The grants to support innovative housing programs in multiple communities nationwide will help in targeting federal resources to meet and support local needs and community-driven efforts to end youth homelessness, improving the process and outcome through more stable housing and services.
Read More »Dispelling the Myths of DIY Valuations
Todd Rasmussen, President and COO of Equity Valuation Partners, discusses how lenders and financial institutions can sometimes perform their own valuations of home loans on their books.
Read More »Purchase Mortgage Apps Fall 42% YoY
As mortgage rates rose for the 10th straight week, hitting a 21-year high, housing demand continues to tail off, with the MBA reporting overall app volume falling nearly 2% week-over-week.
Read More »Can Technology Help Address Housing Market Pains?
A new blog post by David Luberoff and Chris Herbert, from the Joint Center for Housing Studies at Harvard University, discusses digitalization in a changing real estate market.
Read More »Fannie & Freddie to Use New Credit Scoring Models
The Federal Housing Finance Agency approved the use of FICO 4T and VantageScore 4.0 to score applicants for government-sponsored loans. Click through to find out more about these new scoring models.
Read More »Home Prices Continue to Decelerate Nationwide
The S&P CoreLogic Case-Shiller National Home Price NSA Index for August 2022 reported home price gains continued to slip, as inflation hit a four-decade high, resulting in less money in the pockets of Americans and diminished budgets.
Read More »Freedom Mortgage Promotes Mike Mell to SVP of Wholesale
Twenty-seven-year veteran promoted to new role, managing a national sales team of regional sales managers and account executives nationwide.
Read More »Banner Year for Student Housing
While rent growth begins to decelerate, the latest study from Yardi Matrix found that many universities nationwide are experiencing exceptional growth, as nearly 200 universities with four or more properties analyzed recorded double-digit annual rent growth as of September.
Read More »Mortgage Originations Slow, Home Equity Opportunities Persist
A new study from TransUnion revealed an overall decrease in the number of consumers actively seeking a mortgage, however, some consumer and lender opportunities remain.
Read More »Lower Volume, Staffing Cuts Expected in 2023
The most recent outlook from the Mortgage Bankers Association expects total origination volume to decline nearly 10% next year. Click through to find what else the MBA is forecasting.
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