...added a comment of caution regarding getting too optimistic yet: “But with coronavirus cases back on the rise in many states, only time will tell whether that confidence is sustainable.”...
Read More »Search Results for: coronavirus
Coronavirus Impacts Minority Homeowners
Coronavirus is set to widen the minority wealth gap, Washington Post reports. According to a report titled “How Economic Crises and Sudden Disasters Increase Racial Disparities in Homeownership," from the...
Read More »Home Flipping Represents Growing Share of Home Sales
...keeping up with price increases in the broader market,” said Todd Teta, Chief Product Officer at ATTOM Data Solutions. “Enter now the Coronavirus pandemic and the prospects for home flipping...
Read More »The Federal Reserve to Increase Holdings of MBS
...immediate effect of the coronavirus. First American Financial's Deputy Chief Economist Odeta Kushi said the Fed is following through on their commitment to "do anything it takes for as long...
Read More »Automating the Hardship Process Brought on by the Coronavirus
This feature originally appeared in the June issue of MReport. Carissa Robb serves as President and COO of Constant. She most recently served as SVP and Head of U.S....
Read More »Mortgage Cadence Offers Free Software
...employees working remotely due to COVID-19, making it critical for lenders to have a secure method of collaborating over distance. “The coronavirus is changing the way financial institutions operate and...
Read More »FHA Reverses Current Policy on Mortgages in Forbearance
...market since the coronavirus pandemic began,” said Dr. Benjamin Carson, Secretary of the U.S. Department of Housing and Urban Development (HUD). “Today’s announcement will give borrowers, lenders, and the market...
Read More »A ‘Clearer Picture’ of Housing
...unemployment claims and slowing home-price trends include some markets in Nevada, Florida, and Illinois. While data released over the coming months will provide a clearer picture of coronavirus’s impact on...
Read More »Pending Home Sales, Contract Signings Fall
...activity in signing contracts for home purchases. While coronavirus mitigation efforts have disrupted contract signings, the real estate industry is ‘hot’ at affordable price points with the wide prevalence of...
Read More »Nearly Half of Offers Faced Competition in April
...the current coronavirus pandemic has only served to fan the flames, heating up the demand. The report further divulges that this 41% statistic shows the national average for the Redfin...
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