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A Hire Standard
Source: Scotsman Guide--- Over the past several years, the mortgage industry has been increasingly focused on creating a diverse, inclusive and welcoming place of employment for all people, regardless of gender, age, religion, race, ethnicity, cultural background or...
Loan Modifications Affect the Mortgage Ecosystem
Source: Scotsman Guide --- The Consumer Financial Protection Bureau (CFPB) has been closely monitoring the loan default situation and is taking various steps in a bid to prevent a wave of foreclosures that could result from borrowers exiting their mortgage forbearance...
Eight out of 10 People Who Relocated During the Pandemic Are in a Similar or Better Financial Position Post-Move
Source: Redfin --- About two-thirds of surveyed Redfin.com users who moved to a different metro over the last year have the same or lower housing costs; almost as many said their new home is the same size or bigger. Key findings from a recent survey of Redfin.com...
Rising Fortunes
Source: Scotsman Guide --- One of the biggest problems facing the nation is the wealth gap that exists between white and minority families. In fact, the typical white family in 2019 had eight times the wealth of the average Black family and five times the wealth of...
Case-Shiller Home Price Index posts largest annual increase since 2005
Source: Scotsman Guide --- Home prices grew annually by leaps and bounds in March, with the S&P CoreLogic Case-Shiller National Home Price Index surging 13.2% higher year over year. That’s up from February’s 12.0% annual increase, marking the biggest yearly gain...
The housing market is booming but remains deeply unequal
Source: The Washington Post --- The current housing market features plenty of prospective buyers but few sellers, and is likely to make housing inequality and the racial wealth gap much worse. Politicians are beginning to grapple with this problem. President Biden...
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