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Chris Frankie
Forbearances Fall for 2nd Consecutive Week: Black Knight:
- Tuesday, 16 June 2020
The number of homeowners in active forbearance on their mortgages fell for the second consecutive week, according to Black Knight data. Overall, the number of active forbearance plans is down 77,000 from last week, and 112,000 from the peak during the week of May 22.
Read more...More Lenders Believe U.S. Economy on the Wrong Track: Survey
- Thursday, 18 June 2020
For the first time in history, more lenders responding to the Fannie Mae Mortgage Lender Sentiment Survey® say they believe the U.S. economy is on the wrong track, rather than on the right track. After years of remaining largely unchanged, this quarter the majority of lenders reported tightening credit standards across all loan types.
Read more...What the Recent Unemployment Figures Mean to Fannie Mae’s Economist
- Sunday, 14 June 2020
While initial claims for unemployment insurance came in at 1.5 million for the current reporting week (June 6), representing a decline of 350,000 from the previous week’s level, there have still been more than 44 million unemployment insurance claims filed over the last 12 weeks.
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