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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Mortgage delinquencies dropped to the lowest level since March but, particularly at the seriously delinquent level, they're still much higher than pre-coronavirus rates, according to Black Knight.
November 23 -
As mortgage rates stayed below 3% in the third quarter, originations spiked to the highest quarterly total since 2007 and highest dollar volume since 2005, according to Attom Data Solutions.
November 20 -
The widening chasm between housing supply and demand drove sales to record growth and prices to a seven-year high in October, according to Redfin.
November 19 -
Use of mortgage technology was fast-tracked due to coronavirus lockdowns and kept the lending industry humming, laying the foundation for a greater share of digital closings in 2021.
November 19 -
New-home construction maintained its momentum in October while possible site shutdowns loom.
November 18 -
Homes in some parts of the country spent as little as 20 days on the market, while the U.S. housing supply hit just 1.7 months in October, according to Remax.
November 17 -
The number of bidding wars increased for the sixth consecutive month, as Salt Lake City remained the most competitive housing market, according to Redfin.
November 16 -
The substantial Series D fundraise fuels speculation on whether Better.com will be the next mortgage company to hop on the IPO trend.
November 13 -
With the coronavirus cutting employment or wages in 32% of households, the number of potential homebuyers could shrink and cause home price growth to hit its inflection point, analysts say.
November 13 -
The third quarter’s higher share of purchase applications, which followed the refinance wave that crested in the second, caused a rise in mortgage application fraud risk, according to CoreLogic.
November 12
