The SmartBuy program, offered by the Illinois Housing Development Authority to help pay off loans and encourage homeownership, has drawn interest from out-of-state buyers too. Continue reading
Fannie Mae’s Home Price Sentiment Index increased by 5.2 points from February to 81.7 in March. Year over year, the index is up 0.9 points. Continue reading
Mortgage applications dropped 5.1 percent according to the latest Mortgage Applications Survey from the Mortgage Bankers Association. Continue reading
The Mortgage Bankers Association believes that delaying the mandatory compliance date, as proposed by the Consumer Financial Protection Bureau, will not increase access to credit. Continue reading
Total weekly forbearance requests as a percent of servicing portfolio volume decreased from 0.05 percent to 0.04 percent, according to the latest data from the Mortgage Bankers Association. Continue reading
Home prices increased 10.4 percent in February 2021 from the previous year, and increased 1.2 percent from January, according to the latest CoreLogic Home Price Index report. Continue reading
The Consumer Financial Protection Bureau is requesting comments from stakeholders on the proposed rule, but given the urgency of the crisis, the deadline for comments is May 10. Continue reading
CFPB continues watch of servicing industry as consumers exit forbearance Continue reading
The end-to-end lending and services platform will begin trading stock on the New York Stock Exchange beginning Monday. Continue reading
Although the market is currently red-hot, Redfin’s latest report released on Friday revealed that homebuyers may give up as home prices continue to grow. Continue reading