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Existing Sales hit 10-Year Low, But Low Rates are a Silver Lining

Existing home sales fell hard in April, the numbers coming in about where analysts expected them but breaking a nine-month string of annual gains. The National Association of Realtors® said total sales of single-family homes, townhouses, condos, and cooperative were at a seasonally adjusted annual rate of 4.33 million, down from the 5.27 million sold in March, a 17.8 percent …

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Single-Family Rental Market Defies Market Conditions

Investors are seeing that the single-family built-for-rent market has received attention as a means to add single-family inventory amid concerns over housing affordability and downpayment requirements in the for-sale market. The post Single-Family Rental Market Defies Market Conditions appeared first on DSNews.

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Unemployment Claims Trend Downward

Claims experienced a slight decline from the previous week, but here’s why unemployment insurance data remains “difficult to interpret” amid rising delinquency numbers. The post Unemployment Claims Trend Downward appeared first on DSNews.

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Helping Servicers Interact with Borrowers

Loancare President Dave Worrall spoke with DS News on how he is applying his time at Fannie Mae to the current COVID-19 situation, and how to interact with struggling borrowers. The post Helping Servicers Interact with Borrowers appeared first on DSNews.

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