ATTOM Data Solutions, Irvine, Calif., said in “opportunity zones”–special areas of the U.S. aimed at spurring improvement and development-nearly half of homes have median home prices below $150,000.
Category: News and Trends
Black Knight: Tappable Equity at Record $6.3 Trillion
Black Knight, Jacksonville, Fla., said after falling through the second half of last year, tappable equity saw its second consecutive quarterly increase, hitting a record high $6.3 trillion in the second quarter.
Special Servicing Volume Declines Again
Fitch Ratings, New York, reported the volume of commercial mortgage-backed securities loans and assets in special servicing declined nearly 10 percent between April and July to $9.8 billion.
Millennial Home Buyers Increasing, But Still Face Barriers
Despite increases in Millennial participation in the home-buying market, two reports suggest Millennials continue to face barriers that impede their entry into the market.
Black Knight First Look: July Prepayment Activity Hits Highest Level Since 2016
Black Knight, Jacksonville, Fla., said national delinquency rates fell in July as prepayment activity jumped to its highest level in nearly three years.
First American: Increasing Tenure Length Dampening Home Sales
Demand for existing homes is strong, but one can’t buy what’s not for sale, said First American Financial Corp., Santa Ana, Calif.
MISMO Seeks Input on Consent Language for Tax Transcripts to Comply with Taxpayer First Act
MISMO®, the mortgage industry standards organization, seeks industry participants to collaborate on developing standardized language to gain consent for use of tax transcripts by stakeholders throughout the mortgage process.
HUD Proposes Revised ‘Disparate Impact’ Rule
HUD on Friday published a proposed rule to amend the HUD interpretation of the Fair Housing Act’s disparate impact standard.
The Inverted Yield Curve’s Effect on CRE
The recent yield curve inversion may raise concerns about a potential recession, but it is unlikely to harm commercial real estate investors.
FHA Issues New Condo Approval Rule
The Federal Housing Administration yesterday published a new final regulation aimed at relaxing requirements for condominium projects seeking approval for FHA eligibility.
