ATTOM, Irvine, Calif., said mortgage residential properties considered “equity-rich” jumped to nearly 42 percent in the fourth quarter as rising home prices boosted homeowner equity.
Tag: ATTOM
Rising Home Prices Spur Record Home Seller Profits
Home sellers benefited from rapidly rising home prices in 2021, with profits rising in more than 90 percent of U.S. markets to record levels, said ATTOM, Irvine, Calif.
Industry Briefs Jan. 20, 2022: ICE Mortgage Technology Partners with Colorado Housing/Finance Authority
ICE Mortgage Technology, Pleasanton, Calif., announced the Colorado Housing and Finance Authority integrated Encompass Investor Connect and AIQ into its technology, enabling faster and easier loan delivery and funding.
ATTOM: Foreclosure Activity Falls to Record Low
ATTOM, Irvine, Calif., released its Year-End 2021 U.S. Foreclosure Market Report, which shows foreclosure filings fell to their lowest level since 2005.
Renting Less Affordable Than Home Ownership in Most U.S. Markets
Owning a median-priced home is more affordable than the average rent on a three-bedroom property in 58 percent of U.S. counties, reported ATTOM, Irvine, Calif.
Housing Affordability Concerns Intensify
Reports from First American Financial Corp., Santa Ana, Calif., and ATTOM, Irvine, Calif., show rising home prices and inflation are taking a bigger bite out of housing affordability entering the new year.
3Q Home Flipping Profit Margins Drop to 10-Year Low
ATTOM, Irvine, Calif., said home-flipping became more popular in the third quarter—but it wasn’t as profitable.
November Foreclosures Down from October, Up from Year Ago
ATTOM, Irvine, Calif., reported 19,479 U.S. properties with foreclosure filings in November, down by 5 percent from October but up by 94 percent from a year ago.
ATTOM: 3Q Mortgage Lending Down at ‘Unusually Fast Pace’
ATTOM, Irvine, Calif., said overall mortgage loan activity fell by 8 percent in the third quarter—the second straight quarterly decrease—as refinance volume faded amid rising interest rates.
Industry Briefs Nov. 17, 2021: nCino to Acquire SimpleNexus for $1.2 Billion
nCino, Wilmington, N.C., announced it will acquire SimpleNexus, Lehi, Utah, for $1.2 billion.