The Mortgage Bankers Association released a white paper, The Future of Loss Mitigation, which takes into consideration how lessons applied and learned during the COVID-19 pandemic should shape permanent loss mitigation policy.
MISMO®, the real estate finance industry standards organization, was awarded for the third-straight year a 2023 HousingWire Tech100 award. This award recognizes the most innovative technology organizations in the housing economy.
Redfin, Seattle, reported the typical U.S. homeowner has spent 12.3 years in their home, down from the peak of 13.4 years hit in 2020 and 12.9 years in 2021.
ATTOM, Irvine, Calif., said just 1.52 million mortgages secured by residential property originated in the fourth quarter in the United States, down 24 percent from the third quarter, marking the seventh quarterly decrease in a row, and down 55 percent from a year ago, to the lowest level since 2014.
Construction spending in January fell slightly to a seasonally adjusted annual rate of $1,825.7, the Census Bureau reported Wednesday, marking the eighth straight monthly overall decline.
Trepp LLC, New York, said its life LifeComps index of insurance company commercial mortgage investments saw a -10.1% return in 2022, largely due to a -14.3% appreciation return.