Residential

Sierra Pacific Mortgage Co. Inc. has launched a Builder Division that will focus on providing mortgage services for homebuilders
Sierra Pacific Mortgage Co. Inc. has launched a Builder Division that will focus on providing mortgage services for homebuilders.   The Folsom, Calif.-based lender has hired Diane Cimarusti-Galigher, a former Senior Vice President at BD Holdings, as the Division’s Regional Builder Manager for... Keep Reading....
Twenty-one percent of the population now resides in a community association
Twenty-one percent of the population now resides in a community association, according to the 2016 National and State Statistical Review for Community Association Data published by the Foundation for Community Association Research in conjunction with the Community Associations Institute (CAI).  ... more
When it comes to purchasing single-family rental homes, the magic number is 30238—which is the ZIP Code for the market where buyers of these properties see the greatest potential in rental yields and cash flows
When it comes to purchasing single-family rental homes, the magic number is 30238—which is the ZIP Code for the market where buyers of these properties see the greatest potential in rental yields and cash flows.   According to a report from ATTOM Data Solutions, the rental markets in 4,854 ZIP... more
The number of non-current mortgages, defined as being at least 30 days past-due or in active foreclosure, swelled by 214,000 last month
The number of non-current mortgages, defined as being at least 30 days past-due or in active foreclosure, swelled by 214,000 last month, a nine percent spike from August, according to new data from Black Knight. However, this upswing is being blamed primarily on the damage brought by Hurricanes... more
While home prices continue to rise to new peaks, housing affordability is becoming easier to achieve, according to new data from Black Knight Inc
A pair of trade groups representing longtime rival factions in the financial services industry have teamed up to urge the Federal Housing Finance Agency (FHFA) to allow the government-sponsored enterprises (GSEs) to rebuild their capital buffers.   In a joint letter to FHFA Director Mel Watt, the... more