- Forbearance rate resumes decline after upward movement
- Spiking COVID cases lead to increase in new forbearance starts
- Ag lenders fear reduced government aid for farmers in 2021
- Las Vegas home prices continue steady climb despite pandemic
- 2021 RMBS to benefit from tighter underwriting put in place for COVID
While distressed mortgage rates continued the fall’s short-term slide, serious delinquencies are three times higher than the year-ago total, according to CoreLogic.
Federal Reserve Gov. Lael Brainard said regulators are seeking to "understand the potential benefits and risks" from utilizing artificial intelligence in the financial services sector.
The funding will be used to continue developing the automation Brace provides for distressed loan servicing and other related services.
Bon Salle joins Home Point as the Ann Arbor, Mich.-based nonbank mortgage lender plans to go public.
The deal will add to SitusAMC’s tech suite, making the connection between loan originators and lenders more efficient.
Having a cash-out refinance program is important to greater share of originators in the West than it is in the United States as a whole, the Top Producers 2019 survey found.
Customer-facing mortgage technology is not that big of a deal for Top Producers based in the South, even as a growing number of lenders are partnering with fintech firms to create a better user experience.
Northeast mortgage originators relied heavily on referral relationships with attorneys and financial planners and less so with homebuilders last year, the Top Producers 2019 survey found.
Future of Cities
President-elect Joe Biden’s team has held preliminary talks on how it could oust Fannie Mae and Freddie Mac’s regulator, a move that would let the new administration fill a post that’s crucial to the mortgage market and its goal of boosting affordable housing.
For some, including National MI and Essent, the improvement is taking place faster than expected.
The volume of Ginnie securities issued in December marked the first time more than $80 billion has been issued in a month.
Rhode Island Housing and Mortgage Corp. is coming off its inaugural social bond issuance.
For eight years after the Great Recession, home prices in metro Atlanta climbed steadily but slowly. Since mid-summer, they have been soaring.
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