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Borrower equity fell $78.8 billion, or 0.5%, year over year in Q4, according to Cotality's Home Equity Report. That's an average decrease of $8,500.
March 13 -
A group representing this part of the industry and a community lenders' association both called for more time to implement the legislative mandate.
March 12 -
The number of homes with default notices, scheduled auctions or bank repossessions last month was down from January but up 20% from a year ago.
March 12 -
Agency MBS investors have had limited information about primary loans coexisting with home equity products, and may want to get more now, according to Experian.
March 11 -
Residents in more than half of U.S. counties need greater than one-third of income to successfully manage major housing costs, according to new Attom research.
March 11 -
Nonagency underwriting is expanding but the public sector is a different story due to recent performance issues, according to the Mortgage Bankers Association.
March 10 -
The industry welcomed the Department of Veterans Affairs' plan for implementing legislatively-created borrower relief but some would like more clarification.
March 6 -
While correspondent is still the bulk of Planet Financial's production, growth of its servicing portfolio helped the company increase retention volume.
March 6 -
Many homeowners and first-time buyers are surprised by rising property taxes and insurance, which can sharply increase monthly mortgage costs beyond principal and interest.
March 5 -
The government-sponsored enterprises' oversight chief severed ties with the AI firm following President Trump's dispute with it over boundaries on military use.
March 3














