A new study from ATTOM has determined that 34 of the 50 counties with the most at-risk housing markets in the fourth quarter of 2023 were based in three states. ATTOM defined at-risk markets based on data related to home affordability, underwater mortgages,...
U.S. homeowners with mortgages saw their home equity increase 8.6% year-over-year during the fourth quarter of 2023, according to new data from CoreLogic. This represented a collective gain of $1.3 trillion and an average increase of slightly more than $24,000 per...
The challenges facing the U.S. housing market and the commercial real estate markets will not be acknowledged by President Biden tonight in his State of the Union address. The advanced “fact sheet” of the speech released by the White House did not include...
An appeals court restored the so-called “mansion tax” referendum that Chicago voters will be voting on for their March 19 election. NBC Chicago reported that the Illinois Appellate Court reversed a circuit court decision that voided the referendum’s appearance on the...
Fannie Mae (OTCQB:FNMA) announced new capabilities for its Desktop Underwriter (DU) system. Effective March 29, Fannie Mae single-family lenders can use a single 12-month asset verification report in the DU validation service to identify recurring deposits in the...
The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling announced it will make $10 million in grant funding available to eligible housing counseling agencies. According to a press release from the department, the funds will enable the...
CMBS Delinquency Rate Dips by Single Basis Point
