Paul Centopani

Industry professionals share their experiences of racism and sexism on the job and offer the best ways to help eliminate it.

Appreciation more than tripled the year-ago rate, according to CoreLogic.

While record price appreciation led to trillions of dollars in equity, forborne borrowers still face the risk of losing their properties, according to Black Knight.

Although over 1.5 million forborne borrowers remain, a fifth could exit their plan in the next week, according to Black Knight.

More for-sale homes hit the market than at any point this year but a turning point may lie ahead, according to Realtor.com.

The home price increases and the ongoing inventory shortage made buying conditions difficult and many think it’s only getting more challenging, according to RealtyTrac.

The sharp increases of the pandemic era have added nearly a year to the amount of time the average consumer needs to save for a 20% down payment, according to Tomo.

Meanwhile, nearly half of consumers are more worried about severe weather now compared to five years ago, according to Realtor.com.

While nearly 1.6 million forborne borrowers remain, about 460,000 are up for review at the end of September.

Price appreciation over the past year also dropped the share of underwater mortgage borrowers to an all-time low, according to CoreLogic.

Possible existing home sales exceeded what was forecasted as coronavirus-related uncertainty gave borrowers increased purchasing power, according to First American.

Growing confidence that they’ll be able to find a new place to live will finally push homeowners to put their homes up for sale, the survey of real estate experts found.

Large companies competing to become the Amazon or Google for home lending products discuss their use of acquisitions and targeted marketing to cultivate the image of being a one-stop-shop innovator.

The government-sponsored enterprise also expects purchase and refinancing volumes to drop in 2022.

Last month’s housing market reversed a trend in purchases, but it wasn’t enough to stop the double-digit price growth, according to Redfin.

The builder was found guilty of stealing over $1 million from home buyers, lenders, businesses and a family member’s special needs trust between 2016 and 2020.

The platform, built off a recent acquisition, looks to create efficiency in the growing wholesale lending market.

The fintech projects the Series C capital will enable $10 billion in annual housing transactions through its system and expansion to half the U.S.

August’s increase in that loan type drove refinancings to take up a slim majority share of origination volume for the first time since February, according to Black Knight.

Southwestern housing markets had the largest annual changes in median monthly home loan payments, with one increasing more than 30%, according to Redfin.