According to a new ATTOM report, homebuyers who close on this January date are offered the lowest premium above the automated valuation model. While still above market value, the average homebuyer is only paying a 3.8% premium, compared to the 14.4% premium recorded in May.
Most Recent Articles
How Lenders Can Future-Proof Against Market Whiplash
John Cady of Citywide Home Mortgage explains how proactive infrastructure and staffing strategies can help avoid costly bottlenecks during the next demand surge. The post How Lenders Can...
U.S. Home Prices Decline for First Time Since 2022
With housing demand down and supply remaining elevated, new Redfin data showed April recorded the first month-over-month drop in U.S. home prices since September 2022. The post U.S. Home Prices...
Could a Recession Trigger a Housing Market Revival?
According to a Realtor.com survey, a mild economic downturn could ease conditions for motivated buyers facing affordability challenges. The post Could a Recession Trigger a Housing Market Revival?...
House Passes Bill to Enhance VA Loan Foreclosure Prevention Measures
The new bill authorizes partial claims to prevent foreclosures, addressing the gap left by the terminated VASP program and potentially aiding over 90,000 delinquent VA loans. The post House Passes...
Q1 2025 Experiences Surge in Commercial Lending Activity
MBA data reports strong year-over-year growth in multifamily and commercial mortgage originations, reflecting renewed investor confidence. The post Q1 2025 Experiences Surge in Commercial Lending...
CFPB Staffers Warn of Consequences as Trump Eyes Bureau Overhaul
Whistleblowers from the Consumer Financial Protection Bureau raise alarm as the Trump administration signals plans to gut the agency, potentially stripping key protections for American...
HUD Allocates Over $10M to Support Youth and Family Housing Stability
New funding will assist families staying in their homes and will help provide a path to housing stability for youth as part of National Foster Care Month. The post HUD Allocates Over $10M to...
What’s Driving the 2025 Spring Homebuying Market?
“There’s a general feeling of anxiety in the housing market because no one knows what they’re going to read in the news when they wake up,” said Dan Close, a Redfin Premier Real Estate Agent in...
Climate Risk Emerges as New Mortgage Credit Metric, Study Finds
New data reveals that weather-driven mortgage foreclosures could result in $5.4 billion in lender losses annually over the next decade. The post Climate Risk Emerges as New Mortgage Credit Metric,...
GSE Announces Automated Underwriting Tool to Assist Originators
Freddie Mac has reported that it is automating its underwriting process to further save costs, increase efficiency, and enhance the origination process for lenders and borrowers. The post GSE...
Q1 IMBs Showcase Production Losses
According to the recently released Quarterly Mortgage Bankers Performance Report by the Mortgage Bankers Association (MBA), independent mortgage banks (IMBs) and mortgage subsidiaries of chartered...
Navigating Insurance Claims Through the Eyes of a Lender
Attorney T. Robert Finlay discusses the importance for lenders to understand their rights and obligations regarding insurance proceeds, and how to guide their clients in insurance-related...
Fed to Adopt New Framework to Setting Monetary Policy
At this week's Thomas Laubach Research Conference, Federal Reserve Chair Jerome H. Powell announced the Fed will begin to review its framework for setting the fed funds rate, and adopt new methods...
Measuring the Impact of the NAR Settlement on Agent Commissions
A new report examines the state of buyer’s agent commissions in Q1 of 2025 since new NAR commission rules took effect last August. The post Measuring the Impact of the NAR Settlement on Agent...
Rocktop Acquires Incenter Capital Advisors
Technology firm has acquired Incenter’s advisory services division specializing in the trading and pricing of mortgage servicing rights and post-transactional support in the transference of...
Examining Black Homeownership Rates in Major U.S. Metros
Racial disparities in homeownership persist across the United States, with Black Americans owning a significantly smaller share of homes compared to their population size. A new analysis by...
Affordability Gap Weighs on U.S. Consumers
Find out why Nadia Evangelou, NAR Senior Economist and Director of Real Estate Research, states that “the housing market is at a turning point” with regards to its newly released 2025 Housing...
Rethinking Rental: NRHC’s David Howard on Supply, Innovation, and Policy
With affordability at a premium and supply lagging, David Howard of the National Rental Home Council outlines how industry and policy can work together to expand housing options. The post...
CFPB to Cancel Pandemic-Era Mortgage Servicing Rule
Citing regulatory simplification, the Consumer Financial Protection Bureau is retracting a series of pandemic-related amendments to Regulation X designed to assist mortgage borrowers impacted by...
Foreclosure Activity Continues Its “Gradual Climb”
Rob Barber, CEO at ATTOM, said, “While volumes remain below historical norms, the year-over-year increases may suggest that some homeowners are beginning to feel the effects of persistent economic...