Home equity delinquency rates continued to rise in June while jumbo delinquencies stayed relatively flat, according to Moody's Investors Service reports.The 60-plus day HE delinquency rate based on current balance rose to 13.20% in June from 12.35% in May and jumbo delinquencies in that category were 0.417%, relatively unchanged from the previous month's level of 0.421%, Moody's said. Moody's can be found online at http://www.moodys.com.
Consensus estimates and BTIG analyst Douglas Harter's volume prediction both put Rocket ahead of UWM for the period, but by how much is where the two are different.
Mid-Atlantic home sales climbed in June as inventory grew, even with mortgage rates near 6.5%. High-income and repeat buyers led the gains, Bright MLS found.
HUD must complete 124 actions to implement the new housing law, with roughly half due within a year. Here's what's changing for lenders and borrowers.
The Federal Reserve governor said the central bank should consider near-term rate hikes if core-measures of inflation continue to climb.
Bipartisan pushback is targeting data centers with calls to eliminate tax breaks and ensure their energy consumption costs do not get passed on to residents.
Residents who filed a class action lawsuit say the title insurer is unfairly profiting from their home data on its DataTree platform, without their consent.
