Saturday , 23 January 2021

Around The Web

The Best of DS5: Inside the Industry – Part 1

Last spring, Five Star Global launched DS5: Inside the Industry, a video newscast format that highlights economic and industry updates from its executives and leaders. Here are some of the best interviews DS5 has shared in the months since. The post The Best of DS5: Inside the Industry – Part 1 appeared first on DSNews.

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Most Foreclosures are on Vacant, Abandoned Properties

Despite widespread foreclosure moratoria, completed foreclosure auctions are percolating, the Q4 Distressed Market Outlook from Aution.com shows. While remaining below 78% below year-ago levels, there was a 24% uptick of completed foreclosure auctions to a six-month high in September. That said, the moratoria have played a part in creating a backlog of likely foreclosures that … The post Most Foreclosures …

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‘Slow Down in Exits’ Means Increased Overall Forbearance Activity

The total number of loans in forbearance took a slight uptick in the latest data from the Mortgage Bankers Association’s (MBA) Forbearance and Call Volume Survey. As of Nov. 15, loans in forbearance accounted for 5.48% of servicers’ portfolio volume, up from 5.47% one week earlier. The MBA estimated 2.7 million homeowners are currently in … The post ‘Slow Down …

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How The New Loan Limits Affect Mortgage Rates; Home Price Gains Blow Away Forecasts Yet Again

If you follow the MBS Commentary channel on this site, you will have already seen most of the following, but it’s relevant for consumers as well. As far as mortgage rates are concerned, the increase in conforming loan limits doesn’t have a direct impact, but it does change rate availability for those seeking certain loan amounts. There’s a link below …

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The Suburbs’ Changing Demographics

Over the last decade, U.S. suburbs have become more racially and ethnically diverse—not to mention more Democratic, according to Redfin.com. To get a better handle on this transition, the company studied data from the U.S. Census, along with Redfin’s housing market data and voting margins from the last three presidential elections. Among key findings, in … The post The Suburbs’ …

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Homeownership for Black Americans Comes With Fewer Benefits

Owning a home is a tool for building wealth and stability, but a report from researchers at the Urban Institute indicates that is less applicable to people of color. Not only do Black Americans face more barriers to homeownership, but they also accrue less wealth than their White counterparts when they become homeowners. And the … The post Homeownership for …

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Majority Considering Moving Due to Pandemic; Delinquencies Remain Elevated; Rates Move Up

A recent survey by Lending Tree found that nearly half of Americans are thinking about moving in the not-to-distant future and it appears that the COVID-19 pandemic may be at least part of their motivation. Crissinda Ponder writes that the health crisis has affected nearly every aspect of daily life, and with 11 million Americans unemployed, residents make an exodus …

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