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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Although activity crept down in May from April, it posted “dramatic” increases from the year before, according to Attom Data Solutions.
June 15 -
Changed borrower psychology and the severe housing inventory shortage dropped lending activity across the board, according to Black Knight.
June 14 -
With residential supply severely lagging behind demand, redeveloping unused office space into multifamily properties seems like a perfect solution, but it’ll take governmental collaboration and tax breaks to make such projects financially compelling, developers say.
June 11 -
The continued home price spike also drove the negative equity share to an all-time low, according to CoreLogic.
June 10 -
Rising sea levels aren’t keeping buyers from scooping up oceanfront homes as work flexibility gives consumers wider options on where to live, according to Redfin.
June 9 -
In the aftermath of 2020’s historic year of mortgage originations, lenders are concerned with keeping employees and insulating themselves from the negative effects of the boom and bust cycle, according to a survey from The Mortgage Collaborative.
June 8 -
While a growing share of consumers feel optimistic about the economic recovery underway, the extreme seller’s market made the majority of prospective borrowers pessimistic for only the second time in 10 years, according to Fannie Mae.
June 7 -
The four-week high in forbearance exits also helped drive the considerable drop in plans, according to Black Knight.
June 4 -
Refinancings more than doubled the year-ago amount and made up for the slowed purchase activity, according to Attom Data Solutions.
June 3 -
The digital title insurance, closing, escrow, and recording services provider has now raised a total of $110 million in funding.
June 2
