Serious delinquencies have spiked to the highest rate in some 21 years and double The Great Recession's January 2010 peak. Yet, foreclosures are at an all-time low. Here's what it all means.
Read More »MBS Remain ‘Strong Source of Capital for America’s Homeowners’
"This is a year that continues to set records," according to a Ginnie Mae executive.
Read More »Home Buying and Selling Sentiment ‘Recovering’
Consumers in October reported a more optimistic view of both buying and selling homes, while also reporting a less positive outlook on personal finances and employment, based on Fannie Mae's Home Purchase Sentiment Index (HPSI) Experts such as Doug Duncan, Senior ...
Read More »HUD Secretary Ben Carson Tests Positive for COVID-19
Housing and Urban Development (HUD) Secretary Dr. Benjamin Carson has tested positive for COVID-19. ABC News' Katherine Faulders reported via Twitter that Carson is one of multiple people working closely with the White House who has contracted the virus. He also ...
Read More »DS5: Keeping Families ‘Together and In Their Homes’
The latest episode of DS5: Inside the Industry features an interview with Vanessa Lindow, co-CEO/ co-President at Bayview Loan Servicing. Lindow discusses the way servicers have responded to COVID-19. She touches on the ways in which the industry has utilized technology ...
Read More »The Week Ahead: COVID-19 as ‘A Catalyst for Change’
On November 12, CoreLogic will host a webcast entitled, "A 20/20 View of 2020: A Catalyst for Change." It will take place at 9 a.m. PT/ 11 a.m. CT/noon ET. The property data analysts will discuss the ways in which ...
Read More »Freddie Mac’s CRT Program ‘Came Charging Back’ in Q3
Freddie Mac's Single-Family business announced Wednesday that its Credit Risk Transfer (CRT) program transferred credit risk via $6.4 billion of issuance on $167.3 billion of single-family mortgages from U.S. taxpayers to the private sector in the third quarter of 2020. ...
Read More »Forbearance Activity ‘Warrants a Close Eye”
After inching up last week, forbearances fell by 137,000 since last Tuesday, due to October's forbearance expiration activity. The experts at Black Knight say this was "roughly what was expected for the first week of the month, though there is ...
Read More »Should Consumer Protections Account More for Fintech?
The global health crisis is harming many Americans' financial histories, which, in the long run, could prevent large numbers of families from securing lending for a home. While federal proposals and programs have sought to safeguard consumers' FICO credit scores, ...
Read More »Habitat for Humanity to Congress: ‘Act Now for Housing’
About 30-40 million American homeowners and renters face foreclosure or bankruptcy and loss of housing when protective moratoria expire December 31, studies show. The global nonprofit Habitat for Humanity is demanding that Congress return to Washington, D.C., as soon as ...
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