Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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The coronavirus put a dent in May's home sales and inventory, but some indicators offer hope for a turnaround on the horizon.
June 18 -
The report by Unison also advised investors to focus on "diversified residential real estate" over traditional retail and office spaces.
June 17 -
The number of loans going into coronavirus-related forbearance ground down to a growth rate of 2 basis points between June 1 and June 7, according to the Mortgage Bankers Association.
June 15 -
Though outlawed by the Fair Housing Act in 1968, the racist housing practice perpetuated a wealth gap for Black people still widening today.
June 12 -
The coronavirus pandemic brought more attention to the affordable housing issue and illuminated already vulnerable, low-income populations.
June 12 -
Borrowers gained over $6 trillion in home equity since the Great Recession ended and the relative health of the housing market should stave off a coronavirus-induced collapse, according to CoreLogic.
June 11 -
Looming economic uncertainties forced mortgage lenders to tighten underwriting standards in May.
June 9 -
The number of loans going into coronavirus-related forbearance slowed to a rate of 7 basis points between May 25 and May 31, according to the Mortgage Bankers Association.
June 8 -
After bottoming out at a 10-year low in April, consumer sentiment for home buying rebounded in May, according to Fannie Mae.
June 8 -
With the impacts of the coronavirus in full bore, housing market experts predict home prices to fall in 2020.
June 8 -
Independent mortgage banks started 2020 strong after three quarters of high profits, according to the Mortgage Bankers Association.
June 4 -
Millennial refinance activity hit a new high-water mark behind historically low mortgage rates, up 40 percentage points from the year before, according to Ellie Mae.
June 3 -
With would-be sellers too spooked to list their homes and would-be buyers held up due to social distancing orders, home price appreciation accelerated in April. And it could continue into the summer.
June 2 -
Coronavirus-related mortgages in forbearance grew 10 basis points between May 18 and May 24, according to the Mortgage Bankers Association.
June 1 -
The Federal Reserve's actions should keep interest rates down and bring home sales back in June, according to NerdWallet.
June 1 -
The social distancing related limitations on home appraisals is inspiring some companies to find new ways to advance the process.
May 29 -
In addition to the potential wave of mortgage defaults resulting from coronavirus-driven forbearances, hurricane season could put nearly 7.4 million homes worth $1.8 trillion at risk.
May 28 -
The temporary approval of remote ink-signed notarizations gives mortgage companies another tool for closing deals during coronavirus lockdown.
May 27 -
Coronavirus-related mortgages in forbearance grew 20 basis points between May 11 and May 17, according to the Mortgage Bankers Association.
May 26 -
Some cities saw drops in annual housing supply nearing 40% in early May, according to Zillow.
May 26
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