Redfin: Only 2.5% of Homes Have Changed Hands This Year
Redfin, Seattle, found only 2.5% of homes in the U.S.--or 25 of every 1,000--have changed hands through August 2024--the lowest level in decades.
Mortgage Industry Assisting Homeowners Affected by Hurricane Helene
(Updated with new information Oct. 7) This is a developing story that will be updated. If you are aware of an effort by a mortgage company to provide relief or help to areas affected by Hurricane Helene, either directly or via fundraisers or donations, please contact us.
FHA Releases New Draft ML on Cyber Incident Reporting; Letter Includes Adjustments Closer to MBA Suggestions
The Federal Housing Administration posted a new draft Mortgagee Letter: Revised Cyber Incident Reporting Requirements on its Single-Family Housing Drafting Table.