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Weekly forbearance exits slow with mountain of expirations looming

National Mortgage
Mortgage Finance
4 years ago

The latest rate of declining mortgages in forbearance plans slowed but a major drop-off is on the horizon.Loans in pandemic-related,.. Read More;

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Ocrolus valuation boosted to $500 million

National Mortgage
Mortgage Finance
4 years ago

Ocrolus completed a Series C financing round that gives the fintech company a valuation over $500 million.The round added $80,.. Read More;

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Maine home sales in August decline for the second month in a row

National Mortgage
Mortgage Finance
4 years ago

Sales of existing single-family homes in Maine were down almost 5 percent in August compared to the previous year, a,.. Read More;

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New-home sales in U.S. increased to a four-month high in August

National Mortgage
Mortgage Finance
4 years ago

Sales of new U.S. homes rose in August by more than forecast, reaching a four-month high and suggesting demand is,.. Read More;

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Pressure to create climate change risk models in mortgage mounts

National Mortgage
Mortgage Finance
4 years ago

Increasing focus on climate change in Washington could create a demand for mortgage risk models that factor in the effects,.. Read More;

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Biden OCC pick cheered by progressives, jeered by industry

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — The Biden administration has already picked financial regulatory nominees who are polar opposites from their Trump-appointed predecessors. But,.. Read More;

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Mortgage rates remain low but Fed news signals trend reversal

National Mortgage
Mortgage Finance
4 years ago

Mortgage rates inched up only slightly in the past week, as continued investment in the U.S. Treasuries market tempered economic,.. Read More;

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Fed's latest taper plan likely to be more orderly than 13-14's

National Mortgage
Mortgage Finance
4 years ago

The Federal Reserve's exit from its mortgage-backed securities purchase program should be more orderly than during the 2013-2014 period, which,.. Read More;

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Home equity gains set a record in second quarter

National Mortgage
Mortgage Finance
4 years ago

Over a year of stratospheric home price appreciation led to the largest equity gain in history.Mortgaged homeowners amassed over $2.95,.. Read More;

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Local government must step up in fighting housing price inflation

National Mortgage
Mortgage Finance
4 years ago

The cost of housing in America is escalating at an unsustainable rate – not for landlords and builders, but for,.. Read More;

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Delinquency rate drops to 4% for first time since pandemic began

National Mortgage
Mortgage Finance
4 years ago

The percentage of mortgages late by 30 days or more but not in foreclosure dropped to 4% last month, marking,.. Read More;

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Home buying potential rose in August despite Delta dip

National Mortgage
Mortgage Finance
4 years ago

Though down from the white-hot activity levels of the past year, potential home sales exceeded expectations in August, according to,.. Read More;

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