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Loan-Modification Scam Spawns $4.5M Consent Order

Loan-Modification Scam Spawns $4.5M Consent Order

Friday, 17 June 2022
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Florida businesses that allegedly targeted Hispanics in violation of the Fair Housing Act have agreed to pay $4.5 million in a consent order, according to the Department of Justice. So reports the Orlando Sentinel. Read more...
Mortgage Demand Has Fallen By Half Since a Year Ago

Mortgage Demand Has Fallen By Half Since a Year Ago

Friday, 17 June 2022
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With home prices high and rates rising, overall mortgage demand has tumbled by roughly half from the same time a year ago, according to one weekly measure. So reports CNBC. Read more...
Foreclosures Continue Their 'Slow, Steady Climb Back to Normal'

Foreclosures Continue Their 'Slow, Steady Climb Back to Normal'

Thursday, 16 June 2022
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Foreclosure activity has continued ticking back up from its pandemic lows, according to the latest monthly data from ATTOM. So reports Forbes.com. Read more...
Mortgage Rates Rebound to 5.23% Ahead of Fed Meeting

Mortgage Rates Rebound to 5.23% Ahead of Fed Meeting

Sunday, 12 June 2022
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U.S. long-term mortgage rates have bounced higher in the week before the next Federal Reserve meeting. So reports CBS. Read more...
Fannie Mae: 79% of Consumers Say It’s a Bad Time to Buy a Home

Fannie Mae: 79% of Consumers Say It’s a Bad Time to Buy a Home

Sunday, 12 June 2022
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Fannie Mae’s monthly housing survey has found that the share of U.S. consumers who think it’s a bad time to buy a home has hit a record high of 79%. So reports MarketWatch. Read more...
GSEs Launch Effort to Ease Homeownership, End Racial Gap

GSEs Launch Effort to Ease Homeownership, End Racial Gap

Sunday, 12 June 2022
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Fannie Mae and Freddie Mac have unveiled plans for making it easier to buy a home and closing the racial homeownership gap. So reports USA Today. Read more...
Mortgage Demand Index Sinks to 22-Year Low

Mortgage Demand Index Sinks to 22-Year Low

Sunday, 12 June 2022
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Appetite for mortgages has continued to fall as mortgage rates rebound from a May slip and home listings remain scarce. So reports CNBC. Read more...
Bodnar of MMG: Can the Fed Pull Off a Soft Landing

Bodnar of MMG: Can the Fed Pull Off a Soft Landing

Sunday, 12 June 2022
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CPI was hot, hot, hot, according to Bill Bodnar of the Mortgage Market Guide (MMG). Now the discussion is whether the Fed can administer a soft landing and hikes rates without putting the economy into a recession. Read more...
Black Knight Joins Forces with AI Data Firm Percy

Black Knight Joins Forces with AI Data Firm Percy

Friday, 03 June 2022
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Black Knight has announced a strategic alliance with Percy, which analyzes real-estate consumer data using artificial intelligence and machine learning. Read more...
Mortgage Rates Dip for Third Straight Week But Still Up From 2021

Mortgage Rates Dip for Third Straight Week But Still Up From 2021

Friday, 03 June 2022
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Mortgage rates have posted their third consecutive weekly decline, but they’re still much higher than they were a year ago. So reports CNN. Read more...

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