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Poconos water park shuttered by pandemic faces mortgage woes

National Mortgage
Mortgage Finance
6 years ago

One of America's biggest indoor water parks, normally packed with frolicking families, has gone dark, a casualty of social distancing.,.. Read More;

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Another avenue for remote closing opens

National Mortgage
Mortgage Finance
6 years ago

The use of remote ink-signed notarizations in a growing number of states across the country gives mortgage companies another tool,.. Read More;

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Chattanooga home sales drop, but market beginning to rebound

National Mortgage
Mortgage Finance
6 years ago

Home sales in Chattanooga, Tenn., fell nearly 18% last month and the inventory of houses on the market fell by,.. Read More;

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U.K. home sales crater as coronavirus lockdown freezes market

National Mortgage
Mortgage Finance
6 years ago

U.K. home sales collapsed last month as the government effectively shut down the market to help slow the coronavirus outbreak.The,.. Read More;

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Is the mortgage market really opening up for non-QM borrowers?

National Mortgage
Mortgage Finance
6 years ago

Economic uncertainty and the proliferation of coronavirus-related forbearance have complicated mortgage lending in general, but for borrowers with nontraditional income,,.. Read More;

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Mortgage niche showed promise for Michigan bank. Then coronavirus hit.

National Mortgage
Mortgage Finance
6 years ago

University Bancorp in Ann Arbor, Mich., shuttered its wholesale mortgage division a year after its launch when the pandemic made,.. Read More;

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Purchase mortgage applications are still on a roll

National Mortgage
Mortgage Finance
6 years ago

Mortgage applications increased 2.7% from one week earlier, as purchase volume is now outpacing the prior year's activity, according to,.. Read More;

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New housing permits in Connecticut plunge during April

National Mortgage
Mortgage Finance
6 years ago

New housing activity in Connecticut took a precipitous decline last month, with the number of permits issued around the state,.. Read More;

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Delinquencies and foreclosures won't be as bad as feared, data suggests

National Mortgage
Mortgage Finance
6 years ago

The pace of forbearance requests by homeowners has almost leveled off in recent weeks, raising hope among mortgage servicers that,.. Read More;

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Mortgage forbearance growth slows overall, but hits Ginnie Mae hardest

National Mortgage
Mortgage Finance
6 years ago

The pace of growth in the number of mortgages with coronavirus-related forbearance has slowed again, as the number of such,.. Read More;

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For-sale inventory drops by 20%, as coronavirus halts rent growth

National Mortgage
Mortgage Finance
6 years ago

While the spring home-selling season was already off to a rough start thanks to the novel coronavirus, some cities saw,.. Read More;

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GSEs push online coronavirus relief education out to consumers

National Mortgage
Mortgage Finance
6 years ago

Both government-sponsored enterprises launched online education efforts to provide guidance to borrowers and renters that were affected by the coronavirus.Fannie,.. Read More;

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