Source: The World Property Journal — The latest Mortgage Bankers Association Forbearance and Call Volume Survey has revealed that the total number of U.S. loans now in forbearance decreased by 3 basis points from 4.22% of servicers’ portfolio volume in...
Source: New York Times — They never wanted to call it retirement, but for Susan Farnsworth, Leigh Hough and Jean-Philippe Jomini, a throuple — a romantic partnership of three people — that has lived together as an intentional family for over 15 years, it felt...
Source: Keeping Current Matters — The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their...
Source: Redfin — April was another history-making month for housing, with homes selling for higher prices and in fewer days since at least 2012, when Redfin began tracking national housing data. The following measures all hit new records: The national median...
Source: Forbes — When most people think of construction, they think of excavators, bulldozers and a lot of dirt. They don’t think about virtual reality, lasers, laptops, robots and autonomy — technology that’s more often associated with futuristic...
Source: MPA — After months of protesting his innocence, a former chairman of the Mortgage Bankers Association is headed to prison for defrauding two warehouse lenders by selling more than $14 million of their loans “out of trust.” Ronald McCord, founder of...
Hits and Misses for the Real Estate Week of April 27-May 1
