How have two hurricanes impacted housing inventory?
Housing inventory, which saw an excellent pickup a few weeks ago, has been slowing down and last week we saw a slight decline. Has seasonality finally kicked in or did back-to-back hurricanes slow things enough to influence inventory data?Weekly housing inventory dataFour weeks ago was the best wee
Home sales are tepid, but mortgage fraud is becoming more common
CoreLogic’s risk index rose 8.3% in the past year, driven by more cases of identity and transaction fraudNew data shows that cases of fraud among mortgage applicants is on the rise — an eye-raising trend as demand from borrowers remains relatively quiet. The CoreLogic Mortgage Application Fraud Risk
Utah-based Realtor association no longer enforcing NAR’s Clear Cooperation
The real estate industry is currently divided over the National Association of Realtors’ Clear Cooperation Policy, but one local Realtor association and MLS has decided to move beyond just voicing an opinion.In an email sent to members on Oct. 3, Utah-based Park City Board of Realtors (PCBR) announc
Citadel agrees to pay $6.5M to settle DOJ’s redlining claims
The U.S. Department of Justice (DOJ) announced on Thursday a $6.5 million agreement with Citadel Federal Credit Union to settle allegations of lending discrimination in certain neighborhoods of Philadelphia with majority Black and Hispanic populations.This is the DOJ’s first redlining settlement inv
Walter Patrick
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