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As rates skyrocket, 'Wall Street' single family rental investors see opportunity - Vimarsana News

As rates skyrocket, 'Wall Street' single family rental investors see opportunity

The healthy volume of SFR offerings over the first half of 2022 is being fueled by a strong SFR market resulting from fast-rising interest rates and tight housing supply. Those dynamics are making it much harder for many to purchase homes, helping to expand demand for rental properties, triggering fast-rising rents. Two new single-family rental (SFR) securitization deals sponsored by large institutional players — often described as “Wall Street” investors — hit the private label market in June

Lending Activity Plummeted During Q1 - Vimarsana News

Lending Activity Plummeted During Q1

A report found overall residential lending to be down 32 percent between the first quarters of 2021 and 2022, with refinancing lending dropping 22 percent and mortgages dipping 18 percent.

Source: inman.com
1-800-CASHOUT Makes it Easy for Homeowners to Unleash Their Home Equity - Vimarsana News

1-800-CASHOUT Makes it Easy for Homeowners to Unleash Their Home Equity

Manassas, VA (PRWEB) June 03, 2022 -- June 3, 2022. Strong Home Mortgage LLC, a veteran-owned and consumer-direct mortgage lender, today announced the launch

Source: prweb.com
Zombie Foreclosures Post 1st Increase Since Moratorium's End - Vimarsana News

Zombie Foreclosures Post 1st Increase Since Moratorium's End

The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant.

Source: inman.com
Zombie homes up for first time since moratorium ended - Vimarsana News

Zombie homes up for first time since moratorium ended

However, higher property values are likely to mitigate any potential large increase in abandonments because troubled borrowers are less likely to walk away.