MBA: Mortgage Credit Availability Up for 1st Time in 9 Months
Mortgage credit availability increased in November—the first monthly increase since February—the Mortgage Bankers Association reported Thursday.
CFPB Provides Guidance on HMDA Loan Reporting Threshold
The Consumer Financial Protection Bureau said it does not intend to “initiate enforcement actions or cite Home Mortgage Disclosure Act violations for failures to report closed-end mortgage data collected in 2022, 2021 and 2020” for covered institutions that originated at least 25 closed-end loans, but less than 100 closed-end loans in each of the previous two calendar years.
ATTOM: Foreclosure Completions Up 64%
ATTOM, Irvine, Calif., reported 30,677 U.S. properties with foreclosure filings in October, up 57 percent from a year ago, but down 5 percent from October.
RentCafe: Multifamily Boosts Self-Storage Sector
RentCafe, Santa Barbara, Calif., reported self-storage development is being spurred by new apartments coming online all across the country.
For First-Time Home Buyers, Some Markets Show Potential
First-time home buyers can find some remarkable homes—provided they stay away from the East and West coasts, said Zillow, Seattle.