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Home Equity Flattens Out Across U.S. In Fourth Quarter Of 2022

Home Equity Flattens Out Across U.S. In Fourth Quarter Of 2022

by Third Party | Feb 3, 2023 | Industry Updates, Mortgage Information

Source: ATTOM —  IRVINE, Calif. — Feb. 2, 2023 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2022 U.S. Home Equity & Underwater Report, which shows that 48 percent of mortgaged...
CFPB Loses Key IMB Redlining Case

CFPB Loses Key IMB Redlining Case

by Staff Writer | Feb 3, 2023 | Industry Updates, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Feb. 3, 2023 (Staff Writer) — Earlier today, a District Court in Chicago ruled in CFPB v. Townstone Financial Inc. and Barry Sturner that the Equal Credit Opportunity Act (ECOA) does not extend to prospective applicants under a plain language reading of the...
Think the housing market is bad? It’s even worse for affordable housing builders

Think the housing market is bad? It’s even worse for affordable housing builders

by Third Party | Feb 3, 2023 | Industry Updates, U.S. Housing Market

Source: Deseret News —  The U.S. housing market is in the midst of a painful contraction after 2022 brought a volatile end to about two boiling hot years. It’s tough news — especially for homebuilders — as demand dries up and prices flatline or even begin to...
New Home Lot Inventory Jumps In 4Q22, Zonda Reports in Lot Supply Index

New Home Lot Inventory Jumps In 4Q22, Zonda Reports in Lot Supply Index

by Staff Writer | Feb 3, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Feb. 3, 2023 (Staff Writer) —  Zonda, the housing industry’s foremost advisors, released the New Home Lot Supply Index (LSI) for 4Q22. The New Home LSI, backed by data from Zonda, shows lot supply loosened year-over-year across the United States. The index is a...
Green Street’s U.S. Sector Outlooks Examine Commercial Real Estate During Capital Markets Upheaval

Green Street’s U.S. Sector Outlooks Examine Commercial Real Estate During Capital Markets Upheaval

by Staff Writer | Feb 3, 2023 | Commercial Real Estate News, Industry Updates

Feb. 3, 2023 (Staff Writer) — Green Street has released its 2023 Sector Outlooks, a series of forward-looking research reports highlighting operating fundamentals and valuations of U.S. commercial real estate during a period of capital markets volatility. The...
LoanDepot Director Pamela Hughes Patenaude Named Board Chair of Home Builders Institute

LoanDepot Director Pamela Hughes Patenaude Named Board Chair of Home Builders Institute

by Staff Writer | Feb 3, 2023 | Industry Updates, Mortgage Information

Feb. 3, 2023 (Staff Writer) — loanDepot, Inc. (NYSE: LDI) (“loanDepot” or the “Company”), one of the nation’s largest non-bank retail mortgage lenders, today issued the following statement from CEO Frank Martell on the news...
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