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Investors bought more single-family homes than ever in 2Q

National Mortgage
Mortgage Finance
5 years ago

With extreme home price growth in the past year, investors couldn’t help but take advantage of the situation.Investors — any,.. Read More;

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Title company earnings rise in 2Q even as business slips

National Mortgage
Mortgage Finance
5 years ago

The shift to higher-margin home purchase policies helped to boost results at First American, Old Republic and Stewart.,.. Read More;

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Mortgage rates fall following COVID-19 worries, FHFA change

National Mortgage
Mortgage Finance
5 years ago

The 30-year fixed-rate mortgage average fell for a fourth consecutive week, as increasing concerns about a COVID-19 resurgence and a,.. Read More;

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Sales of existing U.S. homes rise for first time in five months

National Mortgage
Mortgage Finance
5 years ago

Sales of previously owned U.S. homes rose for the first time in five months in June as housing inventory improved,.. Read More;

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Pandemic foreclosure vulnerability was concentrated in the East in 2Q

National Mortgage
Mortgage Finance
5 years ago

The housing markets facing the highest pandemic-related foreclosure risk spread across more states in the second quarter. The top 50,.. Read More;

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Delinquency rate falls to pre-Great Recession average: Black Knight

National Mortgage
Mortgage Finance
5 years ago

The share of mortgage borrowers with late payments hasn’t yet fallen back to pre-pandemic levels, but it is now at,.. Read More;

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Foreclosures could boost home inventory by 0.5 months at most: Moodys

National Mortgage
Mortgage Finance
5 years ago

The approaching end to pandemic housing relief measures for distressed borrowers will likely add foreclosed properties to an inventory-starved market,,.. Read More;

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How much capital does an IMB need?

National Mortgage
Mortgage Finance
5 years ago

Back in 2016, this writer authored a number of research papers and reports that examined the differences between depositories and,.. Read More;

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Waterstone Mortgage's mortgage volume declines in 2Q21

National Mortgage
Mortgage Finance
5 years ago

Even as its second quarter purchase mortgage share grew 20 percentage points over the previous year, Waterstone Mortgage reported lower,.. Read More;

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Home buyers drive condo sales prices to 9-year high

National Mortgage
Mortgage Finance
5 years ago

Home buyers grew tired of sky-high prices and bidding wars for single-family homes in June, so they set their sights,.. Read More;

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Mortgage volume drops again after a one-week surge

National Mortgage
Mortgage Finance
5 years ago

Following a seasonally adjusted spike that lasted one week, mortgage application volume declined again, with purchases slowing, according to the,.. Read More;

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Citizens upbeat on mortgages despite revenue slide

National Mortgage
Mortgage Finance
5 years ago

Mortgage banking revenue at Citizens Financial Group fell sharply during the second quarter after a surge sparked by low interest,.. Read More;

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