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Coronavirus lockdown stifles Southern California home sales

National Mortgage
Mortgage Finance
5 years ago

Illustrating the chilling effects the coronavirus crisis has had on the housing market, data released Tuesday show Southern California home,.. Read More;

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Treasury yields to rise faster than mortgage rates, narrowing spreads

National Mortgage
Mortgage Finance
5 years ago

The "enormous deficits" created by the government's coronavirus stimulus plan will cause 10-year Treasury yields to rise faster than 30-year,.. Read More;

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Progress Residential plans $406M SFR deal amid COVID-driven risks

National Mortgage
Mortgage Finance
5 years ago

Progress Residential is bringing its next $406 million securitization of single-family rental properties to market, even as concerns mount on,.. Read More;

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FHFA close to unveiling capital plan for privatized GSEs

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Federal Housing Finance Agency Director Mark Calabria signaled the agency is close to issuing a revised proposal on,.. Read More;

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Coronavirus requires mortgage servicers to rethink their technology

National Mortgage
Mortgage Finance
5 years ago

Ask any mortgage servicer that survived the Great Recession and they will tell you — it was bad. To be,.. Read More;

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Loaded with cash, real estate buyers wait for sellers to crack

National Mortgage
Mortgage Finance
5 years ago

The world’s biggest real estate investors are sitting on piles of cash, preparing for once-in-a-lifetime opportunities created by the pandemic.With,.. Read More;

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CrossCountry buys assets of Costco mortgage provider First Choice

National Mortgage
Mortgage Finance
5 years ago

CrossCountry Mortgage in Brecksville, Ohio, has acquired the assets of First Choice Loan Services in East Brunswick, N.J., a former,.. Read More;

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Those doing digital mortgage closings nearly double during coronavirus

National Mortgage
Mortgage Finance
5 years ago

The number of settlement services providers performing digital mortgage loan closings nearly doubled since last fall, driven by the need,.. Read More;

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Housing starts slumped by most on record in April

National Mortgage
Mortgage Finance
5 years ago

Home construction starts plunged in April by the most in records back to 1959, as the nationwide lockdown to control,.. Read More;

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Borrowers in forbearance can refinance under certain conditions: FHFA

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The Federal Housing Finance Agency issued guidance Tuesday clarifying that borrowers with Fannie Mae- or Freddie Mac-backed mortgages,.. Read More;

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Homeownership up in Ohio. But will it last after the pandemic?

National Mortgage
Mortgage Finance
5 years ago

Ohio's homeownership rate rose in the first quarter of this year to the highest level since 2011, suggesting a robust,.. Read More;

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Home sales down in Baton Rouge area, but demand still exists

National Mortgage
Mortgage Finance
5 years ago

The coronavirus pandemic took a toll on the Baton Rouge, La., area housing market in April, with sales dropping 12.6%,.. Read More;

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