[ZAIT-gaist] Part of speech: noun Origin: German, mid-19th century Definition: The defining spirit or mood of a particular period of history as shown by the ideas and beliefs of the time. Examples of zeitgeist in a sentence "She wanted to embrace the zeitgeist of the 1980s for...
Major Home-Ownership Costs Require 30 Percent of Average National Wage in Third Quarter of 2022; But Portion of Wages Needed for Home Ownership Dips as Home Prices Decrease Quarterly, to $340,000; Historic Affordability Remains Worse Than Average Almost Everywhere Across Nation...
Financial services veteran brings more than 30 years of finance, real estate, and community development expertise and a strong commitment to affordable housing. Fannie Mae announced that it has appointed Priscilla Almodovar as Chief Executive Officer (CEO) and member of the Board of...
[lō-ˈkwā-shəs] Part of speech: adjective Origin: Latin, mid 17th century Definition: Tending to talk very freely; extremely talkative; characterized by excessive wordiness. Examples of loquacious in a sentence "I would've arrived on time if it weren't for a long conversation...
MCS (the “Company”), one of the nation’s leading providers of property services, announced that Chaz Mueller has joined its Board of Directors as an Independent Director effective immediately. Mueller brings more than 25 years of senior executive leadership experience within the single-family and...
The national delinquency rate fell 3.6% in August to 2.79%, just 4 BPS above May 2022's record lowImprovement was broad based, with the number of borrowers a single payment past due falling by 4% and those 90 or more days delinquent down 4.5%After dropping steadily over recent months, cure...
[sih-TOO-ter-ee] Part of speech: noun Origin: Scottish, 1920s Definition: A small building or area where people can sit outside; a summer house, conservatory, or gazebo. Examples of sitooterie in a sentence "The sitooterie was set up for a small afternoon party." "She enjoyed...
Outsourcing or hiring in-house compliance experts are no longer the only options for servicers who need help handling lien releases and assignment of mortgage documents. With the use of PerfectDocs technology, virtually anyone can prepare, validate, execute, notarize and even record these...
Housing Expected to Cool Even Further as Mortgage Rates Move Higher Economic growth is projected to resume in the second half of 2022, but the combination of high inflation, monetary policy tightening, and a slowing housing market is likely to tip the economy into a modest recession in the new...
