Keep pulling the thread on FICO 10.
As of March 1st, new FinCEN reporting requirements are mandatory for certain real estate transactions to prevent money laundering.
United Wholesale Mortgage's mortgage origination volume dropped to $36 billion in 2022 and then to a cycle low of $14 billion in 2023.
For the first time since 1995, foreign central banks collectively hold more gold than U.S. Treasuries.
Home prices in Western Montana have been driven to historically high levels, unaligned with local wages, due to an influx of retirees from California.
The transition for mortgage lenders to use new credit scoring models like VantageScore and FICO 10 is on the horizon but currently has no official timeline for implementation.
Fannie Mae and Freddie Mac have a database containing every appraisal conducted for their loans since 2013, which they use to power their appraisal waiver programs.
The number of active single-family homes for sale nationwide in the United States dropped from 700,000 to 690,000 in the past week.
The share of U.S. properties with price reductions is currently 32.7%, compared to 34% at the same time last year.
Housing markets in the Southeast United States are experiencing price weakness, which may be correlated with a higher concentration of FHA purchases.
The United States is far less dependent on oil today than during the oil crisis of the late 1970s and early 1980s.
United Wholesale Mortgage's mortgage origination volume was $140 billion in 2020 and $139 billion in 2021.
Zillow released a forecast predicting that nationwide housing affordability will improve in 2026, driven by lower interest rates.