ATTOM Data Solutions, Irvine, Calif., said 1.527 million U.S. single-family homes and condos were vacant in the fourth quarter, representing 1.5 percent of all U.S. homes.
Category: News and Trends
Steve Ozonian of Williston Financial Group on Fraud and Security
Steve Ozonian is President and CEO of Williston Financial Group, Portland, Ore. Over the course of his career, he has engineered growth of multiple real estate related businesses.
Survey: Buyers, Sellers Say Rising Home Prices Have ‘Made Their Lives Worse,’ Want Policy Changes
Home buyers and sellers are nearly twice as likely to support policies designed to keep homes affordable as they are to support policies designed to strengthen home values, according to a new report from Redfin, Seattle.
HUD, Justice Department Reach Agreement on False Claims Act Violations
AUSTIN, TEXAS–HUD and the Department of Justice yesterday signed a memorandum of understanding outlining “prudent” guidance for False Claims Act violations, a move that analysts said could help eliminate uncertainty in FHA lending and provide incentives for private market lending in government lending programs.
MBA Releases New White Paper: The Basic Components of an Information Security Program
The Mortgage Bankers Association released a new white paper, The Basic Components of an Information Security Program, which provides an overview of current information security risks that affect the mortgage industry, as well as explanations of basic components of an information security program intended to help manage those risks.
MBA Letter Lauds FDIC Proposed ‘Safe Harbor’ Rulemaking
The Mortgage Bankers Association, in an Oct. 21 letter to the Federal Deposit Insurance Corp., expressed strong support for a proposed rulemaking that would remove barriers for issuance of private residential mortgage-backed securities without jeopardizing safety and soundness of RMBS sponsors or investors.
Signs of Wavering in Remodeling Forecasts
Annual gains in homeowner spending for improvements and repairs are set to “give out” by the second half of next year, according to the Leading Indicator of Remodeling Activity report from the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.
Garth Graham of STRATMOR Group on the Current M&A Market
Garth Graham is a senior partner with STRATMOR Group, a 30-year-old mortgage banking consulting firm. He has more than 30 years’ experience in mortgage banking, ranging from Fortune 500 companies to successful startups.
Black Knight: Delinquencies Down 11% From Year Ago Despite Seasonal Uptick
Black Knight, Jacksonville, Fla., said the national delinquency rate edged up seasonally in September to 3.53%, but fell by 11.2% from a year ago, marking the largest year-over-year decline in eight months.
GSEs Publish Updated Redesigned URLA, Supporting Documents
Fannie Mae and Freddie Mac yesterday published static components of their updated redesigned Uniform Residential Loan Application.