“Strong investments in Tribal communities help ensure residents can access much-needed safe and affordable housing,” said Secretary Marcia L. Fudge. “The funds HUD is making available will meet the challenges of today and allow Tribal communities to make innovative and vital advancements needed to prepare for the future."
Read More »Homebuyers Exploring Different Options to Achieve American Dream
Homebuyers are adjusting their purchasing strategies in wake of current market conditions, according to a new survey from RE/MAX, that showed condos, fixer-uppers, and tiny homes are becoming popular trends among American homebuyers.
Read More »Pending Sales Push Past 8% in December
On a regional basis compared to one year ago, pending home sales decreased in the Northeast but improved in the Midwest, South, and West.
Read More »The Week Ahead: Empowering the REO Space
An upcoming FORCE-sponsored webinar will preview this March’s Velocity Conference, an event assembling the industry’s top REO professionals, agents and brokers, asset managers, property managers, attorneys, and servicers under one roof.
Read More »Rent Prices Decline for Eighth Consecutive Month
Great news for renters: rent prices are trending downwards to an average of $1,900 for a typical two-bedroom apartment.
Read More »Overall Performance of Servicing Portfolios Declined in December
Latest estimates from the MBA find that 115,000 homeowners are now in forbearance plans nationwide, as mortgage servicers have provided relief to approximately 8.1 million borrowers since March 2020.
Read More »Frozen Out: House-Hunters Stay Home in Face of Harsh Weather
According to Redfin's latest Housing Market Update, inclement weather that froze parts of the U.S. slowed overall homebuying activity recently. Conversely, agents in warmer regions report that buyers and sellers remain active, despite mortgage rates remaining in the high-6% range.
Read More »CFPB Further Cracks Down on ‘Junk Fees’
After proposing a new rule last week to close a junk fee loophole, the Consumer Financial Protection Bureau has proposed a new rule to stop junk fees at the time of payment.
Read More »December Housing Trends: Positive Signs for 2024?
According to the RE/MAX National Housing Report, home sales dropped year-over-year in December, but experts project that with mortgage rates continuing their downward trend, homebuyers that have been priced out or pushed to the sidelines may begin to creep back into the market.
Read More »Snapshot: Mortgage Delinquencies Rise, Foreclosures Fall
Delinquencies were up moderately across the board, as inflows and rolls to later stages of delinquency rose, while cures from both early- and late-stage delinquency improved.
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