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Chris Frankie
Forbearances Decline on Month-End Expirations: Black Knight
- Saturday, 06 February 2021
As expected, forbearance volumes declined this week, driven by January month-end plan expirations. According to Black Knight’s McDash Flash Forbearance Tracker, after two (also expected) consecutive weekly increases, the number of mortgages in active forbearance fell by 45,000, a 1.6% drop this week.
Read more...Bodnar of MMG: What to Take Away from Positively Sloped Charts
- Friday, 05 February 2021
Rates have ticked up with the 10-year note at 1.15%. This week Bill Bodnar of The Mortgage Market Guide (MMG) discusses some positively sloped charts that are important for you and your clients to follow.
Read more...Fed’s Kaplan Says Stock-Trading Mania Poses No Systemic Risk
- Friday, 05 February 2021
Dallas Federal Reserve Bank President Robert Kaplan has reassured investors that the recent, Reddit-driven spree of trading in stocks such as GameStop does not currently threaten overall market stability. So reports Reuters.
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