REO

Five Star’s annual Single-Family Rental & Investment Roundtable on Tuesday united investors, service providers, and experts to discuss how volatile factors such as inflation, escalating interest rates, and affordability concerns impact the ongoing growth and investment opportunities within the single-family rental market.

Kim Yowell of Fairway Independent Mortgage was honored at the Keys for Life Gala in Dallas during the Five Star Conference for her contributions to the mortgage marketplace.

The financial services company promises to assist Floridians who have lost their homes in the disaster and aid in the rebuilding of homes and communities.

Newest Board member of Fay Financial brings 30 years of experience in residential mortgage, community banking, affordable housing, and diversity and inclusion initiatives to his new role.

An upcoming webinar presented by the Five Star Institute and Brookstone Management will examine the responsibilities of home preservation experts in combating blight, returning foreclosed properties to the market, and protecting property values.

According to a new study, “house poor” homeowners in the Sunshine State and Golden State face the largest housing expenses, including monthly mortgage payments, property taxes, homeowners’ insurance, and utilities.

According to ATTOM's 2023 U.S. Home Equity & Underwater Report, the share of mortgaged homes that were equity-rich in Q2 2023 increased from 47% in Q1, reaching the highest point in four years.

Following three quarters of decline, ATTOM reports that home investment returns rose in Q2, led by a springtime surge in buyer demand, pushing seller profits back up to nearly their highest level recorded in the past decade.

According to First American’s Potential Home Sales Model, the nationwide sales pace will begin to settle into a new normal, as potential existing-home sales decreased in June, suggesting they may have hit bottom.

MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.