Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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Diversity initiatives for home appraisers would cut down the racism and bias within the valuation process.
October 7 -
Low mortgage rates and strained supply drove the housing market price growth to a 26-month high in August, according to CoreLogic.
October 6 -
GSE mortgages in forbearance fell for the 17th straight week, spearheading the overall downtrend, according to the Mortgage Bankers Association.
October 5 -
Over 3.6 million borrowers sit in coronavirus-related forbearance with portfolio and private-label securitized loans driving the week's increase, according to Black Knight.
October 2 -
Overall debt outstanding for delinquent commercial and multifamily mortgages cut down in September as more of the economy opens further with lodging and retail far behind, according to the Mortgage Bankers Association.
October 1 -
The class-action lawsuit claims the company used deceptive contracts, locking low-income Black homebuyers into disadvantageous long-term mortgages without proper lending disclosures.
October 1 -
The automated closing disclosures software aims to be "40% faster than the 'old fashioned' method," a company spokesman said.
September 30 -
Consumer home purchasing power gained steam in July thanks to plummeting interest rates and gains in the median income despite steady price growth, according to First American.
September 28 -
For the majority of borrowers, interest rate research for mortgage refinancing came with unwanted and annoying sales calls, which could ultimately hinder potential business for lenders.
September 28 -
After an annual gain in July, newly constructed home listings tumbled in August as coronavirus complications caused the largest inventory drops on record, according to Redfin.
September 25