Daily Dose

Rising Sea Levels Threaten Affordable Housing Supply

Flooding and other natural disasters are increasing due to carbon emissions and climate change, scientists say, putting the nation’s already dwindling affordable housing supply at risk, according to a peer-reviewed environmental research paper entitled, “Sea Level Rise and Coastal Flooding Threaten Affordable Housing,” by Climate Central and the National Housing Trust. The letter presents the … The post Rising Sea …

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Top 30 Companies in Mortgage and Servicing—Part 10

Editor’s note: This story originally appeared in the November edition of MReport, out now.  Auction.com Headquarters: Irvine, CA Contact:Auction.com Leadership: Jason Allnutt, CEO; Ali Haralson, Chief Business Development Officer; Deanna Drum, VP People and Culture About: Auction.com is the nation’s leading online marketplace for the disposition of distressed residential properties. Its tools and services help maximize sales, … The post Top 30 …

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Real Estate Valuations in a Time of Crisis

On Wednesday, January 20 from 1-2 p.m. CST, a panel of industry pundits will participate in a complimentary virtual roundtable session presented by Clear Capital entitled “Managing Mortgage Servicing Challenges in Uncertain Times: How Modern Real Estate Valuations Will Help.” The event is an installment of the DS News Webinar Series, and readers can register … The post Real Estate …

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Real Estate Fund Designates $1 Billion to Communities of Color

The Los Angeles-based real estate fund SoLa Impact has rolled out the Black Impact Fund, a $1 billion initiative focused on communities of color with major urban markets. The new fund consists of a $500 million Opportunity Zone Fund and a $500 million non-Opportunity Zone Fund. SoLa Impact will partner with regional developers on development … The post Real Estate …

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New Housing Fund Endeavor Aims $1 Billion Toward Racial Equity

The Los Angeles-based real estate fund SoLa Impact has rolled out the Black Impact Fund, a $1 billion initiative focused on communities of color with major urban markets. The new fund consists of a $500 million Opportunity Zone Fund and a $500 million non-Opportunity Zone Fund. SoLa Impact will partner with regional developers on development … The post New Housing …

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The Most Expensive Towns Across America

A new report from LendingTree evaluates the top 50 American towns with populations under 50,000 with the most expensive median home values. Vineyard Haven, Massachusetts; Summit Park, Utah; and Jackson, Wyoming boast the nation’s most expensive home prices. The median home prices in these towns are $667,400, $598,900 and $563,100 respectively—which means the cost of … The post The Most …

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2021 Forecasted to Be a Seller’s Market

Home prices look like they will continue to rise in 2021 according to realtor.com, but at a slower, more normal pace than they did in 2020. However, interest rates are slated to rise, as well, creating challenges for first-time buyers. This makes the earlier part of the year better for most buyers if they can … The post 2021 Forecasted …

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FHFA Extends Foreclosure Moratorium

FHFA Wednesday announced the fourth extension of its foreclosure and eviction moratorium through “at least” January 31. This extension will continue the moratorium on single-family foreclosures and real estate owned (REO) evictions until at least January 31, 2021, according to a news release. It applies to GSE-backed, single-family mortgages only. (However, when the FHFA announced … The post FHFA Extends …

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