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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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 -
While the haggling tapered off slightly alongside the housing market’s seasonal slowdown, home sales remained five times more competitive than the year before, according to Redfin.
December 16 -
With coronavirus inoculations underway and government stimulus likely to come, the outlook for next year’s housing market and lending environment grew more optimistic in December.
December 15 -
The forbearance rate continued its improvement, but the surge of COVID-19 cases could lead to more borrowers needing mortgage relief, according to the Mortgage Bankers Association.
December 14 -
The largest concerns are with pandemic risk and defaults, along with business resilience and adaptability, according to a Wolters Kluwer survey.
December 14 -
While 12,000 mortgages exited forbearance, the most borrowers entered forbearance protection in a week since early September, according to Black Knight.
December 11
