A report from HousingWire. "HousingWire spoke to Todd Bitter, a loan originator servicing the Greater Phoenix-Scottsdale market. HousingWire: What are you doing within your lending business to adapt to the current market situation? Todd Bitter: For the last quite a…
A report from the San Francisco Chronicle in California. "The Bay Area just said goodbye to a decade when real estate prices soared to astronomical heights. The 2010s were marked by $1 million fixer-uppers and bidding wars, and many homeowners…
It's Friday desk clearing time for this blogger. "According to an ATTOM Data Solutions report buying a home is more affordable than renting in 53% of the U.S. housing markets. 'The current market here in Bakersfield for renters is a…
This is the selection of posts from the second half of 2019. I've focused on lending, US markets only and there's much more at each link to read. I'll have more in the comments below later. Thanks for dropping by.…
This past year had a lot of important developments, so I wanted to do a year end summary. It turned out to have more than I expected so this installment will be the first half of the year, and I'll…
A report from DS News. "Foreclosure auction inflow data points to a third wave of post-recession distress building in late 2019 and early 2020. A total of 43,232 residential properties nationwide were referred to Auction.com in Q3 2019 for a…
A report from the Wall Street Journal. "Fannie Mae and Freddie Mac are pulling back on some mortgages meant to make homeownership more affordable, their latest effort to rein in risk at the behest of their regulator. The two companies…
A report from the Augusta Chronicle in Georgia. "Earlier this year, the VA loan industry celebrated its 24 millionth loan. Chris Birk, a spokesman for Veterans United, the nation’s largest VA lender, said the program is as popular now as…
A report from Inman News. "'While overall foreclosure activity is down nationwide, there are still parts of the country that we need to keep a close eye on,' said Todd Teta, chief product officer at Attom Data Solutions. 'For instance,…