Trends

Where are the Millennials looking to buy a home
Where are the Millennials looking to buy a home? According to Realtor.com, the answer is a mix of the usual Millennial magnet cities and a few surprising markets.   In rank order, Realtor.com’s new list of the Top Cities for Millennials are Salt Lake City; Miami; Orlando; Seattle; Houston; Los... Keep Reading....
U.S. consumers generated $60.4 billion in credit card debt during the fourth quarter of 2016
U.S. consumers generated $60.4 billion in credit card debt during the fourth quarter of 2016, according to new data released by WalletHub. This represents the largest fourth-quarter debt increase since 2007 and the third-largest in the last 30 years—as well as an $89.2 billion net increase in... more
The Fannie Mae Home Purchase Sentiment Index (HPSI) reached an all-time high last month when it increased by 5.6 percentage points from January to an 88.3 level
The Fannie Mae Home Purchase Sentiment Index (HPSI) reached an all-time high last month when it increased by 5.6 percentage points from January to an 88.3 level. The HPSI also increased on a year-over-year basis by 5.6 percent. Five of the six components that comprise the HPSI were up, and three... more
The continued evaporation of affordable housing opportunities was highlighted in a new report published by the National Low Income Housing Coalition (NLIHC)
The continued evaporation of affordable housing opportunities was highlighted in a new report published by the National Low Income Housing Coalition (NLIHC).   According to “The GAP: A Shortage of Affordable Homes,” there is a shortage of 7.4 million affordable and available rental homes for... more
ACES Risk Management (ARMCO), the leading provider of financial quality control and compliance software, announced that it has released its ARMCO Mortgage QC Industry Trends report for the third quarter of 2016. Using the Fannie Mae loan defect taxonomy, the report analyzes post-closing quality... more