In the Bureau’s Semi-Annual Report, Director Rohit Chopra detailed the work the CFPB has accomplished, including securing $275 million in total consumer redress and $270 million in civil money penalties.
Read More »Nearly a Quarter of Homebuyers Looking to Migrate Between Metros
Though high mortgage rates and economic inflation are discouraging many Americans from moving, among the people who are still buying homes, one in four are searching outside of their hometown in relatively affordable areas and hotspots like Las Vegas and Florida.
Read More »2022 Recap: Buzzwords That Sell Homes Faster
The word “beautiful” no longer cuts it when describing a property for sale. Click through to find out what terms topped this year’s list of most-effective buzzwords.
Read More »Mortgage Rate Declines May Lead to Home-Sale Recovery in 2023
“Slowing inflation and the hope of the Fed easing rate hikes in the new year are likely to bring mortgage rates down further and thereby improve homebuying demand,” said Redfin Deputy Chief Economist Taylor Marr.
Read More »Homebuyers Find Affordability Relief
Zillow reports that monthly mortgage payments retreated in November, but numbers are still up more than 60% over the past year.
Read More »Navigating Stormy Seas
A panel of experts assembled by MReport provides their expert insights and perspectives into what 2023 may bring to the housing market, and whether a market correction is on the horizon.
Read More »FHA to Assist HECM Borrowers Impacted by Pandemic
A new repayment plan will allow mortgage servicers to offer homeowners impacted by COVID-19 up to five years to repay past-due property charges.
Read More »Mortgage Rates Slide for Fifth Consecutive Week
With the dip in mortgage rates now surpassing a month, a slight uptick in mortgage apps has led to a recent stabilization in purchase demand.
Read More »Title Insurance Market Reflecting Changes in Real Estate
The title insurance industry generated $5.4 billion in title insurance premiums over the last year. Click through to see how those figures compare to those of years past.
Read More »Home-Flipping Rate Drops, Yet Still Post Strong Numbers
Flipping activity was among the highest on record during the third quarter, yet the number of flips decreased. Click through to find out what challenges are slowing flippers down.
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