Month: May 2021

Using an Alternative Scoring Model to Expand the Credit Box

first_img Related Articles February 15, 2016 1,609 Views The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Using an Alternative Scoring Model to Expand the Credit Box Tagged with: Credit Scoring Fannie Mae First-Time Homebuyers Freddie Mac Trulia Demand Propels Home Prices Upward 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Tackling Title: Professionals are Well-Positioned to Face the Industry’s Challenges Next: New York Fed CEO: Economy and Homeowners Are in a Better Position than You Think in Daily Dose, Featured, News Servicers Navigate the Post-Pandemic World 2 days ago Subscribe  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Using an Alternative Scoring Model to Expand the Credit Box Credit Scoring Fannie Mae First-Time Homebuyers Freddie Mac Trulia 2016-02-15 Brian Honea The Week Ahead: Nearing the Forbearance Exit 2 days ago Fannie Mae and Freddie Mac consider only the FICO credit scoring model when making mortgage purchase decisions, but some believe that this singular method of scoring is locking potential buyers out of the housing market and cutting into lenders’ businesses.A bill introduced in December 2015 is trying to change this singular model and move toward a more multifaceted model. The H.R. 4211 bill, also titled the “Credit Score Competition Act of 2015,” was introduced by U.S. Rep. Ed Royce (R-California) and U.S. Rep. Terri Sewell (D-Alabama)—both members of the House Financial Services Committee—to the House of Representatives.”The bill could positively impact millions of Americans who cannot currently secure mortgages or are forced to pick from less than stellar options simply because the system in place today doesn’t truly measure how financially responsible they are.” Trulia Both Reps. Royce and Sewell announced on their websites that the bill would allow Fannie Mae and Freddie Mac to consider alternative credit-scoring models instead of just the FICO model. This  would open up homebuying options for many consumers whose credit does not meet the current standards.“The GSEs’ use of a single credit score is an unfair practice that stifles competition and innovation in credit scoring. Breaking up the credit score monopoly at Fannie and Freddie will also assist them in managing their credit risk and decreases the potential for another taxpayer bailout,” Rep. Royce said.A recent report from Trulia showed that the use of alternate credit scoring models would help buyers obtain a mortgage that normally would have missed out on. Fannie Mae and Freddie Mac own about 90 percent of the secondary mortgage market, so there is no room for competition in the credit-scoring industry, which Trulia says is hindering innovation.”The model currently used to score borrowers is based on data from nearly 20 years ago and excludes millions of people that companies like Experian say are creditworthy but whose scores don’t reflect that under the system in place today,” Trulia said. “The current credit-scoring model also effectively punishes borrowers who don’t have much of a credit history; a short or nonexistent credit history can drag down overall scores. With this system, if you’re financially responsible, a diligent saver, and debt-free, you could still miss out on a mortgage because you don’t utilize credit in your day-to-day life (some people do prefer to use cash).”The FICO credit scoring system does not take into account that not everyone has access to traditional forms of credit that boost FICO scores, Trulia reported.”The bill could positively impact millions of Americans who cannot currently secure mortgages or are forced to pick from less than stellar options simply because the system in place today doesn’t truly measure how financially responsible they are,” Trulia concluded.Click here to view the full Trulia report. Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily About Author: Xhevrije Westlast_img read more

AMDC Announces New Leadership from BofA

first_imgHome / Daily Dose / AMDC Announces New Leadership from BofA Servicers Navigate the Post-Pandemic World 2 days ago AMDC Announces New Leadership from BofA Data Provider Black Knight to Acquire Top of Mind 2 days ago August 28, 2017 1,988 Views The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago American Mortgage Diversity Council 2017-08-28 Brianna Gilpin in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago  Print This Post Previous: Arch MI Announces Enhanced Integration with Mortgage Cadence LFC Next: SecureView to Donate $100,000 to Red Cross Harvey Relief Efforts Tagged with: American Mortgage Diversity Councilcenter_img The American Mortgage Diversity Council (AMDC) has taken another step to promote inclusion with the recent addition of Kathy Cummings, SVP, Homeownership Solutions and Affordable Housing Programs at Bank of America, to its council as co-chair. Cummings joins co-chair Michael Ruiz, Director of Supplier Diversity at Fannie Mae, in their mission to create a diverse and inclusive mortgage industry for all.Cummings joined Bank of America in 2003 as the Technology Service Delivery Manager and then as the National Pricing Manager. She has been in her current position, where she manages non-profit strategic relationships and the bank’s Connect to Own fee-for-service program, since 2008.“It’s an honor to have the opportunity to impact the mortgage industry in a way that goes beyond everyday operations,” Cummings said. “The American Mortgage Diversity Council’s focus is one that is in line with my own core values, and I am eager to further their, and now our, mission.”Cummings, University of Missouri-St. Louis alumna, brings over 25 years of experience to AMDC, with previous positions at National Production LOS, JPMorgan Chase, Wells Fargo, and Prudential Home Mortgage. Beyond her career at Bank of America, she volunteers in underserved communities, is a member of the Community Link Board of Directors, NCHEC Advisory Council, and the National Industry Standards Advisory Council.“Having someone of Kathy’s accomplishment join AMDC as co-chair is further evidence of how this organization brings leadership to the forefront,” Ed Delgado, President and CEO of The Five Star Institute said.For more information on AMDC, you can visit their website here. The AMDC will be meeting at the 14th annual Five Star Conference and Expo at the Hyatt Regency in Dallas, Texas, September 18-20. For more information on the conference, including how to register, click here. Related Articles Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save About Author: Brianna Gilpin Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more

The Week Ahead: The Fed Addresses Interest Rates, Inflation

first_img April 26, 2019 1,210 Views Tagged with: Federal Reserve FOMC Interest rates Jerome Powell About Author: Seth Welborn On Wednesday, the Federal Open Market Committee (FOMC) Chairman Jerome Powell and the FOMC will hold the Committee’s next meeting and press conference. During March’s meeting, the FOMC announced that the Fed does not intend to raise rates this year, keeping interest rates steady at a range of 2.25 and 2.5 percent. Powell noted solid job gains and low unemployment rates, as well as little change in payroll employment in February.The FOMC also noted that inflation has declined in the past year, citing lower energy prices, though inflation for items other than food and energy has remained at around two percent. In a statement. The FOMC stated that a rate hike may still be possible.“The Committee continues to view sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee’s symmetric 2% objective as the most likely outcomes,” said the FOMC in a statement. “In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes.”According to LendingTree Chief Economist Tendayi Kapfidze, the Fed’s outlook may be an overreaction resulting from December’s market volatility and the recent government shutdown.“In our interpretation, the Fed may be overreacting to market volatility that occurred in December and distortions to economic activity and data from the government shutdown,” Kapfidze stated. “While many measures of economic growth have slowed, sentiment data which is more timely has rebounded from those declines. There are also seasonal distortions that have been occurring in the first quarter, with the economy often accelerating in the second and third quarter.”Here’s what else is happening in the Week Ahead:Conference Board Consumer confidence index—Tuesday, 10 a.m. ESTNAR Pending Home Sales Index—Tuesday, 10 a.m. ESTSenate Banking Committee Hearing—Tuesday, 10 a.m. ESTFannie Mae First Quarter 2019 Financial Results—Wednesday, 8 a.m. ESTCensus Bureau Construction Spending Report—Wednesday, 10 a.m. EST Previous: FHFA Checks in on Fannie Mae and Freddie Mac Next: Freddie Mac, Appraisal Institute Offer Manufactured Housing Valuation Training  Print This Post Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Share Save The Week Ahead: The Fed Addresses Interest Rates, Inflation Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / The Week Ahead: The Fed Addresses Interest Rates, Inflationcenter_img Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Federal Reserve FOMC Interest rates Jerome Powell 2019-04-26 Seth Welborn The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Sign up for DS News Daily in Daily Dose, Featured, Government, Newslast_img read more

Optimism in the Housing Market

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Previous: Fed to Release Economic Update Next: Eye on Recent Delinquency Rate Increases November 22, 2019 2,388 Views Optimism in the Housing Market Related Articles Demand Propels Home Prices Upward 2 days ago 2019-11-22 Seth Welborn About Author: Seth Welborn Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Sign up for DS News Daily Editor’s note: This feature originally appeared in the November issue of DS News, now available onlineDr. Ralph DeFranco has a Ph.D. in Economics from UC Berkeley and 20 years’ experience in housing finance and risk management, having served in various roles at Freddie Mac, JPMorgan Chase, and CoreLogic. As an expert on the housing industry, DeFranco is a frequent speaker at mortgage-related conferences. DeFranco spoke to DS News about industry issues unique to California, as well as the threat of a recession and ongoing natural disasters.Do you believe a recession or economic downturn is on the horizon in the near term?I don’t see any sort of national housing bubble as likely. Things are vastly different now than they were in 2005—in fact, they’re near opposites. Back then, we had irrational exuberance of buyers. Now, we have cautious buyers. Back then, we had horrible inequality. You could get a no-documentation loan even if you had a proven record of not paying your bills. Now, it’s the complete opposite. It’s extremely tight lending quality, and people aren’t as heavily leveraged. Back then, people were taking out home equity, but we’re seeing much smaller activity now. Back then, we had thinly capitalized banks and financial institutions. Now, banks are sitting on record amounts of capital.We’re under-built by probably at least a million units. We are not expecting a recession, but if we do go into a recession, I think it will be mild for housing, just because we are experiencing such a housing shortage. Home price declines are certainly possible in the most expensive areas such as California, Denver, or Seattle, but I don’t see it getting out of control like it did last time. In fact, I think the next recession would be more like the recessions prior to the most recent one. If you go back in time, the previous four recessions had no home price declines nationally. I think we will be closer to that, where the damage to housing is short-term and limited.Could you speak more about the ongoing inventory shortages? Do you see any relief from that coming?Inventory is tight coast to coast. At the end of last year, when interest rates were spiking up towards 5% for 30-year fixed rate mortgages, we were seeing inventory starting to pile up in places like California, and the housing market really went sideways. The market is as strong as it can be given the limited inventory, so there would be more home sales if there were more available. There’s a lot more inventory piling up in the million-plus-dollar sectors, and that makes sense because of the changes in the tax law.The tax law used to heavily subsidize homeownership, and so there was an incentive to buy a larger home. Now that incentive is gone. There’s a shift. Parts of the country such as Illinois and Connecticut are actually seeing stagnant or even falling populations as people migrate towards lower tax areas with stronger climates. We’re definitely seeing several trends that are playing out, but in terms of inventory, it’s generally quite low, especially for the first-time homebuyer or entry-level market. It is higher than it’s been in recent years at the upper end of the market. The story is not universally low inventory; it’s just a mixed bag.How are millennials impacting the housing market?They’re definitely the dominant homebuyer. They are a major force in the housing market, and lenders and loan officers need to understand how to work with them. They expect personal contact, but also 24-hour access with texting and online abilities. I think they’re a little bit baffled by why the mortgage origination process is so painful and not as streamlined as other experiences they have. There’s work that needs to be done there. Half the jobs created last year were in only 17 cities. When you ask college students, “Where would you like to work?” it’s always the same five or 10 cities.The homeownership rate for this generation will likely be lower than previous generations, just because of the nature of work and the fact that this generation and our newer generations are a little more interested in keeping their freedom. In general, however, the aspirations for homeownership are still there, and some millennials are acting on that, especially once they get married and have children.How do damaging natural disasters impact housing?The cost for natural disasters have been doubling every decade, even when you account for inflation, and that’s because we’ve been building in more marginal areas. There also seems to be an increase in the severity of floods and hurricanes and so forth. I don’t see that as likely to change. The costs are going to continue to increase, and so it’s an increasing burden on homeowners as insurance costs go up.I live in California, and the cost of fire insurance has gone up dramatically for the people in these fire-prone areas. It is understandable, but it’s certainly a hit to their finances and one more reason to think about moving.Likewise, Florida has the highest insurance costs in the country, which is understandable given the hurricanes. The National Flood Insurance Program is also typically underpriced. I wish the National Flood Insurance Program would try to step back from their footprint on insurance and make it more fairly priced, because it encourages building in areas that are going to get hit.There hasn’t been a fundamental shift in pricing related to natural disasters as of yet, and part of that is because Freddie Mac, Fannie Mae, and the FHA don’t price on the natural hazard risk. The national uniform pricing goes for simplicity because it’s regulated by the government. You can understand senators in a particular state not wanting their homeowners to have to pay higher rates. Unless we can find a way to step back or strengthen government exposures to risk and footprint and housing, I don’t see any change coming.A study from Zillow shows how many homes will be underwater in 2100, which isn’t that far off. If the forecast of six feet of ocean rise comes to pass, we would see something like a million homes in Florida literally underwater. That’s certainly going to be a disaster, but it’s slow. The oceans are rising a fraction of an inch each year. There’s been no changes yet, and it could be a very long time before we reach some sort of tipping point where everybody decides, “I’m not going to write a mortgage on this property because of the risks.” You do have to wonder if that day will come, because it is a 30-year mortgage. I don’t see it coming in the near term.What are the primary misconceptions you encounter about the current state of the housing market?There’s too much fear of a major downturn. I’m looking at the fundamentals because we’re under-built versus being overbuilt. The downward spiral that we got into last time isn’t going to happen. There will be pain, there will be some foreclosure increases, but we won’t see it feeding on itself like we did last time. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News, Print Features Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe The Week Ahead: Nearing the Forbearance Exit 2 days ago Home / Daily Dose / Optimism in the Housing Market  Print This Post The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

DS5: How the Government Assists Mortgage Servicers

first_imgHome / Daily Dose / DS5: How the Government Assists Mortgage Servicers Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save June 9, 2020 1,181 Views Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago DS5: How the Government Assists Mortgage Servicers Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago DS5 2020-06-09 Seth Welborn The Best Markets For Residential Property Investors 2 days ago About Author: Seth Welborn The Week Ahead: Nearing the Forbearance Exit 2 days agocenter_img Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Featured on today’s episode of DS5: Inside the Industry is Jeremy Serfling , Senior Director of Product Management and Mortgage Lead at Equifax. Jeremy will delve into how the federal government can better assist mortgage servicers. Serfling also discusses how services can ensure prospective buyers have an equitable path to homeownership, with a focus on technology.“Servicers more than ever are taking advantage of the insights that come from deploying data-drive technologies,” said Serfling.You can watch the episode here or at the embed below. Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Media, News, Technology, Webcasts Related Articles  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: DS5 Previous: Mark Calabria: More Work to be Done in Housing Next: Wells Fargo Names New Chief Economistlast_img read more

Supreme Court to Address FHFA’s Constitutionality, Autodialers

first_imgHome / Daily Dose / Supreme Court to Address FHFA’s Constitutionality, Autodialers Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 1 day ago About Author: Mike Albanese The Week Ahead: Nearing the Forbearance Exit 2 days ago Supreme Court to Address FHFA’s Constitutionality, Autodialers Data Provider Black Knight to Acquire Top of Mind 1 day ago The U.S. Supreme Court on Thursday announced it will hear appeals in a case challenging the constitutionality of the Federal Housing Finance Agency’s single-director structure.”The Seila Law decision does not directly affect the constitutionality of FHFA, including the for-cause removal provision. FHFA looks forward to the U.S. Supreme Court taking up the Collins case and clarifying these important issues,” the FHFA said in a statement.Last week the high court ruled that the Consumer Financial Protection Bureau (CFPB) was unconstitutional due to its single-director structure.“The CFPB’s single-director configuration is also incompatible with the structure of the Constitution, which—with the sole exception of the Presidency—scrupulously avoids concentrating power in the hands of any single individual,” the ruling states.Additionally, the court said its director “must be removable by the President at will.”In response, the CFPB named Thomas Pahl as Deputy Director of the Bureau.The high court also announced it was joining the debate on what qualifies as an autodialer under the Telephone Consumer Protection Act (TCPA), according to Law360.This comes after Facebook challenged the Ninth Circuit Court’s ruling that broadly defined the term.Nine months after Facebook asked the justices to review a lawsuit, the Supreme Court said in its order of the term that it would weigh Facebook’s request to clear up the growing circuit split over what types of dialing equipment trigger liability under the statute.This decision comes days after the Supreme Court announced Monday that it has invalidated a 2015 amendment from the Telephone Consumer Protection Act (TCPA), and ruled Congress “impermissibly favored” debt-collection speech over political speech—violating the First Amenent.Justice Brett Kavanaugh said that while Americans disagree about many things, they are “largely united in their disdain for robocalls.”Justice Kavanaugh added that the Federal Government received 3.7 million complaints regarding robocalls in 2019.The TCPA was initially passed in 1991, which prohibited robocalls to cell phones and home phones. However, a 2015 amendment to the TCPA allowed robocalls that are made to collect debts owed to or guaranteed by the federal government, such as mortgage debts.Justice Kavanaugh added that while the entire 1991 restriction should not be invalidated, the 2015 government-debt exception must be “severed from the remainder of the statute.”Robocalls based on political speech are still not allowed, but they are treated equally with debt-collection speech.The 2015 amendment was passed under President Barack Obama’s Bipartisan Budget Act.In 2018, the National Mortgage Servicing Association (NMSA) sent a letter to the FCC requesting clarifications and guidance regarding the implementation of regulations imposed by the TCPA.In March 2018, the U.S. Court of Appeals for the District of Columbia Circuit issued a ruling in the case of ACA International v. FCC, clarifying several issues with regard to consumer and industry rights pertaining to robocalls and texts sent to consumers. While industry groups hailed this as a step in the right direction, there are still many questions that need answering with regard to how TCPA regs apply to servicers and the financial services industry. Demand Propels Home Prices Upward 1 day ago in Daily Dose, Featured, Government, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago July 9, 2020 1,259 Views Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. center_img Data Provider Black Knight to Acquire Top of Mind 1 day ago Lenders Supreme Court TCPA 2020-07-09 Mike Albanese The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Related Articles Previous: Unemployment Claims Rise to 3.2M Next: FHA, FHFA Announce Extended Assistance for Homeowners Tagged with: Lenders Supreme Court TCPA Subscribe Share Save Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days agolast_img read more

Supply Concerns Add to Inventory Woes

first_img The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago A full year into the pandemic, and the housing market, while flourishing in some areas, has found its inventory having dropped 32.5% from March 2020 year-over-year. These findings come courtesy of HouseCanary’s “One Year Later: Understanding COVID-19’s Impact on the U.S. Housing Market” report, detailing a full-year impact of the pandemic on the nation’s housing market.The drop in housing supply from March 2020 to March 2021 was partially the result of the rising costs of supplies, such as lumber, which have been hard to come by during the pandemic due to global supply chain issues. The National Association of Home Builders (NAHB) recently reported that the price of lumber has tripled over the past year, forcing the price of a new single-family home to rise $35,872 on average.And with the dip in inventory, the number of listings under contract rose 4.6% during the first year of the pandemic, outpacing 2019’s figures. This spike in demand occurred as mortgage rates sat near historic lows, government relief arrived and millions of Americans yearned for more space in the new work-from-home environment.“Although most crises tend to trigger a surge in listings for sale and downward pressure on prices, the past year saw many homeowners sit on their equity, while eager homebuyers bid up the market,” said Chris Stroud, Co-Founder and Chief of Research for HouseCanary.Brittany Murphy, Principal Data Scientist for HouseCanary added, “Our analysis suggests that increased household formation in suburban areas and more work-from-home opportunities may perpetuate this supply-demand discrepancy for the foreseeable future.”The study also found that homes spent a median of 12 fewer days on the market, compared to the same period the year prior, due to an increasing number of buyers chasing an ever-shrinking set of available inventory throughout 2020. The median listing price increased by 15.0%, while the median closing price jumped 18.7% from March 2020 to March 2021. During the same period, the median listing price per square foot increased by 19.0%, with the median closing price per square foot rising 17.5%.Click here to view HouseCanary’s “One Year Later: Understanding COVID-19’s Impact on the U.S. Housing Market” report. Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. Related Articles Brittany Murphy Chris Stroud COVID-19 HouseCanary National Association of Home Builders (NAHB) 2021-05-06 Eric C. Peck Home / Daily Dose / Supply Concerns Add to Inventory Woes Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Previous: How Parents Feel About the Homes They Lead Next: FHFA Seeks Input on Short-Term Rentals Subscribe Supply Concerns Add to Inventory Woes  Print This Postcenter_img The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Journal, News About Author: Eric C. Peck Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Brittany Murphy Chris Stroud COVID-19 HouseCanary National Association of Home Builders (NAHB) 24 days ago 3,127 Views Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Teenager arrested after 24 year old man is killed in Derry

first_imgHomepage BannerNews WhatsApp 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this week Pinterest Google+ WhatsApp Need for issues with Mica redress scheme to be addressed raised in Seanad also Teenager arrested after 24 year old man is killed in Derry Previous articleSuccessful day for local schools at Ulster athletics competitionNext articleSunday Times says Clarke Report clears GSOC in investigation of Sergeant’s death admin Facebookcenter_img Pinterest Minister McConalogue says he is working to improve fishing quota Twitter Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton By admin – May 22, 2016 Facebook A teenager has been arrested on suspicion of murder following the death of a man in Derry last night.The 24 year old was assaulted in the Milldale Crescent area at about 10.25 last evening during what police have described as an altercation. He was rushed to hospital, where he later passed away.Another 24 year old man also received injuries to his head in the incident, but these are not believed to be life threatening.Detective Chief Inspector Michael Harvey confirmed in a statement this morning that a 16 year old male youth was arrested shortly after midnight. He appealed to anyone in the community who knows anything about the circumstances leading up to this incident, or saw or heard an altercation in the Milldale Crescent area, to contact policeFoyle MLA and Deputy First Minister Martin Mc Guinness said there is a live police investigation into this incident, and it should be allowed to go ahead.He encouraged anyone with information to contact the PSNI. RELATED ARTICLESMORE FROM AUTHOR Twitterlast_img read more

Unemployment Conference will help agencies assist those out of work

first_imgNewsx Adverts WhatsApp By News Highland – October 21, 2010 LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebook Minister McConalogue says he is working to improve fishing quota Facebook Google+ The Chairperson of the Donegal County Development Board says the outcome of a conference on unemployment held in the county yesterday will be that agencies in the county will be better briefed on the needs of people who are out of work at present.The event, held as part of Social Inclusion Week in the county, say unemployed people share their perspectives and experiences, including problems experienced in accessing training and services.Cllr Dessie Larkin says the board will now collect everything that came up during the discussions and workshops, and that will help inform future policy:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/10/dessi830.mp3[/podcast] Need for issues with Mica redress scheme to be addressed raised in Seanad also WhatsApp Twittercenter_img 70% of Cllrs nationwide threatened, harassed and intimidated over past 3 years – Report Google+ Dail hears questions over design, funding and operation of Mica redress scheme RELATED ARTICLESMORE FROM AUTHOR Pinterest Pinterest Previous article10th Annual IT and Telecommunications Conference gets under way at LYIT todayNext articleBlaney launches petition to highlight need for new Letterkenny Link News Highland Unemployment Conference will help agencies assist those out of work Twitter Almost 10,000 appointments cancelled in Saolta Hospital Group this week last_img read more

Public reminded of meeting over future of AIB building in Derrybeg tomorrow

first_img Previous articleGardai advise of road closures during tomorrows Royal Black Preceptory parade in RaphoeNext articleTeenage boy in serious condition following motorbike crash in County Derry admin People are being reminded that a public meeting over the future of the AIB building in Derrybeg is taking place tomorrow night.A for sale sign appeared outside the building some weeks ago, prompting calls for it to be gifted to the local community.The meeting is taking place in Ionad Naomh Pádraig in Dobhar at 8pm tomorrow evening.One of the organisers of the meeting is Danny Brown :Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/08/Dannybrown.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Man arrested on suspicion of drugs and criminal property offences in Derry 365 additional cases of Covid-19 in Republic Twitter Google+ Further drop in people receiving PUP in Donegal Gardai continue to investigate Kilmacrennan fire Pinterest RELATED ARTICLESMORE FROM AUTHOR Twitter 75 positive cases of Covid confirmed in North center_img By admin – August 26, 2016 WhatsApp Pinterest Facebook Facebook WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th Homepage BannerNews Public reminded of meeting over future of AIB building in Derrybeg tomorrow Google+last_img read more