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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With limited plan removals due to the holidays, mortgages in coronavirus-related forbearance rose by 15,000, according to Black Knight.
January 4 -
Remote online notarization helped originators close loans amid social distancing measures, but complex local laws remain a barrier to its widespread use.
December 30 -
The agency's request for input will shape how mortgages underwritten by Fannie Mae and Freddie Mac handle appraisals and curb risk.
December 29 -
Despite intensified demand and plummeting inventory, consumer home purchasing power made gains behind falling interest rates in October, according to First American.
December 28 -
High property value growth can be locked in through proximity to one of the top amenities an area can have: grocery stores.
December 23 -
About 4,400 loans started the foreclosure process in November, alongside 176,000 mortgages in active foreclosure.
December 22 -
The forbearance rate rose behind slowed economic recovery, according to the Mortgage Bankers Association.
December 21 -
The new bill ordering $600 stimulus checks and $25 billion in emergency rental assistance won't be enough to help millions of Americans struggling to make housing payments, according to industry watchers.
December 21 -
With infection rates rising and unemployment claims increasing since Thanksgiving, mortgages in coronavirus-related forbearance rose by 37,000 last week, according to Black Knight.
December 18 -
The boom continues, with refinances making up a 61% share of all mortgage loans issued that month, according to Ellie Mae.
December 17