Non-bank servicers' share in the mortgage market has been steadily increasing in the last few years, and it is expected to get even larger in 2017. The driver behind the growth is expected to be different than previous years, however.
Read More »Sizing Up the Housing Sector for 2017
NAR Chief Economist Lawrence Yun and Atlanta Fed President Dennis Lockhart discussed economic conditions they believe will result in a “net positive” for housing next year.
Read More »Carson Confirms HUD Offer is ‘On the Table’
Former Republican presidential candidate Ben Carson confirmed that he has been offered the job of HUD Secretary by President-elect Donald Trump.
Read More »Existing-Home Sales Flourishing Despite Headwinds
Inventory is tight and prices are outpacing incomes, but that did not stop existing-home sales from reaching a post-recession high.
Read More »Personal Data for Thousands Revealed on HUD’s Site
A data breach on HUD’s website resulted in the personal information of as many as 600,000 individuals temporarily being displayed publicly. How did HUD respond?
Read More »SFR Investors Searching Beyond Their Own States
An increasingly larger share of single-family investment homes in the United States are owned by out-of-state investors, according to a recent analysis.
Read More »Uncertainty Does Not Dampen Fannie Mae’s 2017 Outlook
The uncertainty ahead for the political and regulatory landscape has not hurt Fannie Mae’s predictions for the economy and for housing both for the second half of 2016 and for 2017.
Read More »Credit Plus Expands Reps and Warranties Coverage for Lenders
Credit Plus, Inc. announced it will offer Reps and Warranties coverage for its entire line of verification services, allowing lenders to protect their companies against loan defaults and repurchasing requests.
Read More »The Week Ahead: Will First-Time Buyers Step Up Again?
A push from first-time buyers reversed a two-month decline in existing-home sales in the previous report from the National Association of Realtors. Will first-time buyers drive existing-home sales again? The industry will find out this week when NAR releases the latest existing-home sales data.
Read More »CFPB Asks Appeals Court to Rehear PHH Case
The Consumer Financial Protection Bureau has filed an en banc petition with the U.S. Court of Appeals for the District of Columbia over the court’s ruling last month that the Bureau’s structure is “unconstitutional” in the PHH Corp. lawsuit.
Read More »