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A Trump Presidency and the Housing Market: Three Issues to Watch

A Trump Presidency and the Housing Market: Three Issues to Watch

After the dramatic Presidential election of Donald Trump, there’s no doubt that the American economy is facing some major changes — particularly the real estate sector. Housing affordability and availability were largely absent from the pre-election discussion, leading many to wonder precisely what the future will hold. After a long and shaky recovery from 2008’s… Read more »

Is the Future of American Home Ownership Truly All Gloom and Doom?

Is the Future of American Home Ownership Truly All Gloom and Doom?

Anyone who has been paying attention to real estate sector news knows that American homeownership rates — actively declining for over ten years — are now at a half-century low. Combined with financial turmoil both international (Brexit) and domestic (a contentious Presidential election, TRID-spurred compliance issues), many mortgage and property professionals are predicting a pessimistic… Read more »

To Boost Lending to Millennials and Minorities, Start by Hiring Them

To Boost Lending to Millennials and Minorities, Start by Hiring Them

The demographics of the U.S. are shifting as millennials and minorities are making up a larger share of the population. This transition creates a phenomenal opportunity for mortgage lenders to serve these groups as they look to purchase homes. Millennial Homeownership Post-crisis homeownership rates for millennials and minorities nonetheless remain depressed. During the second quarter… Read more »

Active Foreclosures Hit Nine-Year Low

Active Foreclosures Hit Nine-Year Low

Black Knight Financial Services’ monthly mortgage report shows that only 1% of all loans are in active foreclosure. By that metric, the housing market is healthier than it has been at any point since the financial crisis began. Foreclosures in September According to data in Black Knight’s “First Look” at September’s mortgage data, the 1%… Read more »