Industry News


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Bidding Wars Linger as Housing Market Decelerates
Wed, 16 Jun 2021 20:12:51 +0000

Despite the housing market experiencing a minor slowdown, Redfin agents are reporting competition remaining moderately fierce for the short supply available.

The post Bidding Wars Linger as Housing Market Decelerates appeared first on DSNews.



Exploring Solutions to the Nation’s ‘Dire’ Housing Lack
Wed, 16 Jun 2021 19:36:54 +0000

"There is a strong desire for homeownership across this country, but the lack of supply is preventing too many Americans from achieving that dream," says one economist weighing in on a new report.

The post Exploring Solutions to the Nation’s ‘Dire’ Housing Lack appeared first on DSNews.



Subservicer Cenlar Appoints New SVP
Wed, 16 Jun 2021 18:39:59 +0000

Martin "Marty" Foster, a 35-year veteran in the mortgage banking industry, has joined the company as SVP of Servicing Operations.

The post Subservicer Cenlar Appoints New SVP appeared first on DSNews.



Single-Family Rent Price Growth Accelerates
Wed, 16 Jun 2021 15:36:16 +0000

Researchers report that demand for more space and outdoor amenities, largely from older millennials, continues to place upward pressure on the market.

The post Single-Family Rent Price Growth Accelerates appeared first on DSNews.



Putting Foreclosure Trends in Perspective
Tue, 15 Jun 2021 21:42:40 +0000

In the month of May, one in every 12,700 housing units had a foreclosure filing, a total down from April, but up 23% over last year at the outset of the foreclosure moratorium and CARES Act.

The post Putting Foreclosure Trends in Perspective appeared first on DSNews.



Yellen: $1.25 Billion CDFI Grant Will Address Economic Disparity
Tue, 15 Jun 2021 19:06:22 +0000

The Treasury Secretary says funds dispersed to Community Development Financial Institutions, which play an important role in attainable homeownership, will help to repair an "unhealthy" aspect of the American economy.

The post Yellen: $1.25 Billion CDFI Grant Will Address Economic Disparity appeared first on DSNews.



Todman Sworn in as HUD Deputy Secretary
Tue, 15 Jun 2021 17:42:26 +0000

Former NAHRO CEO officially named HUD’s 12th Deputy Secretary to work in concert with Secretary Marcia Fudge to provide guidance over programs critical to supporting equitable housing for all.

The post Todman Sworn in as HUD Deputy Secretary appeared first on DSNews.



Navigating the Cost Burdens of Low-Income Homeowners
Tue, 15 Jun 2021 16:25:26 +0000

Researchers who compared owning to renting say accessible homeownership is the "cornerstone of economic well-being."

The post Navigating the Cost Burdens of Low-Income Homeowners appeared first on DSNews.



Forbearance Exit Volume Continues to Grow
Mon, 14 Jun 2021 21:35:57 +0000

For the 15th straight week, the share of mortgage loans in forbearance has dropped, with employment showing signs of strength.

The post Forbearance Exit Volume Continues to Grow appeared first on DSNews.



Radian Announces Launch of ‘Genius’ Product Suite
Mon, 14 Jun 2021 19:04:38 +0000

titlegenius is the latest in a series of digital products the company is engineering to help solve existing and anticipated customer and agent challenges, Radian reports.

The post Radian Announces Launch of ‘Genius’ Product Suite appeared first on DSNews.