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Coming Up:
Homeowners And Renters Respond Differently To Job Loss
College-educated homeowners are twice as likely to leave the workforce after a job loss compared to renters.
Black Homeowners Face Higher Financial Standards
Survey finds Black Americans face greater financial and generational barriers when it comes to homeownership.
U.S. Construction Industry Projected To Grow 15.6% In 2021
The U.S. construction industry is projected to grow by more than 15% in 2021, despite pandemic-induced challenges.
Love The One You’re With: Home Improvements Trend Upward As Purchases Decline
More than two-thirds of U.S. homeowners (67%) plan to tackle home improvements this year, according to the latest BMO Real Financial Progress Index.
Angel Oak Home Loans Opens New Branches In Colorado And Mississippi
As demand continues to remain relatively high, Angel Oak Home Loans opened two new branches, with a total of six new branches in the span on 30 days.
U.S. House Price Index Jumps More Than 15 Percent YOY
The Federal Housing Finance Agency reported a 1.8% increase in the U.S. house price in April 2021 and a year-over-year increase of 15.7%.
Homepoint Launches Amplify Service Model For Mortgage Brokers
Homepoint launched Homepoint Amplify a new service model designed to drive efficiencies for mortgage brokers with localized support.
FHFA Makes Staffing Updates
The Federal Housing Finance Agency announced three new appointments to its leadership team.
CFPB Announces New Rule To Ease Transition Out Of Forbearance
The CFPB established temporary special safeguards to ensure that borrowers have time before foreclosure to explore other options of repayment, including loan modifications and selling their home.
Market Shows Signs Of Cooling According To Redfin Report
The housing market shows signs of cooling down as mortgage rates continue to tick above 3% for the first time in 10 weeks.