Generation Z is beginning to enter the housing market and pay mortgages of their own. In order to prepare, servicers must address their unique needs.

ATTOM Data Solutions, Irvine, Calif., said nearly half of Opportunity Zones saw median home prices rise more than the national increase of 9.4 percent from fourth quarter 2018 to fourth quarter 2019.

Bill Neville is CEO of LoanLogics, Trevose, Pa., responsible for overseeing all company operations, technology and software development, and leading the strategies that continue the company’s growth as a regtech technology provider. In addition to his executive role, he is also a member of LoanLogics' Board of Directors.

The last decade has been good to the mortgage industry. In fact, we have gone an entire decade without a recession. Following the last mortgage crisis of 2008 that brought the entire industry to its knees, we have seen a strong return with high home values and vibrant lending and origination activity.

After hitting historic lows during the Great Recession, African American homeownership in the U.S. has rebounded promisingly, said Zillow, Seattle, marking what it suggested was “perhaps the start of a recovery.”

Last week MBA released its latest National Delinquency Survey for the fourth quarter. Mortgage delinquencies track closely to the U.S. unemployment rate, and with unemployment at historic lows, it’s no surprise to see so many households paying their mortgage on time.