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Chopra warns of post-COVID housing market fallout

Housing Wire

In his confirmation hearing Tuesday before the Senate Banking Committee , Chopra, President Joe Biden’s choice for director of the Consumer Financial Protection Bureau , emphasized that the CFPB has to be ready for housing market fallout due to the pandemic. housing market currently has about 2.6 Elizabeth Warren’s (D-Mass.)

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Financial services firm Consolidated Analytics acquires Real Info

Housing Wire

With the acquisition , Consolidated Analytics expands its valuation solutions, offering clients tools — from data and analytics to appraisals — to predict market value and access a more comprehensive selection of collateral assessment products, the company said. Terms of the deal were not disclosed.

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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system.

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Part 2: Current State of the Housing Market; Overview for mid-December

Calculated Risk Real Estate

Yesterday, in Part 1: Current State of the Housing Market; Overview for mid-December I reviewed home inventory and sales. Asking Rents Decline Year-over-year Tracking rents is important for understanding the dynamics of the housing market. House Prices The Case-Shiller National Index increased 3.9% This is historically very low.

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Housing Tech Rundown: Quantarium, Equifax and Ellie Mae

Housing Wire

Artificial Intelligence company Quantarium announced on Thursday its partnership with Valligent Technologies to launch a condition adjusted “Quantarium Valuation Model” for equity lending, broker price opinions and real estate owned valuations.

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San Jose Real Estate Market & Investment Overview

Marco Santarelli

We will discuss the latest San Jose real estate market trends. The San Jose's housing market is infamously expenisve. San Jose Remains a Seller's Real Estate Market in 2021. A seller's market arises when demand exceeds supply. Median Days on Market was 8. year-over-year.

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Five Types of Forclosure and Tips for Purchasing Each Type

Realty Biz

Bank-Owned Properties. Properties that did not sell at auction go into the lending bank’s sole ownership. These are referred to as REO or real estate owned. You can, of course, also ask your real estate agent to help you find these types of properties. Government-Owned Properties .