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Author Archives: Chuck Green

Chuck Green has contributed to the Wall Street Journal, Washington Post, Los Angeles Times, San Francisco Chronicle, Chicago Tribune and others covering various industries, including real estate, business and banking, technology, and sports.

Latest Housing Market Stats

Home sellers are in good shape this week, with a low supply and buyers chomping at the bit in light of total for-sale inventory contracting for the 13th week in a row. That puts sellers behind the wheel of the ...

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Servicers Prepare for COVID-19 Aftermath

quarantine moratorium

When COVID-19 hijacked the headlines in March in the United States, economic activity throughout the country was paralyzed. First-time unemployment claims poured in at an unprecedented pace, according to TheFinancialbrand.com.   In order to negotiate the crisis on the brink of barreling in, ...

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This Week’s Housing and Economic Report

Annualized in Q2 2020, the gross domestic product, adjusted for inflation, plummeted 31.7%, according to the second estimate from the Bureau of Economic Analysis. That’s a bit better than the advance estimate of a 32.0% drop annualized. Private inventories, consumer spending, business ...

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10 Places Most Affected By Delinquencies

delinquency

A number of metros in seven states are under enhanced siege by a percolating number of FHA delinquencies, jeopardizing homeowners and neighborhoods, according the AEI.org. A cocktail of factors place them at pronounced risk. They include, a large FHA portfolio ...

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Most Competitive Housing Markets

The common refrain is that competition unleashes the best in everything. Along those lines, while low rates likely will abet a number of those in the most competitive housing markets, many housing markets are teeming with as much competition as ...

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The Ups and Downs of Mortgage Forbearance Trends

As of August 10, the total number of loans now in forbearance dipped one basis point from 7.21% of servicers' portfolio volume the week before to 7.20%, according to the Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey. ...

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The Ticking Clock of Mortgage Delinquency

The U.S. serious delinquency rate is expected to quadruple in 2021, researchers say. If that becomes reality, millions of homeowners could be at risk without additional government programs and support.

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