In previous blogs we followed the Census Bureau’s Household Pulse Survey (HPS) to examine some effects of the COVID-19 pandemic, This week a new dataset was released that encompasses data collected from September 2 to September 14, 2020....more
Tag: COVID-19
In our earlier blogs, we followed the Census Bureau’s Household Pulse Survey (HPS) to examine the effects of the COVID-19 pandemic on the housing market....more
From the start of this pandemic, the performance of the housing market has been counter-intuitive....more
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