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Foreclosure activity jumps 13% from a year ago to reach 2025 peak
Nationwide, one in every 3,939 housing units had a foreclosure filing in July, and Nevada led as the state with the highest foreclosure rate.
Investor sentiment rebounds after 2-year low, still trails 2024 levels
The share of investors who said the market was better or much better than a year earlier jumped to 48% from 31% in the spring.
Mortgage delinquency rates improved in Q2 but show future warning signs
MBA’s Marina Walsh warns that labor market softening and rising consumer debt in other areas could drive mortgage delinquencies higher.
The CFPB fires 90% of staff, turns away from supervision
An email sent to employees outlined the agency’s new focus, noting that it would be shifting its focus away from its supervisory roles
Lawyers at major firm sound off on reverse mortgage issues
Lawyers at a major firm break down some common litigation and themes they’ve seen in cases involving reverse mortgages.
Without aging-in-place support, seniors may opt for congregate care
Without sufficient support, some older Americans may not feel they can successfully age in place in their own homes.
Gibson plaintiffs barred from replying to Hooper suit filings
Despite claiming they had evidence eXp and Weichert conducted reverse auctions, the Gibson plaintiffs will not be able to file their surreply.
Will delayed marketing strategies spell doom for the listing portals?
Industry analysts contemplate how NAR’s changes to CCP may impact listing portals like Zillow if fewer listings appear on IDX feeds.
AssetVal, Restb.ai integration aims to improve broker price opinions
The collaboration aims to enhance the accuracy and consistency of property valuations by using AI to assess property conditions and quality.
