How Princess Mackie Can Teach the Value of Community Outreach #MBAIMB24

NEW ORLEANS–Community outreach can expand access to financial literacy, MBA 2024 Chairman Mark Jones and author and real estate broker Twala Lockett-Jones agreed here at the Mortgage Bankers Association’s Independent Mortgage Bankers conference.

All Star Home: West Virginia Most “House Rich” State

All Star Home, Raleigh, N.C., sought to figure out what state is the most “house rich,” a status it defined as homeownership being dominant and homes being relatively affordable compared to the local median income. Per its analysis, West Virginia took the top spot.

ATTOM Finds Profit Margins, Homeownership Tenure, Cash Sales Up

ATTOM, Irvine, Calif., released its third-quarter 2023 U.S. Home Sales Report, showing profit margins on median-priced homes are up from the second quarter, along with other metrics such as homeownership tenure and cash sales.

Small Mortgages Lacking, Pew Says

The Pew Charitable Trusts, Philadelphia, found small mortgages to purchase low-cost homes–defined as those priced below $150,000–have become increasingly scarce.