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FHFA numbers signal shift in delinquency drivers

National Mortgage
Mortgage Finance
3 years ago

The majority of consumers with late mortgage payments are still citing a national emergency declaration when asked why they can't,.. Read More;

post

Ginnie Mae reduces minimum size for securitized HECM pools by 75%

National Mortgage
Mortgage Finance
3 years ago

Ginnie Mae announced changes to the minimum size for loan pools backing reverse mortgage securitizations, as it attempts to reduce,.. Read More;

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Black homeownership much lower than population share

National Mortgage
Mortgage Finance
3 years ago

Black homeownership rates in each of the nation's 50 largest metro areas has been smaller than population share in those,.. Read More;

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Commercial property market freezes, sending bond volume plummeting

National Mortgage
Mortgage Finance
3 years ago

Sales of commercial mortgage bonds have fallen off a cliff, plummeting about 85% year-over-year, as rising interest rates cut into,.. Read More;

post

Leading economic index falls for a 10th straight month

National Mortgage
Mortgage Finance
3 years ago

An index of U.S. leading economic indicators fell in January for a 10th straight month, reflecting declines in consumer expectations,.. Read More;

post

New home mortgage apps break slump, rise on sliding rates

National Mortgage
Mortgage Finance
3 years ago

Sliding mortgage rates at the beginning of the year drove applications for new home purchases in January up 42% from,.. Read More;

post

CrossCountry Mortgage accused of not paying its employees

National Mortgage
Mortgage Finance
3 years ago

A former CrossCountry Mortgage employee claims the lender failed to pay workers as mortgage activity slowed last year, and is,.. Read More;

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Mortgage balances increased by nearly $1 trillion last year

National Mortgage
Mortgage Finance
3 years ago

U.S. mortgage balances increased by almost $1 trillion in 2022, even as new originations slowed considerably throughout the year, according,.. Read More;

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Mortgage delinquencies rise as economy stumbles

National Mortgage
Mortgage Finance
3 years ago

Mortgage delinquencies increased in the fourth quarter from their record lows as borrowers became susceptible to a sinking U.S. economy,,.. Read More;

post

Zillow sees signs of a good spring home buying season ahead

National Mortgage
Mortgage Finance
3 years ago

Recent changes in market conditions, including mortgage rates slipping from their November highs, will make for a relatively positive spring,.. Read More;

post

Fed's Mester says she saw 'compelling' case for half-point rate hike

National Mortgage
Mortgage Finance
3 years ago

Federal Reserve Bank of Cleveland President Loretta Mester said she saw a compelling case for rolling out another 50 basis-point,.. Read More;

post

Mortgage rates rise on inflation news, tightening fears

National Mortgage
Mortgage Finance
3 years ago

Mortgage rates rose 20 basis points this week with the Consumer Price Index report coming in stronger than expected, leading,.. Read More;

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