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Forbearances fall by over 100K, now less than 2% of all mortgages

National Mortgage
Mortgage Finance
4 years ago

Forbearance numbers dropped at their fastest pace in four weeks, with the overall number of distressed loans declining to less,.. Read More;

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With Bidens FHA nominee in limbo, mortgage market grows restless

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — President Biden’s nominee to head the Federal Housing Administration is stuck in limbo as the Senate battles competing,.. Read More;

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'ATR, QM should not be the be-all, end-all in mortgage underwriting'

National Mortgage
Mortgage Finance
4 years ago

Among the difficulties lenders face when working with non-traditionally employed customers — like self-employed and gig economy workers — is,.. Read More;

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Housing inventory relief could come by this winter

National Mortgage
Mortgage Finance
4 years ago

The severely squeezed housing supply could be alleviated as soon as this winter.About 65% of prospective home sellers plan to,.. Read More;

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Zillows home sales fatten inventory for Wall Street landlords

National Mortgage
Mortgage Finance
4 years ago

The collapse of Zillow Group Inc.’s home-flipping operation is highlighting the close ties between tech-powered real estate companies and the,.. Read More;

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Blend revenue grew in 3Q but it took loss on Title365, personnel costs

National Mortgage
Mortgage Finance
4 years ago

Blend, a mortgage technology firm expanding into consumer banking automation, saw its top line grow during the third quarter; but,.. Read More;

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Guild earnings fueled by strong purchase market

National Mortgage
Mortgage Finance
4 years ago

Guild sees a strong purchase market and its differentiated platform as key to pushing its business forward following a favorable,.. Read More;

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Congress urges CFPB to crack down on inaccurate credit reports

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — Top Senate Democrats urged the Consumer Financial Protection Bureau to pursue far-reaching reforms of the credit reporting industry,.. Read More;

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Agencies to resume full supervision of mortgage servicers

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The banking agencies are resuming their mortgage servicing supervisory and enforcement practices in full for the first time,.. Read More;

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U.S. mortgage rates plunge, dipping back below 3% once again

National Mortgage
Mortgage Finance
4 years ago

U.S. mortgage rates are back below 3%.The average for a 30-year loan was 2.98%, down from 3.09% last week, Freddie,.. Read More;

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Serious delinquencies drop as borrowers find post-forbearance options

National Mortgage
Mortgage Finance
4 years ago

Declines in a previously growing group of borrowers with long-term delinquencies drove a drop in total arrears during the third,.. Read More;

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Foreclosures jump 13% month-over-month in October

National Mortgage
Mortgage Finance
4 years ago

With the federal moratorium concluded three months prior, foreclosure activity took a leap in October.Mortgage servicers finalized the foreclosure process,.. Read More;

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