Renters are more likely than homeowners to feel disconnected from their neighbors, according to a Redfin-commissioned survey of 894 renters and 805 homeowners aged 18 to 65.
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The recent CoreLogic Homeowner Equity Insights report for Q3 shows a continued positive trend of a lack of underwater mortgages in America today. Underwater mortgages — where borrowers owe more on their home than what it is worth — pose a risk of foreclosure and hinder people from selling their homes, something that was rampant…
The Mortgage Bankers Association (MBA) this week published a proposal for Ginnie Mae to develop a new mortgage securitization product that could boost the availability of private capital liquidity sources into the market, particularly in periods of stress for the U.S. economy. Importantly, the association said that the recent development of Ginnie Mae’s new, complementary…