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The number of loans going into coronavirus-related forbearance dropped for the third consecutive week, as the growth rate fell 8 basis points between June 22 and June 28, according to the Mortgage Bankers Association.
July 7
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The agency sought to provide certainty that most actions from the past eight years remain in effect despite the ruling that the bureau's leadership structure is unconstitutional.
July 7
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Reps called the offer "opportunistic" and said it did not address regulatory concerns regarding overlaps with Bill Foley's other businesses, Fidelity and Black Knight.
July 7
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The court struck down a 2015 update to the Telephone Consumer Protection Act, which permitted robocalls to cellphones for government-related debt collection.
July 6
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Guarantee fees became the main source of revenue for government-sponsored enterprises during conservatorship, and reverting to a private stockholder model could create a need for more revenue.
July 6
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The $38.7 billion of equity withdrawn during the period was down 8% from the fourth quarter.
July 6
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While the multifamily loan forbearance rate is lower than the most pessimistic projections, Pat Jackson says borrowers are hardly out of the woods yet.
July 6
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The number of Southern California homes put into escrow rose for the 10th consecutive week, as the market recovers from the coronavirus economic shock.
July 6
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Napa County home sales sank like a rock this May, dropping 54% compared to one year ago, the California Association of Realtors reported.
July 3
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The notice of proposed rulemaking was mandated by the Dodd-Frank regulatory relief act passed in 2018.
July 2
