Elina Tarkazikis is a reporter for National Mortgage News. She is a graduate of Ramapo College of New Jersey, where she was the founding editor in chief of the school's chapter of HerCampus.com and a staff writer for its student-run publication, The Ramapo News. She has previously worked for The County Seat in Hackensack and Elvis Duran and the Morning Show, iHeartMedia's nationally syndicated radio program. Elina is also a licensed real estate agent in New Jersey, adores pets and speaks three languages.
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There was a fairly small chance that homebuyers faced a bidding war in July, compared with the prior year when the odds were almost 50-50, according to Redfin.
August 9 -
Foreclosure activity dropped 18% in the first half of 2019 compared to a year ago, continuing an 11-quarter streak of sitting below prerecession levels, according to Attom Data Solutions.
August 8 -
Positive views on job security and mortgage rates pushed consumer sentiment on housing to an all-time high in July, according to Fannie Mae.
August 7 -
Weak home sales put a speed bump in the way of accelerating house values as price growth slowed to a pace not seen since the start of the decade, according to CoreLogic.
August 6 -
Lower mortgage rates are giving homebuyer affordability a serious boost as it reaches an 18-month high, helping purchasers afford $45,000 more house for the same monthly payment compared to last fall.
August 5 -
Mortgages auctioned off through a HUD distressed loan sale program perform worse than those unsold and are more likely to result in foreclosure, according to a new Government Accountability Office report.
August 2 -
Mortgage servicer customer satisfaction levels are among the lowest of any industry as more companies prioritize cost-cutting, regulation and default management over their borrowers, according to J.D. Power.
August 1 -
Black Americans haven't experienced the same increase in housing values, wealth and ownership that white Americans have during the past decade's economic expansion, when home prices soared 73%, according to Redfin.
August 1 -
Mortgage servicers are getting better at helping borrowers avoid foreclosure, as evidenced by a declining auction rate, which was also supported by healthy home equity levels, according to Auction.com.
July 30 -
MISMO released an updated set of remote online notarization standards to create consistency among industry practices and state laws as mortgage lenders continue to make strides with electronic closings.
July 29