The Senate Committee on Banking, Housing, and Urban Affairs voted 17-7 in favor of Marcia Fudge's nomination as Secretary of Housing and Urban Development (HUD). The committee held Fudge's confirmation ...
Read More »Most First-Home Shoppers Misunderstand Their Budgets
Several factors can contribute to affordability for Gen Y’s aspiring homeowner, but shoppers must first fully understand their financial situations, economists say.
Read More »DS5: Lenders Entering the IPO Market
This week’s DS5: Inside the Industry features an interview with Patricia Cook, CEO for Finance of America, who discusses lenders' interest in accessing public capital and more.
Read More »Home Equity is Increasing Even in Unstable Economy
For many homeowners, the "uncertainty of the economy during the pandemic looms large," but the Q4 decrease in underwater loans is “the good news" in this report.
Read More »January 2021: Highest Reverse Mortgage Volume Since May
January's numbers built on an uptick that started in December; prior to that, HECM activity had declined during the last few months of 2020.
Read More »FHA Aims to Improve Safety for Mortgagers, Borrowers
A series of "waivers of provisions" will allow important mortgage servicing activities to continue "in a manner that allows for safe social distancing," the administration announced.
Read More »Will Home Prices Continue to Surge in 2021?
Property data analysts measure the extent to which factors including low home supply, desire for more space, millennial demand and low mortgage rates "have amplified the rapid acceleration of home prices."
Read More »How the Housing Market Has Changed Since the 1960s
These researchers wanted to "dig deeper into the ways that housing has affected the lives of Americans both historically and in the present," so they used U.S. Census Bureau data to explore how housing has changed for Americans since 1960.
Read More »Monthly Pending Home Sales Dip
Economists attribute the decrease to low inventory and say that with more new listings, sales should rise.
Read More »Analyzing Seasoned QM Loans
The CFPB's "seasoning pathway to safe harbor is not a panacea," researchers noted, “but at the margin, the pathway will expand the credit box."
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