...1.6% in May relative to one month ago. Both refinance and purchase loan fraud risk increased as the coronavirus pandemic continued to impact the mortgage market,” said First American Deputy...
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The Ripple Effects of the Coronavirus
...Hall added that since the coronavirus, there are signs enforcing the 6-foot physical separation between bidders, auctioneers and bidders are wearing facial masks, there is contact-less checkout, and there are...
Read More »The Week Ahead: Can Pending Home Sales Turn Around?
...under stay-at-home orders in April, it is no surprise to see the markedly reduced activity in signing contracts for home purchases. While coronavirus mitigation efforts have disrupted contract signings, the...
Read More »Summer Home Sales Heating Up
...Officer with ATTOM Data Solutions. That said, with many potential buyers hunkering down due to Coronavirus social distancing or job insecurity, Teta cautioned this year could be an exception. Yet...
Read More »Majority of Sellers Open to Lower Offers
...tight—having fallen by 50%—at the genesis of the coronavirus crisis. Also, to the seller's favor, buyers seem to have not shied away from the market as much as sellers seem...
Read More »COVID-19’s Impact on Housing Migration
According to a recent by Apartmentlist.com, experts believe that the recent arrival of the coronavirus might push not only a race for a vaccine but could also spur a rebirth...
Read More »Home Prices Resilient Amid Pandemic
...that led to a global recession, is expected to remain a bright spot amid a sharp downturn as the coronavirus pandemic continues to wreak economic havoc,” Reuters reported. Reuters conducted...
Read More »Rebound in Housing Market Post-COVID Reveals Wealth Divide
...that this recession that has come as a direct result of the coronavirus will be a swift sting for the wealthy and well-employed niche—and a long, arduous trudge through the...
Read More »Potential Home Sales Rise to 4.92M
...weekly purchase loan applications, continued to surge through May and into June. In fact, weekly purchase loan applications have now exceeded pre-pandemic levels.” Fleming added: “While the coronavirus pandemic continued...
Read More »COVID-19 Scams Total More than $35M
...modification, but buried in the pile is a document that surrenders title. Either way, homeowners could lose their home. The Coronavirus Aid, Relief, and Economic Security (CARES) Act and subsequent...
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