Residential Real Estate report shows that between April 2024 and March 2025, foreign purchasers bought $56 billion...
Bipartisan legislation has been proposed that would utilize proceeds from the sale of Fannie Mae and Freddie Mac for the construction of affordable housing for middle-class Americans. The post...
MortgagePoint presents its 2025 Mortgage Servicing Excellence Awards, an opportunity to recognize the achievements of mortgage servicers nationwide. The post Honoring Servicers Making an Impact...
According to a recent Redfin survey, nearly one-quarter (23.8%) of young Americans who recently purchased a home used family funds to assist with their down payment. In this article, “family...
As mortgage servicers continue accelerating eNote adoption, those who delay risk falling behind operationally and competitively as their portfolios evolve. The post Servicers Increasingly Adopting...
“We’re eliminating needless delays that stand in the way of access to critical financing, which helps vulnerable Americans access vital services," said HUD Secretary Scott Turner. "The result is a...
A new report examines the issues that property owners nationwide in high flood risk areas may encounter should the Federal Emergency Management Agency (FEMA) and the National Flood Insurance...
The End Junk Fees for Renters Act looks to eliminate excessive and dishonest junk fees that renters encounter when looking for and securing housing. The post Legislation Aims to Ban Hidden Fees,...
According to a recent report, as rising prices and record high financing costs are keeping many potential homebuyers out of the market, a greater share of real estate investors are acquiring...
As the U.S. housing shortage grows to an all-time high, furthering the housing deficit, "the unfortunate fact is that we still don't have enough housing in this country for people who need it,"...
David Leskovar of Bindable discusses ways in which lenders can enhance the borrower experience, by unlocking new revenue streams, and increasing customer loyalty. The post More Than a Mortgage:...
Lower incomes, limited wealth, credit challenges, and rising housing costs are locking many younger Hispanic households out of homeownership. The post Young Hispanic Families Facing Steeper...
As new Comptroller of the OCC, Jonathan Gould will serve as the administrator of the federal banking system and CEO of the agency. The post Senate Confirms Jonathan Gould as Comptroller of the...
In the latest public criticism of Jerome Powell by the Trump administration, Office of Management and Budget Director Russell Vought wrote a letter to the Fed Chair, attacking his management of...
The SWBC Foundation has announced a $100,000 donation to the Kerr County Flood Relief Fund, managed by the Community Foundation of the Texas Hill Country. This contribution will help provide vital...
"This new process will cut the time between application submission and issuance of a Firm Commitment by 90% for qualified Residential Care Facilities," HUD said in an X post. The post HUD Launches...
Federal agencies begin to streamline the home appraisal process by disbanding Biden-era task force policies in an effort to improve efficiency, reduce regulatory burden, and expand access to...
Sens. Mike Rounds, Tina Smith, Mike Crapo, and Jack Reed have introduced the Reducing Homelessness Through Program Reform Act, a measure drafted to cut red tape and formulate solutions to address...
