A new study found residents of one western state are burdened with the most personal debt in America, averaging more than $420k per household. Here’s how the rest of the data breaks down.
Read More »Growing Homeownership Through Neighborhood Stabilization
The Five Star Institute, in partnership with Xome, recently hosted a webinar focusing on strategies and initiatives to help boost access to affordable housing nationwide.
Read More »Q2 Mortgage Trends Report Finds Declining Critical Defect Rate
For the third consecutive quarter, mortgage critical defect rates declined, as ACES Quality Management notes lenders should focus on the deteriorating quality in the core underwriting categories in the coming months.
Read More »Sen. Warren Targets Affordable Housing Issues
In a recent speech before the New England Council, Sen. Elizabeth Warren calls for big national investment to lower housing costs nationwide, while fortifying protections for both renters and families.
Read More »Overdraft Fees Still a Surprise to Many
Even in light of changing legislation and promises from banks to be more transparent on how and when overdraft fees occur, the CFPB has found that many Americans are still surprised by them.
Read More »Property Managers Urged to Adopt Digital Payment Solutions
A new poll has found that renters prefer their property managers utilize electronic methods of payment, as nearly 80% of renters polled preferred digital payment options when receiving a security deposit refund from a landlord or property management company.
Read More »Report: Home Insurance Concerns on the Rise
A new analysis from Matic has found that continued challenges may lie ahead in the home insurance landscape in 2024, as record premiums and increased deductibles continue to impact mortgage lenders.
Read More »CFPB and Justice Department Charge Developer and Lender Over Predatory Practices
A lawsuit filed by the CFPB and Justice Department alleges that Texas-based developer and lender Colony Ridge targeted and exploited Hispanic borrowers with false statements and predatory loans.
Read More »Seriously Delinquent GSE Loans Drop in Q3
According to the FHFA’s Foreclosure Prevention and Refinance Report for the third quarter, the GSEs’ serious delinquency rate declined at the end of the quarter, with Fannie Mae and Freddie Mac completing more than 43,000 foreclosure prevention actions during Q3.
Read More »Where Does Real-World Climate Action Begin?
“Storms, floods, fires, and heat waves are getting stronger and more frequent. They are making the human cost of our warming world all too real, especially for America's homeowners and renters,” said Tim Judge, SVP and Head of Modeling and Climate Change Officer for Fannie Mae.
Read More »