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States try to help borrowers left out of federal forbearance plans

National Mortgage
Mortgage Finance
6 years ago

One criticism of a federal law granting forbearance to homeowners affected by the coronavirus pandemic was it only applied to,.. Read More;

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Australia to bolster housing sector with A$688 million stimulus

National Mortgage
Mortgage Finance
6 years ago

Australia has announced a A$688 million ($476 million) stimulus package aimed at bolstering the housing construction industry, as the coronavirus-hit,.. Read More;

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FHA to insure new single-family loans subject to forbearance plans

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON — The Federal Housing Administration will temporarily provide backing for new single-family loans that have already entered into forbearance,.. Read More;

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Independent mortgage banks turn high profits, head into uncertain time

National Mortgage
Mortgage Finance
6 years ago

Independent mortgage banks and mortgage subsidiaries of chartered banks posted net gains over $1,000 per loan for the fourth straight,.. Read More;

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San Diego County sees homebuilding increase to start the year

National Mortgage
Mortgage Finance
6 years ago

Homebuilding in San Diego County nearly doubled from last year in the first quarter of 2020 despite COVID-19 closures.While a,.. Read More;

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Impac resumes mortgage originations, but not any non-QM products

National Mortgage
Mortgage Finance
6 years ago

Impac Mortgage Holdings has resumed originating mortgages, but at this point will not be offering the non-qualified loan products it,.. Read More;

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CFPB proposes rule to facilitate Libor transition for creditors

National Mortgage
Mortgage Finance
6 years ago

WASHINGTON—The Consumer Financial Protection Bureau has proposed an amendment to Truth in Lending Act regulations to address the sunset of,.. Read More;

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Mortgage rates rise on favorable economic news

National Mortgage
Mortgage Finance
6 years ago

Mortgage rates increased slightly this week as indicators point to an economic revival, including increased home sales activity, according to,.. Read More;

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Looking for house prices to drop? Wait until next April

National Mortgage
Mortgage Finance
6 years ago

Nine years of annual home price gains are expected to come to an end by next April, according to the,.. Read More;

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Metro Denver housing market revives after restrictions ease in May

National Mortgage
Mortgage Finance
6 years ago

Metro Denver's housing market bounced back in May, with new listings and pending sales rebounding after stay-at-home orders lifted, according,.. Read More;

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There's only so much you can automate forbearance requests: GSEs

National Mortgage
Mortgage Finance
6 years ago

Borrowers aren't always willing to use digital mortgage technology on a self-serve basis but with options limited by remote work,,.. Read More;

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Home sales bounce back in Toronto, Vancouver after shutdowns

National Mortgage
Mortgage Finance
6 years ago

Canada's residential real estate market is bouncing back from coronavirus shutdowns.Home sales and prices rose in Toronto in May from,.. Read More;

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