The share of primary mortgages on properties that also have second liens is currently in the double digits, reflecting growth in home equity lending that’s increasingly relevant to agency mortgage-backed securities investors. Processing Content Approximately 16% of active first liens are on homes that also have seconds on them, representing a total outstanding balance of […]
Second liens appear on 16% of U.S. mortgages Read More »
A lack of buyers in the market has pushed a near-record share of homeowners to rent out their properties, industry data shows. Processing Content Units owned by “accidental landlords” accounted for 2.3% of the listed rental stock in October, according to research from Zillow. That’s more than any share in Zillow’s nearly six-year record, outside
Slow home sales are creating accidental landlords Read More »
A new look at the country’s most at-risk housing markets finds Florida and California leading all states in the number of counties vulnerable to declines. Processing Content Florida communities made up 16 out of the “leading” 50 markets on the list, according to the latest housing risk report from real estate intelligence platform Attom. The
These housing markets face the greatest risk of decline Read More »