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Audits Find Fault With Help Provided To FHA Borrowers During Pandemic

Loan servicer Mr. Cooper 'deeply disappointed' that HUD OIG audit focused on problems that were mostly technical rather than on borrower outcomes. ....

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Affordable housing inventory is limited due to foreclosure prevention efforts

A key source of affordable housing inventory was cut in half over the last three years, resulting from efforts to keep delinquent borrowers in homes. ....

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Fact Check: Americans Hold Almost $30 Trillion In 'Tappable' Home Equity

Fact Check: Americans Hold Almost $30 Trillion In ‘Tappable’ Home Equity ....

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Home-equity niche will benefit from a private-label lift

The demand for home-equity loans, particularly HELOCs as well as shared-equity investment products, is now stronger than at any time since before the global financial crisis some 15 years ago. The demand for home-equity loans, particularly HELOCs as well as shared-equity investment products, is now stronger than at any time since before the global financial crisis some 15 years ago. ....

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Pandemic-Fueled 'Lock-In Effect' Likely To Limit New Spring Listings

Black Knight data shows new listing volume down 25 percent in January compared to pre-pandemic levels, the biggest drop since most of the country was in lockdown. ....

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