Veros Real Estate Solutions, Santa Ana, Calif., said its upgraded forecast calls for home price appreciation to fall to just half of its current rate over the next 12 months.
The Federal Housing Administration on Thursday expanded mortgage eligibility for borrowers who experienced a gap in employment and/or a reduction or loss of income due to a COVID-19 related economic event.
The Consumer Financial Protection Bureau on Thursday issued a legal interpretation on how companies that use and share credit reports and background reports can do so under the Fair Credit Reporting Act.
The Mortgage Bankers Association this week issued a white paper examining how climate change is dramatically reshaping lenders’ and policymakers’ approaches to the U.S. real estate market.
Ahead of Friday’s employment report from the Bureau of Labor Statistics, private-sector employment rose by just 128,000 in May, said ADP, Roseland, N.J. In a separate report, the Labor Department said post-pandemic initial claims remain erratic, rising by 4,000 from the previous week.