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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While the overall delinquency rate decreased for the fifth straight month, states with unemployment rates that were double and triple the national average had the most overdue loans, a CoreLogic report found.
April 13 -
The stabilizing economy drove one of the biggest mortgage recoveries on record, according to the Mortgage Bankers Association.
April 12 -
Even as properties spent the least time ever on the market and the average sale-to-list home price ratio broke 100%, some indicators point to a slight reversal, which could head off “runaway home price speculation or a housing bubble,” Redfin chief economist Daryl Fairweather said.
April 9 -
The digital lender’s valuation ballooned to $6 billion from $4 billion less than five months after closing a $200 million fundraise.
April 8 -
More lenders are willing to take on borrowers who are lower on the qualification spectrum as the economy rebounds.
April 8 -
As vaccinations proliferate, homeowners who held off during the pandemic are finally gearing up to list their properties, a recent survey finds.
April 7 -
Mortgage rates that are rising in tandem with a recovering economy dampened borrower activity, even with prime homebuying season underway.
April 7 -
Increasingly extreme weather patterns and natural disasters weigh heavy on the majority of borrowers looking to buy a house, while half will move because of it, according to Redfin.
April 5 -
After two straight months on an upward trajectory, rising interest rates pushed homebuyer demand down to a third of where it stood at the start of 2021, according to Freddie Mac.
April 1 -
As credit remains tight, Opportunity Financial’s work with consumer financial services Brightside firm aims to offer a wider swath of borrowers access to small loans.
March 31
