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Wells Fargo stops accepting home equity credit line applications

National Mortgage
Mortgage Finance
6 years ago

Wells Fargo & Co. will temporarily stop accepting applications for home equity lines of credit, following a similar move by,.. Read More;

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CMBS delinquency rate sees biggest jump in nearly three years

National Mortgage
Mortgage Finance
6 years ago

Delinquencies in U.S. commercial mortgage-backed securities jumped in April, with the economy battered by the coronavirus pandemic.The CMBS delinquency rate,,.. Read More;

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Report: Non-QM borrowers are weathering COVID-19 stresses

National Mortgage
Mortgage Finance
6 years ago

An early look at securitized residential home-loan performance amid the coronavirus pandemic indicates encouraging trends thus far in impairment levels,.. Read More;

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5 ways the coronavirus could affect home prices

National Mortgage
Mortgage Finance
6 years ago

The S&P CoreLogic Case-Shiller home price index hasn't yet reflected the impact of the coronavirus, but an independent market maker,.. Read More;

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Mr. Cooper loses $171M in 1Q on servicing valuation mark

National Mortgage
Mortgage Finance
6 years ago

A mark-to-market hit to the value of its mortgage servicing rights portfolio caused Mr. Cooper to report a $171 million,.. Read More;

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Profits drop in 1Q, but Freddie Mac is 'withstanding the crisis'

National Mortgage
Mortgage Finance
6 years ago

While Freddie Mac stabilized liquidity in mortgage markets, coronavirus-related credit losses drove the GSE's income down in the first quarter,.. Read More;

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Dallas-Fort Worth home prices drifting lower

National Mortgage
Mortgage Finance
6 years ago

Dallas-Fort Worth home prices have slightly declined in each of the last three quarters.But the median sales price of homes,.. Read More;

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Mortgage rates fall to new lows as coronavirus impacts nation

National Mortgage
Mortgage Finance
6 years ago

Mortgage rates fell to their lowest level since Freddie Mac started reporting this data in 1971, as the coronavirus shutdown,.. Read More;

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Rent is due again and missing payments have landlords worrying

National Mortgage
Mortgage Finance
6 years ago

Mounting economic fallout from the pandemic is fueling apartment landlords' concerns that more tenants will struggle to make their rent,.. Read More;

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Annual home sales may drop 14% due to strained spring buying season

National Mortgage
Mortgage Finance
6 years ago

The disruption of the coronavirus pandemic caused pending home sales to fall in March. The losses are expected to reverberate,.. Read More;

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Fed sees 'medium-term' virus risks, keeps zero-rate pledge

National Mortgage
Mortgage Finance
6 years ago

Federal Reserve officials restated their pledge to hold the benchmark interest rate near zero and will keep buying bonds, judging,.. Read More;

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Rapid City real estate agent sentenced for tax evasion

National Mortgage
Mortgage Finance
6 years ago

A Rapid City, S.D., real estate agent must serve more than a year in prison and pay $124,645 in restitution,.. Read More;

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