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Lending (1519)

3.4M Now in Forbearance, 6.4% of All Mortgages: Black Knight

3.4M Now in Forbearance, 6.4% of All Mortgages: Black Knight

Wednesday, 29 April 2020
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As of April 23, more than 3.4 million homeowners are now in forbearance plans, representing 6.4% of all active mortgages. That’s according to newly released data from Black Knight’s McDash Flash Forbearance Tracker. Read more...
Mortgage Volume Fizzles Despite Low Interest Rates

Mortgage Volume Fizzles Despite Low Interest Rates

Thursday, 30 April 2020
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Demand for mortgages seems to be leveling off, with purchase applications at a five-year low while refinance applications remain elevated. So reports CNBC. Read more...
Mortgage Rates Level Off, But Lenders’ Offerings Vary

Mortgage Rates Level Off, But Lenders’ Offerings Vary

Tuesday, 28 April 2020
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Mortgage rates were little changed last week, holding close to their all-time lows, but borrowers who were willing to shop around could see a range of different numbers. So reports MoneyWise. Read more...
Zillow Sees Glimmer of Hope for Housing Demand

Zillow Sees Glimmer of Hope for Housing Demand

Friday, 01 May 2020
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New research from Zillow suggests that demand for new homes may be rebounding after sales of homes collapsed in March. So reports CNBC. Read more...
Housing Regulator Relents, Gives Mortgage Servicers a Break

Housing Regulator Relents, Gives Mortgage Servicers a Break

Sunday, 26 April 2020
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Federal Housing Finance Agency Director Mark Calabria, responding to intense industry pressure, has offered mortgage servicers some relief. So reports Politico. Read more...
How Much is Tightening Credit Impacting Housing Market?

How Much is Tightening Credit Impacting Housing Market?

Friday, 24 April 2020
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The immediate impact of the coronavirus pandemic on the housing market will be a reduction in spring sales activity and a moderation of price appreciation, says First American Chief Economist Mark Fleming. Read more...
5.5% of All Mortgages in COVID-19-Related Forebearance: Black Knight

5.5% of All Mortgages in COVID-19-Related Forebearance: Black Knight

Wednesday, 22 April 2020
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As of April 16, more than 2.9 million homeowners are in forbearance plans, representing 5.5% of all active mortgages. Together, they account for $651 billion in unpaid principal and includes 4.9% of all GSE-backed loans and 7.6% of all FHA/VA loans. Read more...
Facing Pandemic, Some Home Buyers Are Going Virtual

Facing Pandemic, Some Home Buyers Are Going Virtual

Thursday, 23 April 2020
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Realtors are beginning to see clients agreeing to purchase homes remotely. That’s according to a new survey from the National Association of Realtors. Read more...
Refinances Send Mortgage Application Volume Up 7.3%

Refinances Send Mortgage Application Volume Up 7.3%

Sunday, 19 April 2020
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A rush to refinance home loans has driven weekly mortgage applications higher once again. So reports CNBC. Read more...
JPMorgan Chase Hits Pause on HELOC Applications

JPMorgan Chase Hits Pause on HELOC Applications

Sunday, 19 April 2020
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JPMorgan Chase is taking a break from accepting home equity line of credit (HELOC) applications amid the economic fallout from the coronavirus pandemic. So reports The American Banker. Read more...

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