In this blog, we investigate the impact of unemployment on homeowners based on their education attainment....more
The increase in forbearance rates are concerning, but the degree to which it can be a predictor of defaults and foreclosures is far less certain....more
SP Group Founder and CEO, Pratima Damani, discussed some of our recent research with GlobeSt.com....more
Stakeholders throughout the housing and mortgage finance industries are focused on finding the proper response to the COVID-induced crisis that will inevitably lead to massive mortgage defaults....more
Renters are twice as unsure as homeowners in their ability meet their housing payments. Black homeowners are three times as unsure as white homeowners in their ability to pay next month’s mortgage....more
Recently released statistics suggest that the housing market is showing a peculiar phenomenon that is seemingly contradictory. Unemployment and loan forbearances are at all-time highs, and the country is in what many experts consider a significant recession with a lengthy recovery ahead, yet home purchases are at record levels....more
At this writing, HUD and the GSE’s are operating with an August 31,2020 sunset on the foreclosure moratorium that was put in place at the beginning of the coronavirus crisis. Its time all stakeholders get serious about what comes next. We at SP Group have identified three steps that we believe will effectively address the…...more
Based on the recent data reported by Black Knight, 4.73 million homeowners are in active forbearance as of the end of May 2020[1]. The big question is how many of these will end up in default and foreclosure. According to Black Knight, about half a million homeowners have less than 10 percent equity in their…...more
There are at least two types of real estate investors in Opportunity Zones, those that are drawn to a particular location for reasons that have little or nothing to do with the fact that the location is in an Opportunity Zone per se and those who are making strategic choices to invest in one Opportunity...more
The housing industry is buzzing with excitement over the prospect of massive investments in Opportunity Zones. New Opportunity Funds are emerging almost daily. Some investors are waiting until additional guidance is issued concerning the finer points of investing in Opportunity Zones, others are already mobilized. They are sifting through market data to identify target areas where...more