Chester County News and Community Website
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has brought the hammer down on a major reverse mortgage servicing operation. This decisive action follows a concerning discovery by the …
Crackdown on Reverse Mortgage Servicers: A Victory for Aging Homeowners Read More
SEATTLE, WA — A new analysis from Zillow® reveals that to comfortably afford a typical home in the U.S., the median-income homebuyer needs nearly $127,750 for a down payment. This …
Soaring Down Payments Challenge U.S. Homebuyers Read More
WASHINGTON, D.C. — The U.S. Department of Veterans Affairs announced significant changes to its home loan program, allowing eligible Veterans, active-duty service members, and surviving spouses to pay for certain …
VA Updates Home Loan Rules to Help Veterans Compete in Housing Market Read More
IRVINE, CA — A new report by ATTOM highlights potential instability in various county-level housing markets across the United States. The study, focusing on home affordability, underwater mortgages, foreclosures, and …
US Housing Market Risk Report Reveals Potential Decline In Vulnerable States Read More
IRVINE, CA — ATTOM released its May 2024 U.S. Foreclosure Market Report, revealing nuanced shifts in the housing market. The report shows a total of 32,621 U.S. properties with foreclosure …
U.S. Foreclosures Increase Slightly, Reflecting Nuanced Housing Market Shifts Read More SAN FRANCISCO, CA — HouseCanary, Inc. has released its May Market Pulse Report, revealing a 3.6% increase in net new listings compared to May 2023. Despite this uptick, the housing …
Report Shows Rising Inventory but Stagnant Home Prices Read More
IRVINE, CA — According to recently released data, the US residential property mortgage market experienced a significant slump at the start of the year. The first-quarter report from ATTOM revealed …
US Residential Mortgage Market Sees Continued Decline Amid Rising Interest Rates Read More
WASHINGTON, D.C. — The Department of Veterans Affairs (VA) has issued new guidance urging mortgage servicers to pause foreclosures on VA-guaranteed loans through the end of 2024. This measure aims …
VA Urges Mortgage Servicers to Halt Foreclosures for Veterans Through 2024 Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has initiated a public inquiry into the mounting junk fees that are elevating mortgage closing costs. The bureau aims to uncover …
CFPB Launches Inquiry Into Rising Mortgage Closing Costs and Junk Fees Read More
SEATTLE, WA — Despite the fantasy of a cozy vacation home nestled in a beachfront or mountain setting, this dream hit a hard reality in 2023. Data from Redfin, a …
Vacation Home Dream Derailed: US Second Home Mortgage Numbers Dip Read More