Mortgages

About 3.4 million renters believe themselves to be at risk of eviction, but when the moratorium ends, the actual number may be between 130,000 and 660,000, according to a Zillow report published Monday.

As the U.S. economy swings from pandemic lows to a vaccine- and stimulus-induced rebound, the window of opportunity for discounted deals is closing before it ever really opened.

New entrants in the market may believe: “We’re doing everything right. Fraud isn’t a problem, and we have a fraud alert tool in place anyway.” This, of course, is exactly when fraud risk grows, warns Paul Harris of First American Data & Analytics.

The development bodes well for outcomes on distressed loans backed by major government-related mortgage investors Fannie Mae and Freddie Mac.

Five transactions in the past week provided cash infusions for tech companies that are developing products for real estate finance.

The proceeds are expected to be reinvested into agency mortgage-backed securities, which already make up 93% of Annaly's portfolio.

By applying what has been learned in the past year, mortgage providers can ensure they will be better positioned to take on more loans and grow their business, EarnUp CEO and co-founder Nadim Homsany writes

Matt Zames, who is stepping down from his position at Cerberus Capital Management this week, was an adviser to Doma before he joined its board in 2018, and is also a shareholder.

The FHFA’s forbearance extension to September is forcing nonbank servicers to buy out more delinquent loans. It's also upended loss estimates for investors and made racial and income disparities in the mortgage market worse.

That growth could be attractive to a housing finance industry that needs to find new loan sources as easy rate-and-term refinances dwindle.

But the 10-year Treasury yield began backing down after the weekend as investors reacted to turmoil in Europe.

The Originations event on April 15 dives deep into shifting market conditions, while our servicing symposium on June 17 will zero in on the most important issues facing that sector today. It all leads up to our Digital Mortgage Conference in September. Get involved!

Willis, Texas led the list, with the most borrowers who would be likely to default if faced with sudden financial hardship.

But UWM says the provision is designed to protect against a broker double-locking the loan and is used by other lenders.

Stuck between local zoning hurdles and a lack of ideal federal financing, ADUs could be an important aspect to unlocking much-needed inventory.

Despite a 3% increase in new mortgages, overall applications dropped 2% on a consecutive-week basis due to a 5% decline in refis, according to the Mortgage Bankers Association.

Volumes were at a record high in the final quarter of 2020 but lenders didn’t make quite as much since gains on loan sales to the secondary market fell.

The $10 million program appears to be the first of its kind in the nation.

The San Diego-based company produced $10.6 billion in the fourth quarter, and has done $6.1 billion in the first two months of 2021.

Sales in February rose 22.8 percent from the same month in 2020. A total of 1,062 homes changed hands last month compared with 865 the previous February, according to a Maine Listings report released Monday.