Approximately $113 million will be invested to help HUD-assisted families increase earned income and improve financial stability, as the Bridging the Wealth Gap agenda will expand HUD’s work to help renters achieve financial well-being and homeownership.
Read More »Homeowner Equity Surges in Q2
ATTOM has released its Q2 2022 U.S. Home Equity & Underwater Report, which shows that 48.1% of mortgaged residential properties in the U.S. were considered equity-rich in Q2, ...
Read More »Veros Acquires Appraisal Company Valligent
Today, Veros Software, the parent company of Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced the acquisition of Valligent, a ...
Read More »Contract Volume, New Listing Volume Experiences Largest Off-Seasonal Decrease
HouseCanary, Inc. has released its latest Market Pulse report, covering 22 listing-derived metrics and comparing data between July 2021 and July 2022. The Market Pulse is an ongoing ...
Read More »Committee on Financial Services Addresses Urgent Housing Needs
Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed eight bills to strengthen oversight of our nation’s affordable housing and address the housing and homeless ...
Read More »Retirement-Aged Homeowners Least Likely to Utilize Equity
Finance of America Reverse LLC (FAR) announced the publication of its first-ever Home Equity Punch List. FAR commissioned The Harris Poll to survey 2,000 U.S. homeowners 18 and ...
Read More »Q2 Experiences Steep Home Price Hikes
ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record ...
Read More »Pending Home Sales Decline Nearly 9% From May
As escalating mortgage rates and housing prices impacted potential buyers, pending sales retreated in all four major regions, with the West experiencing the largest monthly decline.
Read More »Fannie Mae Index Examines Refi App Activity
Fannie Mae’s new index provides two measures: volume of unpaid principal balance in dollars and a loan count. The RALI sources data from Fannie Mae’s Desktop Underwriter to show both the past week’s refinance application trends and prepayment projections.
Read More »The Black-White Affordability Gap for Renters Widened in 2020
New experimental data from the American Community Survey revealed that cost burdens rose the fastest among families headed by a Black person, as Black renter household rates increased an overall 3.5 percentage points, reaching 51% in 2020.
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