Mixed bag in June construction: Starts bounce back, but permits lag
Reading Time: 2 minutesJune residential construction data offered a mixed bag of results in June, with housing starts beati… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Apartment rent growth spikes to record levels nationwide
Reading Time: 2 minutesMultifamily asking rents jumped 6.3% year over year in June, the largest annual increase seen by Yar… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Fannie Mae’s home-price forecast jumps to nearly 15% for 2021
Reading Time: 2 minutesWith home price growth showing few signs of losing momentum, Fannie Mae’s Economic and Strategic Res… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Lending industry still feeling impact from Cloudstar ransomware attack
Reading Time: 2 minutes[Editor’s Note: This is a developing story. Scotsman Guide will update the story as it develops.] Cl… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Guaranteed Rate forms new company, new loan program from Interfirst and more
Reading Time: < 1 minuteGuaranteed Rate and Compass, Inc., have announced a definitive agreement to form OriginPoint, a new … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Citing success of COVID-19 policies, FHFA rescinds ‘adverse market refinance fee’
Reading Time: 2 minutesThe Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac will do away… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, July 12-July 16
Reading Time: 3 minutesAnchor Loans has announced that Matt Miles has joined the company as chief capital markets officer. … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Second-home demand wanes for first time in a year
Reading Time: 2 minutesDemand for second homes has fallen for the first time in a year, with the number of buyers across th… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
With credit requirements loosening, purchase loan share hits 15-month high
Reading Time: 2 minutesThe percentage of residential mortgages tabbed for home purchases hit 47% in May, the highest purcha… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Forbearances continue to fall; more big improvement ahead?
Reading Time: 2 minutesIndustry data is showing that more and more borrowers continue to leave forbearance plans, with the … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
