“Buyers today are way more demanding and selective. They’re willing to wait to find the perfect house, which wasn’t the case during the pandemic homebuying boom,” said Elena Fleck, a Redfin real estate agent in Palm Beach, Florida.
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Servicers Increasingly Adopting eVault Technology
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...
HUD Unveils ‘Express Lane’ to Speed Financing for Residential Care Facilities
“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...
Report Warns FEMA Cuts Could Endanger Disaster Readiness
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...
Legislation Aims to Ban Hidden Fees, Boost Transparency for Tenants
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,...
Real Estate Investors Outpacing Homebuyers
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...
National Housing Deficit Ticks Upward
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,"...
More Than a Mortgage: Building Borrower Loyalty
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:...
Young Hispanic Families Facing Steeper Barriers to Homeownership
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Senate Confirms Jonathan Gould as Comptroller of the Currency
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...
Director Vought Calls Out Powell for ‘Mismanagement’ of the Fed
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SWBC Foundation Donates $100,000 to Kerr County Flood Relief Fund
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HUD Launches ‘Express Lane’ to Accelerate Care Facility Financing
"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...
HUD and OMB Begin Rollback of PAVE Task Force
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...
Bipartisan Bill Targets Record-High Homelessness With Affordable Housing Investments
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Renters Gain Bargaining Power as Asking Rents Drop YoY
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Report: Household Financial Expectations Improving
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Trump’s Continued War of Words With Fed Chair Powell
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HUD Announces Foreclosure Relief for Impacted Texans
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CFPB Updates Data on Credit Invisibles
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Fannie/Freddie Approved to Use VantageScore 4.0
In a move to boost U.S. homeownership, Fannie Mae and Freddie Mac have been approved to take rental history into account through VantageScore 4.0. The post Fannie/Freddie Approved to Use...