But Zombie Foreclosures Still Represent Just One of Every 12,300 Residential Properties; Percentage of Foreclosure Properties Sitting Empty Ticks Down ATTOM Data Solutions, curator of the nation’s premier property database, released its second-quarter 2021 Vacant Property and Zombie...
Month: May 2021
Fannie Mae Promotes Malloy Evans to EVP and Head of Single-Family
Appointment Underscores Fannie Mae's Commitment to Sustainable Homeownership Fannie Mae (OTCQB: FNMA) has appointed Malloy Evans to the position of Executive Vice President and Head of Single-Family, effective immediately. Evans was previously Senior Vice President and Chief Credit...
Technology Company Obie Launches to Reinvent the Investment Property Insurance Process, Saving Landlords and Real Estate Investors as Much as 30%
Emerging InsurTech innovator Obie unveiled its new insurance offering, specifically targeting landlords and investment property owners. Obie’s instant quote platform for landlords, the first of its kind, delivers the coverage these small businesses need through a dramatically improved,...
Realogy Accelerates RealSure(SM) Expansion to Meet Consumer Demand; Six New U.S. Markets Launched
Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, and Home Partners of America, a leading residential real estate investment and management company, announced the accelerated expansion of real estate cash...
Black Knight’s First Look: Mortgage Delinquencies Decline Another 7% in April
-- The number of past-due mortgages improved again in April, as the national delinquency rate fell to 4.66% from 5.02% in March -- New delinquencies rose 23% from March's record lows, but are down 33% from April 2019, while more than 400,000 (14% of) homeowners past-due on their mortgages became...
SingleSource Property Solutions Expands Title License into Alabama and New Mexico
SingleSource, a provider of title and settlement, valuation, real estate-owned (REO) asset management, field services, and document management services, has expanded its title agency licenses into the states of Alabama and New Mexico. The company is approved to issue title insurance throughout the...
For Low-Tax States, Four People Move In For Every One Person Who Leaves
The trend is reversed in high-tax states, where an average of 2.5 people leave for every one person who moves in For states with the lowest taxes, an average of four people moved in from other parts of the country for every one person who left over the last eight years, according to a...
Economy Expected to Heat Up Through the Summer as Inflation Risks Mount
Lack of Listings and Increasing Supply Constraints Continue to Limit Existing and New Home Sales Expectations for full-year 2021 economic growth were revised upward in May to 7.0 percent, a modest improvement from last month's projection of 6.8 percent, attributable primarily to...
Fannie Mae Announces Sale of Non-Performing Loans
NPL 2021-1 Includes the Company's Seventeenth Community Impact Pool Offering Fannie Mae (OTCQB: FNMA) announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio, including the company's seventeenth Community...