Author Archives: Rod Patershuk
Biden Extends Foreclosure Moratorium & FHA Updates DACA Loan Provisions
On the first day of his administration, President Joe Biden issued a slate of executive orders, including one that called on federal departments and agencies to extend their bans on… Read more »
Nearly 40% Fewer Homes for Sale Since Last Year
The number of U.S. homes for sale dipped below 700,000 for the first time, setting a new low mark for listed inventory, according to the Monthly Housing Trends Report published… Read more »
Housing Market Will Stay ‘Hot’ in the New Year
There’s no shortage of people ready, willing, and able to buy homes, according to the latest report from Redfin. In fact, the four-week period ending on December 13 has shown… Read more »
Buffini Makes ‘Bold Predictions’ About Upcoming Year’s Real Estate Market
It’s safe to say that 2020 threw everyone for a loop. The coronavirus pandemic has impacted the lives of billions of people worldwide, and perhaps the most surprising element of… Read more »
The Only Constant is Change
Editor’s note: This story originally appeared in the December edition of MReport. The mortgage and housing industries are always evolving—developing advanced technology, discovering new ways to engage with consumers, adapting to… Read more »
Experts Anticipate ‘Strong Activity’ for the 2021 Housing Market
The National Association of Realtors (NAR) released a 2021 consensus outlook on the economy and housing market at its virtual Real Estate Forecast Summit. The consensus includes predictions from more… Read more »
Future of remote work unclear, according to NAR
Since the pandemic caused many employers to shift employees to remote work – some indefinitely – homeowners have left cramped spaces in large cities and retreated to more suburban and… Read more »
Luxury housing market inspires ‘total frenzy’ in vacation-home boom towns like Aspen, Palm Beach and Lake Tahoe
In the third quarter, luxury home sales jumped 41.5%, the biggest year-over-year shift since 2013, according to Redfin. And while real estate agents repping luxury homes aren’t seeing as many… Read more »
FHA Announces New Automated Underwriting System for Lenders
The Federal Housing Administration (FHA) has launched a new automated underwriting system (AUS) for single family forward mortgages. The “FHA Catalyst: Single Family Origination Module –AUS” enables lenders to electronically… Read more »