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Residential mortgage servicing in the 21st century

During the last few years, the housing market has been hit with real property value declines in many markets,  high unemployment rates, and unprecedented borrower defaults on home mortgages. Servicers of residential mortgages have faced extraordinary challenges in trying to help borrowers avoid foreclosure. The following white paper summarizes some of the key challenges faced […]

Controlling costs for property portfolio owners & managers

Evolving business models, new technologies and demand for ever more of the “Enterprise”. Modern businesses face a far more complex operating model, which includes collaborating with a multitude of external organizations throughout the supply chain. Businesses must ensure that but also that of suppliers, service providers, vendors and strategic partners. Within this environment, property and […]

The impact of lock-in effects on housing turnover

This research brief summarizes a new working paper by IHS researchers Patric Hendershott, Jin Man Lee, and James Shilling. It finds that rapidly increasing interest rates, along with negative equity, “lock-in” households to their existing mortgages and residences, which reduces housing turnover. Additionally, this research finds that a decline in housing sales due to increasing locked-in […]