HUD issues relief on foreclosures for Texans after storm
HUD also said that it will extend mortgage insurance to homeowners whose properties have been destroyed.Read More…
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Appraisal Foundation cites COVID, fair housing in USPAP change delay
The organization postponed the issuance of its next set of revisions, which would have gone into effect at the start of 2022.Read More…
Treasury yields expected to rise even higher
Bond bears appear to be having more than just a moment here at the start of 2021, with Treasury yields finally busting out of long-held ranges to leveRead More…
Treasury yields jump, AmeriHome sells to Western Alliance and more of the week’s top news
Also: CoStar boosts CoreLogic offer, Biden extends forebearance and the Fed sounds alarms on commercial real estateRead More…
Fed sounds alarm on commercial real estate, business bankruptcy
he Federal Reserve warned of significant risks of business bankruptcies and steep drops in commercial real estate prices in a report published on FridRead More…
Black History Month: Tech titans are honoring Black history this February and beyond
These offerings include tools to help people support Black-owned businesses, virtual museum offerings, coding initiatives, skills training, and more.Read More…
U.S. existing-home sales unexpectedly rise to three-month high
“Sales could be even higher,” if more homes were put on the market, NAR’s chief economist Lawrence Yun saidRead More…
LoanDepot’s earnings reveal strong originations, thinning margins
The newly public digital mortgage giant is relying on a diverse set of loan channels to take on competitors in an increasingly crowded field, CEO AnthRead More…
Mortgage rates jump to 3-month high as Treasury yields climb
With the most recent stimulus aiding economic recovery, mortgage lending’s feeding frenzy could be coming to an end.Read More…
Fed staff suggest more worry over financial risk than Powell
In their detailed presentation to the FOMC last month, Fed staff “assessed asset valuation pressures as elevated” — their highest characterizatiRead More…