Mortgages

Closing loans is just one way BMO Harris and other banks are looking to use online notarization. But there are obstacles to overcome before it becomes standard practice.

Mortgage rates remained generally steady this past week, even with the continuing market volatility, and that is helping the purchase market, according to Freddie Mac.

The agency's announcement came one day after the agency said it would provide borrowers struggling to stay current with an additional payment deferral option.

The commercial mortgage broker's move is part of its formation of a dedicated multifamily group.

Homeowners hurt by coronavirus were told they could delay their mortgage payments without facing consequences. Now, some are learning they’re at risk of being shut out of the housing market.

As businesses temporarily shut down and joblessness climbed to Depression-era levels, home sales in the metro area plunged last month, according to the Atlanta Realtors Association.

Stay-at-home orders dealt a heavy blow to home sales across the state in April, but they didn't knock the market off its feet, according to the Colorado Association of Realtors.

Eligible borrowers can add the forborne payments to the end of their loan term.

If employers maintain flexible working practices after lockdowns get lifted, housing preferences and subsequent property values could greatly change.

Previously, mortgage firms concentrated on borrower-facing systems at the expense of internal experience.

From what it takes to accommodate remote notarization to figuring out how to process an influx of forbearance requests through limited communication channels, here are five takeaways from coronavirus-related work restrictions.

As the economic fallout from the novel coronavirus pandemic continues to widen, the Charlotte area housing market saw its largest drop in home sales last month in over a decade.

While overall mortgage application volume remained flat, purchase activity continued to rebound — and that should be the case through the remainder of the spring, according to the Mortgage Bankers Association.

Some real estate agents say there are signs the local housing market has started to rebound since late March, when efforts to reduce the spread of the virus led to stay-at-home orders in Austin and elsewhere.

The joint site describes potential strategies for both homeowners and renters economically affected by COVID-19.

By the end of the first quarter, the number of borrowers 30 days late on their mortgage increased by 59 basis points.

U.S. home prices continued climbing in the first quarter, before the impact of the pandemic's economic shutdown took hold.

After over two years of falling delinquency rates, the burgeoning unemployment following the coronavirus economic shutdown will bring a surge of outstanding mortgages.

Rick Thornberry is looking to the lessons from the Great Recession and applying them to current conditions.

Home prices fell slightly across Albuquerque, N.M., in April due to the COVID-19 pandemic, but the Greater Albuquerque Association of Realtors is optimistic the slowdown will be short-lived.