Servicing Quote of the Week

“Home equity rates are near their highest points in recent years and the dip we’ve seen early this year in the proportion of equity-rich homes shouldn’t cause too much concern.”
–Rob Barber, CEO for ATTOM.

Fannie Mae: Mixed Results in Home Purchase Sentiment Index

Fannie Mae released its April 2025 National Housing Survey, including the Home Purchase Sentiment Index. The HPSI increased 1.1 points from March to 69.2, but remains down by 2.7 points year-over-year.

Remodeling Market Poised for Growth, NAHB Finds

Aging housing stock and insufficient new home inventory mean the remodeling market is poised for future growth, the National Association of Home Builders reported.

Redfin: Demand for Vacation Homes Falls

Redfin, Seattle, found that the demand for vacation and second homes has dropped to the lowest level in at least six years.

ATTOM: Home Equity Dips Slightly in Q1

ATTOM, Irvine, Calif., released its Q1 Home Equity and Underwater Report, revealing that 46.2% of mortgaged residential properties were considered equity-rich in the first quarter.

Servicing Quote of the Week

“Despite the financial market volatility in April, and expectations of a sharp slowdown in economic activity in the coming months, these data will be enough to keep the Federal Reserve on the sidelines for now, as they assess whether the threat to economic growth or inflation is the bigger concern.”
–MBA SVP and Chief Economist Mike Fratantoni