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The new bill ordering $600 stimulus checks and $25 billion in emergency rental assistance won't be enough to help millions of Americans struggling to make housing payments, according to industry watchers.
December 21 -
Strong earnings expected in the next year will provide the best opportunity in decades to raise capital and monetize equity, Stephen Curry of Endurance Advisory Partners argues.
December 21Endurance Advisory Partners -
Southern California home prices jumped 11% in November and sales increased by 19% from last year's levels as a robust market streak continued to defy the coronavirus pandemic that saddled the region with high unemployment.
December 21 -
Two reports reveal how borrowers prefer to engage with lenders, with younger customers preferring an efficient digital experience and most seeking some form of human interaction.
December 21 -
Michael Gramins, who a jury convicted in 2017, was among more than a half-dozen traders charged by federal prosecutors in Connecticut with misrepresenting the prices of mortgage-backed securities to clients in order to increase their firm’s profits and their bonuses.
December 18 -
The company expects a good year ahead for mortgage insurers, assuming that rising employment, higher home prices and payment timing deferrals will help them to mitigate risk.
December 18 -
The agency's rule outlines steps collectors must take to inform consumers about an outstanding debt, and prohibits companies from pursuing lawsuits after a statute of limitations has ended.
December 18 -
The accused, who also faces vehicle title and investment fraud charges, allegedly submitted falsified statements related to the payoff of an earlier mortgage when applying for a new one.
December 18 -
Bank and credit union groups are pushing to include the industry’s front-line workers in the next priority group, but even as a recommendation is coming soon from a CDC advisory panel, the decision ultimately will be made state by state.
December 18 -
With infection rates rising and unemployment claims increasing since Thanksgiving, mortgages in coronavirus-related forbearance rose by 37,000 last week, according to Black Knight.
December 18 -
Mortgage industry hiring and new job appointments for the week ending Dec. 18.
December 18 -
The Johnny Isakson and David P. Roe Veterans Health Case and Benefits Improvement Act includes a provision that extends eligibility for VA loans to certain full-time National Guard and Reserve members.
December 17 -
The Federal Reserve has already agreed to shut down emergency credit programs funded by the Coronavirus Aid, Relief and Economic Security Act, but Sen. Pat Toomey, R-Pa., and others want Congress to ensure the central bank cannot revive them.
December 17 -
The boom continues, with refinances making up a 61% share of all mortgage loans issued that month, according to Ellie Mae.
December 17 -
Noninterest income has bolstered profits this year. But its growth is expected to slow over the next two years, making for a gloomy earnings outlook unless vaccine distributions and the economic recovery are relatively swift.
December 17 -
The proposal builds on guidance the agency gave to Fannie Mae and Freddie Mac earlier this year.
December 17 -
Fiscal policy concerns, rather than economic data, are driving rate changes right now, economist says
December 17 -
Single-family starts rose for a seventh month to a 1.186 million annualized rate that was the highest since 2007.
December 17 -
The percentage of seriously delinquent loans hit 5.8% in the third quarter, up from 1.5% a year earlier but down from 6.8% in the second quarter.
December 16 -
While the haggling tapered off slightly alongside the housing market’s seasonal slowdown, home sales remained five times more competitive than the year before, according to Redfin.
December 16
























