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Navigating the Transition: The Shift in Mortgage Lending Rates The mortgage industry is witnessing a significant shift in lending rates, influencing both lenders and borrowers. This article explores the implications of these changes and strategies for adapting to new market conditions.
Chris Frankie
Weekly Forbearance Numbers See Modest Improvement: Black Knight
- Friday, 23 October 2020
Forbearance volumes saw a modest decline, falling by 11,000 from the week prior.
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Existing Home Sales Post Biggest Jump in 14 Years
- Friday, 23 October 2020
The National Association of Realtors has announced that U.S. existing home sales climbed 9.4% in September to a seasonally adjusted annual rate of 6.54 million. So reports Business Insider.
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CFPB Extends QM Patch Until Replacement Is Ready
- Friday, 23 October 2020
The Consumer Financial Protection Bureau has announced a final rule that extends the “QM patch” for Fannie Mae and Freddie Mac until whenever a successor is ready. So reports the Scotsman Guide.
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