Nicholas Schmidt is partner and artificial intelligence practice leader at BLDS LLC and founder and CTO of SolasAI. This article is adapted and edited from written testimony delivered last month before the U.S. Senate Subcommittee on […]
Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves […]
Today, housing starts fell more than anticipated, but the more important story in today’s report is that even though the apartment boom is dead, single-family permits are rising. The U.S. housing apartment boom ran […]
The U.S. House of Representatives this week passed a bipartisan tax bill that included an expansion of the Low-Income Housing Tax Credit (LIHTC) program, a move lauded by housing advocates including the Mortgage Bankers […]
Housing starts, which had risen modestly in September and October, soared last month, topping 1.5 million units for the first time in 2023 . The U.S. Census Bureau and the Department of Housing and Urban […]
Housing starts rose in November, significantly beating expectations. New construction rose to a seasonally adjusted annual rate of 1,560,000, according to the U.S. Department of Housing and Urban Development and U.S. Census Bureau data. It’s […]
Boom! Housing starts had an epic beat Tuesday, which usually means the data will get revised lower at some point, but one thing is for sure: the housing starts and new home sales sector came […]
A coalition of seven housing interest groups including the Mortgage Bankers Association (MBA), the Community Home Lenders of America (CHLA), the National Association of Realtors (NAR) and the National Reverse Mortgage Lenders Association (NRMLA) have […]
As 2023 draws to a close, housing professionals hope for relief from the high mortgage rates, terrible inventory levels and slow sales that characterized the year. They may find that relief for mortgage rates next […]
Those who remember the housing bust in the 2000s, and the glut of foreclosed and abandoned homes that followed, might wonder if another one is just around the corner. While most real estate experts don’t […]
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