How’s foreclosure recovery looking — and where are the pain points?

The U.S. Treasury, HUD (Department of Housing and Urban Development) and FHFA (Federal Housing Finance Agency) have combined to write a new “white paper” on foreclosure prevention — it was released on Monday. Much as I hope that its conclusions will not have to be used in large numbers any time soon, it is by far the best foreclosure work to come out of the government during or since the late Bubble …

Daily market update: July 27, 2016

Mortgage rates plus all the latest real estate market news …

Black Knight: Q2 foreclosure starts reach 16-year low

Black Knight Financial Services released its First Look report for the second quarter of June 2016, which boasted the lowest level of first-time foreclosure starts in 16 years. Furthermore, prepayment speeds sprung to a 12-month high that mirrors an ov…

Daily market update: July 26, 2016

Mortgage rates plus all the latest real estate market news …

Daily market update: July 25, 2016

Mortgage rates plus all the latest real estate market news …

What to pay attention to in the finance ‘silly season’

In the news business, the end of July through August is known as the “silly season.” So slow that page one carries “Man Bites Dog.” So it is in finance, also. My parents and grandparents were political junkies, scattered from Bull Moosers to Dixiecrats. They did manage polite discussion. Constantly …

Distressed home sales falling nationwide, but not in all metros

Distressed homes accounted for 8.8 percent of the total national home sales in April 2016, according to CoreLogic. Although this number is still not at the comfortable level America was enjoying pre-housing crisis, it’s a sign that things are leveling …

Daily market update: July 22, 2016

Mortgage rates plus all the latest real estate market news …

Renting vs. owning, state by state

With mortgage rates at or nearing record lows, owning a house is becoming more and more in reach to renters. GoBankingRates.com analyzed median rent prices and median home prices for single-family homes in all 50 states to determine the best places to …

Podcast: What’s up with reverse mortgage products and purchase reverse mortgages?

This week, Inman Real Estate Radio is pleased to welcome Mike Banner, the president of the Professional Mortgage Alliance and the founder of the American CE Institute. On this week’s show, Mike explains the big change in reverse mortgage products as well as a relatively new product called a purchase reverse mortgage …