report
Realogy, Not Compass, Takes Top Spot in 2022 Power Broker Report
The more than $ 2.2 trillion in collective 2021 sales volume reported by the Top 1,000 respondents to RISMedia’s 34th Annual Power Broker Survey is truly historic. Yet it doesn’t tell the complete tale of last year’s residential real estate market. The missing piece? Compass. While recent industry media coverage has declared Compass “the largest […]
NAR Releases Its Inaugural ESG+R Sustainability Report
NAR Releases Its Inaugural ESG+R Sustainability Report The report offers a snapshot of NAR’s current state of sustainability activity while tracking the association’s progress over time on… Media Contact: Troy Green 202-383-1042 Sustainability
New CFPB Report Finds Three Major Credit Bureaus Providing Insufficient Complaint Responses
A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian and TransUnion together reported relief in response to less than 2% of covered complaints, down from nearly 25% of covered […]
Fannie/Freddie Report Lower Quarterly Revenues, Profits
Fannie Mae and Freddie Mac (the GSEs) reported their respective third quarter 2021 financial results on Friday. Both posted significant increases in net income from the same period in 2020 but results for each were lower than reported in Quarter Two. Fannie Mae says it had $ 4.8 billion net income for the third quarter of […]
Highest Rates in Months Despite Weak Jobs Report
It goes by many names: The Employment Situation, Nonfarm Payrolls (NFP), or simply “the jobs report.” No matter what you call it, the Labor Department’s massive collection of employment statistics is one of the most important events for the bond market every month. For a quick reminder as to why mortgage rates care about the […]
MBS RECAP: Highest Yields in Months. Could Jobs Report Make it Worse?
Posted To: MBS Commentary Highest Yields in Months. Could Jobs Report Make it Worse? After a somewhat hopeful bounce in yesterday's trading session, and a decent overnight session, Thursday ended up being a bad day. With the jobs report on deck tomorrow, could things get even worse? That's always a possibility, but it wouldn't necessarily […]
Q&A Corner: 2021 Real Estate in a Digital Age report
Matt Christopherson, one of the lead authors of Real Estate in a Digital Age, talks about how to use the report, data insights, and the survey results he found most interesting. www.nar.realtor – Research
NAR Report Finds LGBTQ Buyers Purchasing Older, Smaller Homes Than Other Americans
LGBTQ Buyers Purchasing Older, Smaller Homes Homes bought by LGBTQ buyers were 170 square feet smaller and 15 years older, typically, than those purchased by non-LGBTQ buyers. Media Contact: Spencer High 202-383-1051 Working With Buyers, Working With Sellers
Forbearances Tumble; Mortgage Profits Break 2008’s Record; Locking/Floating After Jobs Report
The number of loans in forbearance declined sharply over the course of the past week. Black Knight said the number of homeowners exiting their plans jumped to the highest level in four weeks due to end-of-May expirations. There were also noticeable declines in the number of borrowers returning to the program as well as new […]
Bonds Move to Sidelines Ahead of Jobs Report; Rate Volatility Risks; Census Bureau on Home Features
Mortgage rates were higher again today with multiple lenders making additional upward adjustments in the middle of the day in response to bond market volatility. The prices/yields of certain bonds are the primary building blocks for lenders as they determine where to set mortgage rates every day. Bonds respond to a variety of inputs, with […]