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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Independent mortgage banks started 2020 strong after three quarters of high profits, according to the Mortgage Bankers Association.
June 4 -
Millennial refinance activity hit a new high-water mark behind historically low mortgage rates, up 40 percentage points from the year before, according to Ellie Mae.
June 3 -
With would-be sellers too spooked to list their homes and would-be buyers held up due to social distancing orders, home price appreciation accelerated in April. And it could continue into the summer.
June 2 -
Coronavirus-related mortgages in forbearance grew 10 basis points between May 18 and May 24, according to the Mortgage Bankers Association.
June 1 -
The Federal Reserve's actions should keep interest rates down and bring home sales back in June, according to NerdWallet.
June 1 -
The social distancing related limitations on home appraisals is inspiring some companies to find new ways to advance the process.
May 29 -
In addition to the potential wave of mortgage defaults resulting from coronavirus-driven forbearances, hurricane season could put nearly 7.4 million homes worth $1.8 trillion at risk.
May 28 -
The temporary approval of remote ink-signed notarizations gives mortgage companies another tool for closing deals during coronavirus lockdown.
May 27 -
Coronavirus-related mortgages in forbearance grew 20 basis points between May 11 and May 17, according to the Mortgage Bankers Association.
May 26 -
Some cities saw drops in annual housing supply nearing 40% in early May, according to Zillow.
May 26 -
With the recent acceleration to cloud computing, how can mortgage companies, who constantly deal with sensitive personal information, maintain safety?
May 26 -
As the growth rate in forbearance requests downshifts, a vast stockpile of loans await modifications.
May 22 -
With mortgage rates reaching all-time lows in the opening quarter, refinance originations were up in 97% of housing markets during 1Q, according to Attom Data Solutions.
May 21 -
From the Midwest to mid-Atlantic, here's a look at 12 housing markets where first-time homebuyers find the most affordability, according to NerdWallet.
May 20 -
Total forbearance driven by the coronavirus rose by 25 basis points, which suggests it is still growing but at a slowing pace, according to the Mortgage Bankers Association.
May 18 -
With the coronavirus impact in full effect, a four-month streak of growth ended in April, according to Remax.
May 18 -
Eligible borrowers can add the forborne payments to the end of their loan term.
May 13 -
If employers maintain flexible working practices after lockdowns get lifted, housing preferences and subsequent property values could greatly change.
May 13 -
After over two years of falling delinquency rates, the burgeoning unemployment following the coronavirus economic shutdown will bring a surge of outstanding mortgages.
May 12 -
The number of mortgages in coronavirus-related forbearance rose by 37 basis points as the unemployment rate soared, according to the Mortgage Bankers Association.
May 11
