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March 28, 2019

Foreclosure Filings Continue to Decline

There was a moderate drop in foreclosures in February, according to ATTOM Data Solutions’ latest Foreclosure Market Report.  According to the Foreclosure Market Report, there was […]
March 27, 2019

Commercial/Multifamily Mortgage Debt Spikes

Commercial and multifamily mortgage debt outstanding grew 6.8% in 2018, benefiting from strong employment numbers and strained inventory, according to the Mortgage Bankers Association.  With a […]
March 26, 2019

HELOC Demand Falls to 15-Year Low

Home equity is sitting above the $15 trillion mark nationwide, according to the Federal Reserve, but interest in more costly forms of debt, like credit cards […]
March 22, 2019

Homeowners Gain $9,700 in Equity in 2018

The average U.S. homeowner gained $9,700 in equity from the fourth quarter of 2017 to the fourth quarter of 2018, according to the latest report from […]
March 21, 2019

Multifamily Real Estate Had Best Year Since 2000

Any way you look at it, 2018 was the best year for multifamily real estate this century: Renters paid more for housing than they ever have […]
March 19, 2019

Foreclosure Rate Plummets to Near 20-Year Low

The share of mortgages in some stage of the foreclosure process fell to 0.4% in December, tying with the previous month for the lowest rate since […]
March 18, 2019

Mortgage Lender Optimism Improves Slightly

In the first quarter of 2019, Fannie Mae’s Mortgage Lender Sentiment Survey revealed the net profit margin outlook for mortgage lenders retreated 8% from the previous […]
March 15, 2019

Senior Housing Wealth Tops $7 Trillion for First Time Ever

The housing wealth of homeowners aged 62 and over grew by 1.4%, or $98 billion in the fourth quarter of 2018.  This results in a record-total […]
March 14, 2019

Credit Card Balances End Year At Record High

U.S. credit card debt hit $870 billion – the largest amount ever – as of December 2018, according to the data from the Federal Reserve. Credit […]