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Despite Seasonal Uptick, Mortgage Delinquencies Fall 11% from Last Year: Black Knight

Despite Seasonal Uptick, Mortgage Delinquencies Fall 11% from Last Year: Black Knight

Monday, 28 October 2019
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September saw a slight seasonal uptick in delinquencies to 3.53% (+2% from August), but the national delinquency rate was down 11.2% from this time last year. That's according to a first look at Black Knight's September 2019 month-end mortgage performance statistics, derived from its loan-level database, representing the majority of the national mortgage market. Read more...
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Three Indicted for $7M Mortgage Fraud Against Elderly

Three Indicted for $7M Mortgage Fraud Against Elderly

Thursday, 31 October 2019
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Three operators of a mortgage company have been arrested and charged for allegedly running a $7 million fraudulent scheme across California, with many of the victims elderly and financially troubled. So reports the San Diego Union-Tribune. Read more...
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Supreme Court to Weigh CFPB Constitutionality

Supreme Court to Weigh CFPB Constitutionality

Wednesday, 30 October 2019
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The U.S. Supreme Court has announced that it will consider a legal challenge to the Consumer Financial Protection Bureau, taking up the case of law firm Seila Law, which refused to comply with the regulator. So reports The Hill. Read more...
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Existing Home Sales Slip in September

Existing Home Sales Slip in September

Tuesday, 29 October 2019
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Last month’s numbers for home sales came in lower than economists were anticipating amid a lack of affordable housing supply. So reports Reuters. Read more...
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Ask The Expert Pt. 2: What is Your Opinion of Calling on Accountants to Get Loans?

Ask The Expert Pt. 2: What is Your Opinion of Calling on Accountants to Get Loans?

Thursday, 24 October 2019
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By Dave Hershman, Senior Vice President, Sales of Weichert Financial Read more...
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Housing Affordability for African-Americans Has Gotten Worse

Housing Affordability for African-Americans Has Gotten Worse

Tuesday, 22 October 2019
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The typical African-American family is having a harder time finding a home in their price range, according to data from Redfin. So reports USA Today. Read more...
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Refinances Were Almost Half of September Originations

Refinances Were Almost Half of September Originations

Tuesday, 22 October 2019
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As the interest rate on a 30-year fixed-rate mortgage dropped for a ninth straight month in September, refinances climbed to account for nearly half of all loans. That’s according to Ellie Mae in its September Origination Insight Report. Read more...
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Builder Confidence Swells to 20-month High

Builder Confidence Swells to 20-month High

Wednesday, 23 October 2019
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U.S. homebuilders are at their most upbeat in almost two years, as lower mortgage rates lure in buyers. So reports CNBC. Read more...
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Black Knight Launches 'Regulatory Assist' Solution to Help Lenders

Black Knight Launches 'Regulatory Assist' Solution to Help Lenders

Monday, 21 October 2019
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Black Knight has launched Regulatory Assist, which integrates directly with the Black Knight Empower loan origination system (as well as other loan origination platforms). Read more...
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Ask The Expert: What is Your Opinion of Calling on Accountants to Get Loans?

Ask The Expert: What is Your Opinion of Calling on Accountants to Get Loans?

Friday, 18 October 2019
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By Dave Hershman, Senior Vice President, Sales of Weichert Financial Read more...
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