Mortgage application payments increased slightly in August to $2,170, according to MBA's Purchase Applications Payment Index, while overall homebuyer affordability declined, as homebuyers’ budgets continue to be impacted by high home prices and mortgage rates above 7%.
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How Bankruptcy Trustee Auctions Are Helping Servicers Prevent Foreclosures
As the landscape of real estate and finance continues to shift, an increase in bankruptcy filings may present significant challenges ahead for mortgage servicers. The post How Bankruptcy Trustee...
Auction Demand Weakens in Q3 as Retail Market Softens
While foreclosure auction supply has slipped to the lowest level in three years in Q3, new research from Auction.com indicates that the retail housing market will likely continue to moderate into...
Gen Z Households Remain Rent-Burdened, but Housing Vouchers Offer Relief
More than half of Gen Z renters are rent-burdened in some of the largest U.S. metros, according to new Zillow data, which revealed the income criteria Americans need to qualify for Housing Choice...
PhoenixTeam Launches New AI Platform
Through the new Phoenix Burst AI platform, users can reduce time-consuming and repetitive manual tasks to accelerate the product management lifecycle. The post PhoenixTeam Launches New AI Platform...
September Existing-Home Sales Fall to 14-Year Low
A hike in both mortgage rates and a 15th consecutive month of year-over-year price increases factored into September's slip in existing-home sales, as NAR examines a number of forces behind the...
Where the Presidential Candidates Stand on Housing Issues
With housing affordability a major issue nationwide, LendingTree looks at the paths to address the crisis set forth by Kamala Harris and Donald Trump as they enter the final stretch toward...
Mortgage Lenders Reveal the Value of Streamlining Closing Cost Descriptions
Closing costs have increased significantly in recent years, making it even more difficult for many first-time and lower-income buyers to purchase a home. In the most recent Mortgage Lender...
Renters Seek Ways to Overcome Homeownership Hurdles
LendingTree recently polled U.S. renters to gauge their aspirations to dive into the homeownership market, uncovering several barriers they believed would prevent them from ever being able to own...
FHFA Proposes Revisions to FHLBank Governance
New rules by the FHFA will update and clarify regulatory requirements on a variety of corporate governance topics to strengthen the FHLBank System’s capacity to respond to emerging risks in...
Commercial, Multifamily Mortgage Delinquency Rates Jump in Q3
While a large market for commercial mortgages remains, delinquency rates for commercial properties ticked up in the third quarter, as Jamie Woodwell, MBA's Head of Commercial Real Estate Research,...
Operational Excellence and Innovation Lynsey Biernacki on Sylvan Road’s Success
Operational Excellence and Innovation In this insightful episode of the MP Access Show, Robert Wilson, VP of Experience at Five Star, welcomes Lynsey Biernacki, Senior Vice President of Operations...
Where Are Properties Most Susceptible to Winter Weather Damage?
With winter weather causing millions in property damage each year, ValuePenguin examines the states that have experienced significant property damage to date throughout the 2024 season. The post...
Congressional Coalition Urges Biden to Lower Housing Costs
A group of Senators and Representatives have sent a letter to President Biden asking him to utilize executive agencies’ existing statutory authority to further lower housing costs nationwide. The...
Available Down Payment Programs Rise in Q3
“We are pleased to see a growing number of these programs, and think they are becoming a targeted way to help first-time and first-generation homebuyers struggling to save for a down payment get...
Are Student Loans Hindering Homeownership?
First American takes a deeper look at the link between higher education and attaining the American dream of homeownership and overcoming the obstacles involved. The post Are Student Loans...
Are Student Loans Hindering Homeownership?
First American takes a deeper look at the link between higher education and attaining the American dream of home ownership and overcoming the obstacles involved. The post Are Student Loans...
Avoiding Common Pitfalls in Claims Management
The Five Star Institute, in partnership with Consolidated Analytics, will host a webinar examining the current challenges in mortgage claims and offer key strategies to avoid common mistakes while...
Which U.S. States Could Shift More Red or Blue in the Election?
According to a new Realtor.com survey, a combination of shifting opinions on key topics like home prices and housing affordability for both homeowners and renters, as well as migration trends from...
FHLBanks Assist 65,000 Households Through Key Programs
Findings from a new report from the FHFA highlight the significant growth in resources allocated by the Federal Home Loan Banks for programs aiding lower-income communities. The post FHLBanks...
Single-Family Rent Growth Slows Year-Over-Year
While U.S. annual single-family rent growth slowed in August, levels remain up from since the beginning of the pandemic, according to CoreLogic, with pricey coastal metros leading the country with...