AI smoothing mortgage income and employment verifications
Philadelphia-based mortgage technology provider Xactus claims its AI-powered Intelligent Verification Platform allows lenders to transform their workflows, make smarter decisions
by Matt Carter Mar 17
Cost of insurance, property tax top triggers of mortgage delinquencies
These hidden costs of homeownership were given a 37% risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com
by Lillian Dickerson Jul 23
Regulators modernizing giant database of mortgage pros
Launched during the 2008 financial crisis to weed out bad actors, the Nationwide Multistate Licensing System will be updated this weekend as part of a multi-year modernization project
by Matt Carter Jul 18
More US mortgages are 'seriously underwater' as equity dwindles
The share of seriously underwater mortgages moved up slightly from 2.6% to 2.7% in Q1, according to a report from Attom released Thursday
by Ben Verde May 9
Home values surge to new record as median prices climb to $350K
The median US home price rose to $350,000 in the third quarter, 2% higher than the previous record set just a quarter earlier, according to new data released Thursday by Attom
by Ben Verde Oct 19
An economist's take on housing prices, affordability, opportunity
Opinion
Windermere Chief Economist Matthew Gardner looks at the latest numbers and the markets that still offer affordable options
by Matthew Gardner Aug 21
3 years after lockdown, foreclosed homes remain rare but on the rise
Foreclosures are still affecting a tiny slice of the nation's home inventory. Here are the markets where you're most likely to find one, according to a new report from Attom
by Daniel Houston Jul 12
Mortgage database created to track bad actors now a recruiting tool
Unique IDs created by Nationwide Multistate Licensing System can reveal competitors' loan originations by product, loan amount, geography and loan officer
by Matt Carter Oct 19
Home flipping dipped last quarter despite jump in profits
It's too soon to say whether the drop in flipper activity — which was still the second highest in two decades — is a sign of a broader slowdown
by Taylor Anderson Sep 21
These 3 US states have the most vulnerable housing markets by far
Three states alone accounted for 33 of the 50 markets most vulnerable to a housing downturn in the second quarter, while the South and Midwest remained stable, according to data from Attom
by Taylor Anderson Sep 15
Attom acquires property data company Estated
Estated maintains information on millions of US properties and works with companies in the mortgage, insurance and real estate sectors
by Jim Dalrymple II Aug 16
The 10 most stable housing markets in the United States, ranked
The US housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets
by Lillian Dickerson Jul 19
After a decade of declines, foreclosure activity is on the rise
Many loans would have been foreclosed if not for federal government protections enacted during the early days of the COVID-19 pandemic, according to a new report from Attom Data Solutions
by Taylor Anderson Jul 13
Making $67K? That's no longer enough to buy the typical US home
Q2 of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least 2 decades. Median home purchases would have taken up 31.5% of average annualized wage
by Daniel Houston Jun 30
Home flipper activity jumps, while profitability plummets
Slowdown in bidding wars is 'having a predictable impact on profit margins for investors,’ said Rick Sharga, executive vice president of market intelligence from Attom, in the latest report
by Taylor Anderson Jun 22