Foreclosure Starts Up 15% From July
Foreclosure starts had a 15% jump in activity from July but remain 44% below pre-pandemic levels.
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Katie Jensen
Associate Editor
Katie Jensen is a mortgage news reporter at NMP.
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Home Prices Decline, Inventory Rebounds
If sales keep dropping and inventory keeps growing, we may reach a buyer's market by December.
Sep 23, 2022
Home Flips Dip Nationwide, But Profits Surge
The typical resale price on flipped homes reached another all-time high of $328,000.
Sep 22, 2022
PMI Profits Remain High As Housing Market Cools
U.S. private mortgage insurance (PMI) hit record profitability in the second quarter of 2022.
Sep 21, 2022
Student Loan Relief Could Increase Homeownership
Urban Institute says borrowers of color would most likely see the greatest benefits.
Asian, Black & Hispanic-White Borrowers Increase Share Of Home Purchases
CFPB report also reveals the official end to the refinance boom and shift to home purchase loans in 2021.
Sep 19, 2022
Builder Confidence Falls For 9th Consecutive Month
A result of elevated interest rates, supply chain disruptions, and high home prices.
All-Cash Buyers Still Dominate As The Market Slows
31.4% of U.S. home purchases were paid with all cash in July.
U.S. House Passes VA Appraisal Modernization Legislation
'This legislation is an important first step towards broad modernization of VA appraisal processes.'
Sep 15, 2022
MBA, Other Organizations Want FHA's MIP Reduced
Submit letter to the White House & National Economic Council urging reduction in mortgage insurance premium.