Although a national debt default is unlikely, new scenario projections from Zillow reveal home sales would decrease sharply. While home values would not lose much ground, a surge in mortgage rates would do further damage to nationwide housing affordability.
Most Recent Articles
House Subcommittee Backs Expansion of the HOME Program
The U.S. House Subcommittee on Housing and Insurance recently held a hearing dissecting the government’s largest block grant program, dedicated to creating affordable housing for low-income...
U.S. New Home Listings Hit Two‑Year Low
According to a new Redfin study, new home listings for sale in the U.S. dropped in June to the lowest seasonally adjusted level since October 2023, as "prospective sellers are feeling discouraged...
Critics Warn HUD ‘Time Limit’ Could Threaten U.S. Housing Assistance
A recent proposal from the Trump administration could jeopardize government-subsidized housing for over a million low-income U.S. households, according to recent research from New York...
Bicameral Support Grows for GSE Risk‑Transfer Initiatives
Sen. Mike Rounds and Rep. Mike Flood have sent a letter to Federal Housing Finance Agency Director William Pulte encouraging support of credit risk transfer polices that leverage private capital...
New Bill Empowers Homeowners to Appeal Bias in Home Appraisals
Under the Appraisal Modernization Act, homebuyers would be equipped with more data and tools to help address potential biases within the appraisal process. The post New Bill Empowers Homeowners to...
Senators Introduce CFPB Accountability Measure
Sens. Katie Britt and John Boozman introduced the PROTECTED Act, legislation drafted to protect small financial institutions and Main Street businesses from “regulatory overreach” and excessive...
Foreclosure Filings Spike in First Half of 2025
Despite remaining below pre‑pandemic highs, incremental rises in starts, filings and REOs suggest homeowners are feeling increasing economic stress. Here’s what the latest ATTOM data reveals. The...
Millennials Buck Rate Trends, Show Rising Interest in Homebuying
A new survey finds millennials are more likely to buy a home in the next six months, even as most Americans remain on the sidelines thanks to mortgage rates hovering near 7% and the persistent...
Lawmakers Introduce Homeowner Safeguard Bill for Natural Disasters
Sen. Adam Schiff has introduced the Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act, bipartisan legislation aimed at stabilizing the home insurance market by...
Fed Governor Calls for Rate Cuts
Christopher Waller, a member of the Board of Governors of the Federal Reserve System, recently discussed why he feels the Fed should “reduce its policy rate by 25 basis points” at the next Federal...
One Bill, Big Impacts: What the OBBBA Means for Borrowers
Skeptics of the One Big Beautiful Bill Act (OBBBA), which President Trump signed into law on the nation’s 249th birthday, warn it may eliminate key repayment options, shift tax benefits, and...
Home Insurance Crisis Intensifies
Nonrenewal rates and rising premiums are just some of the factors driving instability in the home insurance market, as climate-related events continue to push premiums upward and out of reach for...
FHFA Director Alleges Mortgage Fraud by California Senator
William J. Pulte, Director of the FHFA, has sent a memo to the Department of Justice stating that Sen. Adam Schiff “falsified bank documents and property records to acquire more favorable loan...
Homeownership Catching Up: Renter‑Buyer Gap Narrows
New data reveals renting saves on average of $900 per month, but that margin is slipping as the rent advantage is shrinking in 37 of the 50 largest U.S. metros. The post Homeownership Catching Up:...
The Exchange: Donna Schmidt, DLS Servicing
Donna Schmidt is President and CEO of DLS Servicing. A seasoned professional with four decades of leadership experience in the mortgage industry, she is a sought-after authority on loss mitigation...
New Home Purchases Surge YoY
“Applications to purchase new homes fell in June, consistent with typical seasonal patterns, but remained ahead of last year’s pace,” said Joel Kan, MBA’s VP and Deputy Chief Economist. The post...
Q2 Snapshot: Big-City Residents Evacuating Nationwide
"Affordability remains a primary driver of home searches, but evolving workplace policies, job opportunities and shifting local conditions also play a role," said Danielle Hale, Chief Economist at...
U.S. Economists Signal ‘Red Flare’: What Does This Mean?
A top economist has warned that the U.S. housing sector, which is struggling with problems in both building and sales, might soon have an impact on the country’s economy as a whole. “I sent off a...
Domestication and Collection of Foreign Judgments in Connecticut
Attorney Lucas Rocklin discusses how creditors enforce judgments against a debtor with assets or business operations across state lines. The post Domestication and Collection of Foreign...
Senate Passes Bill to Assist Distressed Veteran Homeowners
H.R. 1815, the VA Home Loan Program Reform Act, establishes a permanent partial claims program, allowing vets who have fallen behind on their mortgages to receive federal assistance. The post...