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News Updates

HOMEOWNER EQUITY SURGES ACROSS U.S. DURING Q2

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Eight Times More Properties are Equity-Rich Across U.S. Than Seriously Underwater Portion of U.S. Homes Considered Equity-Rich Up to 34 Percent Seriously Underwater Properties Down to 4 percent ATTOM, curator of the nation’s premier property database, released its second-quarter 2021 U.S. Home Equity & Underwater Report, which shows that 34.4 percent of mortgaged residential properties in the United States were considered equity-rich in the second quarter, meaning that the combined

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ASA Disappointed with Continued Exclusion of Appraisal Profession from Ongoing Federal Agency Efforts on Valuation Bias

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The Department of Housing and Urban Development (HUD) held a virtual event looking at bias issues surrounding the home valuation process. Notably, this event was held without any participants from the appraisal profession at the table. This marks the second event of its kind that has excluded appraisers or their representatives from these important conversations. On June 15th, the Consumer Financial Protection Bureau (CFPB) held their own valuation bias event, absent

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Realtor.com® Investor Report: Top Markets Where Investors Are Impacting the Inventory Crunch

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– Nationally, investors took more inventory off the market than they contributed in April; their purchases represented 5.7% of all home sales – Among the 50 largest U.S. metros, investors made the biggest contributions to inventory levels in: Atlanta, Dallas, Baltimore, Los Angeles and San Francisco – In April, investors took away the most inventory in: Phoenix, Charlotte, Miami, Tampa and Chicago Despite the common perception that investors are always

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Mr. Cooper Group Announces Two Executive Appointments

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Executive Team Expanded to Drive Portfolio Growth and Customer Experience Enhancements Mr. Cooper Group Inc. (NASDAQ: COOP) announced two additions to the executive leadership team as the company focuses on becoming the largest home loan company in the country, with a customer-centric culture and best-in-class digital tools. Shawn Stone was named Executive Vice President and Chief Revenue Officer and will focus on the company’s accelerated growth strategy, exploring new delivery channels

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RentSpree Raises $8 Million in Series A Funding to Enhance Collaboration Between Renters, Agents, and Owners

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Funding validates recent progress and significant market opportunity, enabling RentSpree to create the first platform allowing multiple parties to cooperate on a rental transaction. RentSpree raises $8 million in Series A funding. The funding round was led by 645 Ventures and additional investors including Green Visor Capital, and Vesta Ventures. RentSpree will use the investment to enhance its API-first integration capabilities and to provide the definitive platform for renters, agents,

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Illinois, Florida and New Jersey Dominate Markets Most at Risk from Damage Related to Coronavirus Pandemic

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Chicago Area and East Coast States Remain More Exposed to Pandemic’s Impact During Second Quarter of 2021; Most Vulnerable Areas Are More Scattered Around Nation Than in Prior Quarter; Western States Continue to Have Most Favorable Market Conditions ATTOM, curator of the nation’s premier property database, released its second-quarter 2021 Coronavirus Report spotlighting county-level housing markets around the United States that are more or less vulnerable to the impact of the ongoing

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