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Housing Stock and Affordability

Home values

A new working paper published by the FHFA gives insights into how much housing stock is affordable to households with different incomes using the available metrics to gauge this comparison. Here’s what it found.

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Mortgage Balances Decline

According to a recent report, the national total unpaid principal mortgage balances have been on a steady decline. See how mortgages and delinquencies alike have performed recently.

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First American Launches equiRisk

First American Mortgage Solutions have announced the launch of equiRisk for home equity originations. According to First American, this “unique and user-friendly” data information report optimizes First American’s proprietary data assets to help lenders reduce risk, stay compliant, and accelerate closing to improve the borrower experience.

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MCS Adds New Executives

Mortgage Contracting Service have announced the addition of three new executives to the management team. Ashley Taylor and Bethany Ockerman have been promoted to AVP positions and Len Suazo joins MCS as Corporate Controller.

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