Homeownership has plummeted in recent years – a decline apparent across nearly all demographic groups. But one group has bucked the trend
“Housing is not repeating the bubble period of 2000-2006,” says S&P director
For this grandma, getting run over by a reindeer is the least of her worries this holiday season. The 75-year-old woman was sentenced to 14 years in prison for her role in a massive real estate fraud scheme.
U.S. households are unhappy with their current living situations and they’re planning on doing something about it. Americans will spend more than $7.4 trillion on home purchases and more than $700 billion renovating their current homes.
MPA sat down with Drew Waterhouse, CEO of Hammerhouse LLC, to discuss why surveys are vital to the mortgage industry and its recently launched fifth Annual Survey of Originator Opinions.
It's official. The government-sponsored enterprises have announced their options for home buyers that will allow for a down payment as low as 3%.
Borrowers in the suit claim a subprime servicer, previously owned by the bank, kept charging monthly late fees even after their mortgages went into default.
Say goodbye to the era of low rates as they are expected to increase next year, according to the association's five top housing predictions for 2015. The report also showed first-time home buyers are expected to re-emerge in the new year after mostly staying out of the market in the aftermath of the housing crisis