What should lenders consider in 2024 for collateral risk?

Gareth Borcherds, managing director, Ascent Software GroupThe GSEs are taking a closer look at how they evaluate collateral risk. Appraisal modernization is vital. Gareth Borcherds, managing director Ascent Software Group outlines the three categories to be aware of, how appraisal modernization can
Read MoreHow do you solve the California housing crisis?

California looms large in any discussion of housing affordability. The largest state by population, one out of every eight Americans lives in the Golden State, but the homeownership rate is dismal. According to Ben Metcalf, managing director of the Terner Center for Housing Innovation at UC Berkeley
Read MoreIs time the enemy of equity for chronically distressed homeowners?

Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an Auction.com analysis of more than 80,000 properties scheduled for foreclosure auction multiple times in the last three years.The chronically distressed pro
Read MoreAre mortgage rates about to break out higher again?
Will mortgage rates break toward 8% again, making another 2024 data line that looks like a carbon copy of 2023? It’s not part of my 2024 forecast, but since the Federal Reserve likes playing with fire, let’s look at where we are with mortgage rates and their impact on weekly housing data.Mortgage ra
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