Origination

U.S. home purchases by foreign buyers have dropped to the lowest point in more than a decade.

Mortgage industry hiring and new job appointments for the week ending Aug. 7.

After an initial fizzle, the stock at one point was trading above the original expected price range.

Conditions have improved for the first time since November.

Whether mortgage rates continue to decline may depend on Friday’s job numbers.

Rising equity levels lifted borrowers across the spectrum in the second quarter, according to Attom Data Solutions.

Insurance claims and claims expenses were 503% above 1Q and 1,075% over 2Q19.

Credit card balances declined most sharply as consumers cut back their spending due to the coronavirus pandemic and associated shutdown orders, the New York Fed said Thursday. But delinquencies also fell across all debt categories, thanks to government and lender relief efforts.

While Black homeownership just rose to its highest level in 16 years, it's still the lowest of any racial demographic and 29 percentage points behind white people.

The agency said property owners can enter into new or modified forbearance plans if they have a hardship due to the coronavirus, but the landlords must agree not to kick out renters solely for nonpayment of rent.