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Consumer Confidence in Housing Falls Again As COVID-19 Pandemic Surges

Consumer Confidence in Housing Falls Again As COVID-19 Pandemic Surges

Tuesday, 12 January 2021
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The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) fell for the second straight month in December to 74.0, a 6.0 point decline from November. Read more...
Black Knight Adds Guided Close Functionality to eClose Platform

Black Knight Adds Guided Close Functionality to eClose Platform

Monday, 11 January 2021
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Black Knight said it has delivered new capabilities in the company’s Expedite Close digital closing solution to more easily facilitate fully digital real estate transactions. Read more...
Mortgage Rates Drop Even Lower to Start 2021, Hit Fresh Record

Mortgage Rates Drop Even Lower to Start 2021, Hit Fresh Record

Friday, 08 January 2021
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As the calendar turned on a new year, interest rates on mortgage loans fell once again to a new all-time low. So reports the Associated Press. Read more...
St. Louis Fed Boss Sees Economic Recovery Continuing in 2021

St. Louis Fed Boss Sees Economic Recovery Continuing in 2021

Friday, 08 January 2021
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The president of the St. Louis Federal Reserve has signaled that he expects the U.S. economy will continue to bounce back in the first six months of this year. So reports Reuters. Read more...
Philly Fed Chief Warns of 'Significant Slowdown' in Q1

Philly Fed Chief Warns of 'Significant Slowdown' in Q1

Friday, 08 January 2021
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The president of the Philadelphia Federal Reserve has cautioned that he is bracing for the economy to lose much of its oomph in the first three months of 2020. So reports Dow Jones. Read more...
Proposed Changes to Appraisal Rules Hold Pros and Cons

Proposed Changes to Appraisal Rules Hold Pros and Cons

Friday, 08 January 2021
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A federal housing watchdog’s move to potentially overhaul home appraisal rules could save time but, if done wrong, could exacerbate racial inequities. So reports MarketWatch. Read more...
Bodnar of MMG: The Problem and Opportunity with Inflation

Bodnar of MMG: The Problem and Opportunity with Inflation

Thursday, 07 January 2021
Lending
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Bill Bodnar of The Mortgage Market Guide (MMG) discusses the big change in the financial markets. Read more...
Bodnar of MMG: What to Expect Heading Into 2021

Bodnar of MMG: What to Expect Heading Into 2021

Saturday, 02 January 2021
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Bill Bodnar of The Mortgage Market Guide (MMG) notes that heading into 2021, home loan rates are near the best levels ever. Read more...
Critical Defect Rate Highest Since 2018: ACES Report

Critical Defect Rate Highest Since 2018: ACES Report

Saturday, 02 January 2021
Lending
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ACES Quality Management, which provides enterprise quality management and control software for the financial services industry, released its quarterly ACES Mortgage QC Trends Report covering the second quarter (Q2) of 2020. Read more...
Forbearances Increase for 3rd Week in a Row: Black Knight

Forbearances Increase for 3rd Week in a Row: Black Knight

Saturday, 02 January 2021
Lending
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Forbearance plan volumes ticked upward for the third consecutive week, rising by 15,000 from the week prior and pushing the number of active plans to its highest level since early November. That's according to data from Black Knight. Read more...

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