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Delinquencies Seen Topping Pre-Pandemic Levels Into 2022

Delinquencies Seen Topping Pre-Pandemic Levels Into 2022

Friday, 09 October 2020
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Mortgage delinquencies are on pace to stay above pre-pandemic levels until March 2022. That’s according to Black Knight’s latest Mortgage Monitor Report. Read more...
Bodnar of MMG: Trump, COVID-19 and 3 Things the Bond Market Doesn’t Like

Bodnar of MMG: Trump, COVID-19 and 3 Things the Bond Market Doesn’t Like

Friday, 02 October 2020
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Bill Bodnar of The Mortgage Market Guide discusses the impact of the Trumps testing positive for COVID-19. Read more...
Mortgage Disclosure Rule Causes Lenders to Pay: CFPB

Mortgage Disclosure Rule Causes Lenders to Pay: CFPB

Friday, 02 October 2020
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The Consumer Financial Protection Bureau, in a new five-year review of its mortgage disclosure rule, has found that the regime carried a price tag for lenders. So reports Asset Securitization Report. Read more...
August Pending Home Sales Surge to All-Time High

August Pending Home Sales Surge to All-Time High

Friday, 02 October 2020
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Pending home sales have reached their highest level on record since the National Association of Realtors began its monthly survey 19 years ago. So reports The Hill. Read more...
Job Growth Slows As Economic Recovery Loses Steam

Job Growth Slows As Economic Recovery Loses Steam

Friday, 02 October 2020
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The last jobs report before November’s election indicates that the U.S. economic rebound is giving up speed amid a lack of fiscal stimulus or a coronavirus vaccine. So reports Bloomberg. Read more...
Rates Slip Again, But Are Home Prices Too High?

Rates Slip Again, But Are Home Prices Too High?

Friday, 02 October 2020
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While mortgage rates have edged lower again, it’s uncertain whether home prices could eventually reach a point where buyers as a group are priced out, regardless of rates. So reports MarketWatch. Read more...
Forbearances Down 24% from May Peak: Black Knight

Forbearances Down 24% from May Peak: Black Knight

Friday, 25 September 2020
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The pace of improvement in the number of mortgages in active forbearance increased this week, as the number of plans fell 95,000 over the last week (-2.6%). Read more...
Bodnar of MMG: A Rough September for Stocks

Bodnar of MMG: A Rough September for Stocks

Friday, 25 September 2020
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The resurgence of COVID-19 cases, particularly in Europe, has contributed to a tough month for stocks. Read more...
Fed Calls for More Fiscal Stimulus as Congress Stays Divided

Fed Calls for More Fiscal Stimulus as Congress Stays Divided

Friday, 25 September 2020
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A succession of Federal Reserve officials have reiterated that the economic recovery can’t continue based on the support of monetary policy alone. So reports Bloomberg. Read more...
United Wholesale Mortgage Goes Public Via Blank-Check Company

United Wholesale Mortgage Goes Public Via Blank-Check Company

Friday, 25 September 2020
Lending
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United Wholesale Mortgage will be publicly listed after a merger with a special purpose acquisition company, or SPAC, tied to billionaire Alec Gores. So reports The Detroit News. Read more...

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