“While mortgage delinquencies are currently low across the U.S., the market is ripe for an increase in fraud because of the continuing high interest rates, slow housing market, and other increasing costs of homeownership like insurance affordability.”
–Matt Seguin, Senior Principal, Fraud Solutions with Cotality
The U.S. housing market remains shrouded in uncertainty, with little indication that record-high levels of unaffordability will ease anytime soon, a new report from the Harvard Joint Center for Housing Studies finds.
MISMO, the real estate finance industry’s standards organization, announced a new standard that works to restore trust in security instrument data and reduces the financial burden of onerous verification requirements.
ICE Mortgage Technology, Atlanta, released its May 2025 First Look, finding that the national delinquency rate fell 2 basis points to 3.2% in May. However, it’s up 16 basis points from May 2024.
Redfin, Seattle, released a new study finding that 33.5% of Baby Boomers who currently own their homes say they’ll “never sell.”
Cotality, Irvine, Calif., released its National Mortgage Application Fraud Risk Index for Q1, finding that the index is at 133, down 0.3% from Q4 2024.
During the height of the pandemic, federal regulators led the charge on borrower protections. Now that they are stepping aside, servicers are left navigating a fractured regulatory landscape with little federal guidance, Covius’ Jennifer Keys writes.
“It’s tricky to balance at times when the market looks like it could take a downturn. Investors don’t want to buy a property when prices are high and then see them drop before they’re ready to sell.”
–Rob Barber, CEO at ATTOM
ATTOM, Irvine, Calif., released its Q1 Home Flipping Report, showing that 67,394 single-family homes and condos were flipped in the period, accounting for 8.3% of all sales.
Clever Real Estate, St. Louis, released a new survey finding that nearly three-quarters (or 73%) of first-time buyers have regrets about their home purchase.
