Bipartisan legislation geared toward raising the housing credit, the Affordable Housing Credit Improvement Act (AHCIA) of 2021, has been introduced with co-sponsors in both chambers of Congress. The ...
Read More »Home Sale Prices Jump to New Highs
Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high ...
Read More »Telework Fuels the Need for Increased Housing Inventory
A steady rise in the economy will bring more buyers to the market, as sellers are cashing in on buyers seeking larger spaces to accommodate their work from home situations in the new norm.
Read More »Sprout Mortgage Taps Santos as New EVP/CIO
Henry Santos brings a strong background in the enterprise technology ecosystem to his new role with the non-QM lender.
Read More »Independent Mortgage Banks Bask in Housing Boom
All-time low rates drove the housing market to new highs in 2020, as independent mortgage banks saw record profits of $4,200-plus per loan.
Read More »Homes Listed Mid-Week Netting Greater Profit
A new study shows that homes listed in the middle of the week are earning sellers bigger returns than homes listed on the weekend.
Read More »Jason Will Joins Embrace Home Loans
Embrace Home Loans has named Jason Will to the newly-created role of SVP of Market Growth, where he will be responsible for helping to increase the company's market ...
Read More »LaRaia Tapped to Lead Sprout’s Regulatory Compliance Efforts
With two decades-plus of experience, Sprout Mortgage has added Laura C. LaRaia as new head of legal and regulatory compliance functions, as well as new General Counsel.
Read More »Cash-Strapped Renters Hit Hard by Pandemic
A new report examines the nation’s renters and how the COVID-19 pandemic has forced this market to deplete their savings to pay their rent, and what policymakers can do to ease issues down the line.
Read More »Curing Defaults Through Streamlined Refis
With foreclosure moratoria set to expire, the industry is prepping for a wave of defaults, one that could be controlled by bringing back a HARP-type program.
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