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Bodnar of MMG: Why 'Less is More' is Driving Rates

Bodnar of MMG: Why 'Less is More' is Driving Rates

Saturday, 10 July 2021
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Bill Bodnar of The Mortgage Market Guide (MMG) notes that this week rates hit the lowest levels since mid-February on the notion that less is more on many fronts, including inflation, employment, growth and policy response. Read more...
White House Panel Seeking Work-around for Backlog of Eviction Lawsuits

White House Panel Seeking Work-around for Backlog of Eviction Lawsuits

Thursday, 08 July 2021
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As the summer months wane, property owners, tenants and their associated advocates are facing major legal considerations with respect to enduring state and federal eviction restrictions. A federal moratorium has been put in place with an expiration date set for Saturday, July 31, although a number of other state mandates, which have faced their own… Read more...
Bodnar of MMG: 1st Half Recap, 2nd Half Preview

Bodnar of MMG: 1st Half Recap, 2nd Half Preview

Wednesday, 30 June 2021
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Bill Bodnar of The Mortgage Market Guide recaps the first half of 2021 and discusses what to look for as the back half of the year begins. Read more...
Forbearances Up By 1K During Past Week: Black Knight

Forbearances Up By 1K During Past Week: Black Knight

Sunday, 27 June 2021
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The number of active forbearance plans edged slightly higher (+1,000), continuing what’s become a common trend of marginal mid-month increases, according to data from Black Knight. Read more...
Foreclosure Moratorium Gets Another Extension, Through July

Foreclosure Moratorium Gets Another Extension, Through July

Saturday, 26 June 2021
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The Biden administration has unveiled another extension for its temporary ban on foreclosures in the wake of the COVID-19 pandemic. So reports NBC News. Read more...
House Votes to Scrap Trump’s 'True Lender' Rule

House Votes to Scrap Trump’s 'True Lender' Rule

Saturday, 26 June 2021
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The Trump administration’s “true lender” rule made it easier for banks and fintech companies to join forces without running afoul of state laws. Now, the House has voted to repeal it. So reports Bloomberg. Read more...
First American Settles With SEC Over Data Leak

First American Settles With SEC Over Data Leak

Saturday, 26 June 2021
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First American Financial has resolved SEC allegations stemming from the 2019 discovery of a cybersecurity flaw that exposed customer data. So reports Corporate Secretary. Read more...
Mortgage Rates Climb Over 3%, Hit Two-Month High

Mortgage Rates Climb Over 3%, Hit Two-Month High

Saturday, 26 June 2021
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U.S. mortgage rates have jumped above the 3% mark to their highest level in 10 weeks. So reports Bloomberg. Read more...
Forbearances Tick Down Slightly Over Past Week

Forbearances Tick Down Slightly Over Past Week

Sunday, 20 June 2021
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The number of active forbearance plans declined again in the most recently weekly data from Black Knight. The number fell by only 7,000 from the previous Tuesday. Read more...
Bodnar of MMG: What to Make of the Fed Rate Hike Forecast

Bodnar of MMG: What to Make of the Fed Rate Hike Forecast

Sunday, 20 June 2021
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Bill Bodnar of The Mortgage Market Guide (MMG) says it was all about the Fed last week and how they forecasted hiking rates in 2023 rather than in 2024, which was the previous expectation. Read more...

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