Mortgages that are in active forbearance plans continue to fall in December, led by portfolio held and privately securitized loans.  According to Black Knight’s McDash Flash daily mortgage performance dataset, which covers more than 197 million home loans and home equity data on more than 27 ...

Mortgage holders have seen the highest rate of equity growth in 45 years, equaling roughly $56,700 per property.

ATTOM, along with its subsidiary RealtyTrac, has released its latest Foreclosure Market Report for November which has found that there was a total of 19,479 properties with foreclosure filings against them, down 5% from October but up 94% from a year ago. This increase marks the seventh consecutive monthly increase year-over-year.   The news was ...

It is no secret that renters are typically lower-income earners when compared to homeowners and are disproportionately affected by market fluctuations and outliers such as COVID-19. But now that most federal- and state-level protections have expired, it has been found that renters were three times ...

Fannie Mae hit a major milestone in 2021 as it has now issued $100 billion in green, multifamily mortgage-backed securities (MBS).  The GSE began issuing the MBS 10 years ago to support sustainable and affordable housing for residents in properties financed through its Green Building Certification program ...

As the days grow shorter and the year draws to a close, the real estate market is heading full-steam into 2022 and bringing record high prices with it.  Looking ahead to 2022, Zillow has released a list of predictions about what one could expect in the near ...

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, has announced that Fannie Mae, a source of financing for mortgages in the U.S., is using AWS to help solve the biggest challenges in housing. Fannie Mae uses the breadth and depth of AWS capabilities, ...

A criminal London Inter-Bank Offered Rate (LIBOR) rate-setting conspiracy that implicated major international banks has resulted in the Consumer Financial Protection Bureau (CFPB) finalizing a rule to transition away from the LIBOR interest rate index for all consumer financial products starting in 2022.  The rule establishes how creditors must select replacement indices for existing ...

Another record has fallen as CoreLogic’s latest Home Price Index (HPI) and HPI Forecast for October 2021 revealed that home prices increased by 18% year-over-year, the highest level seen since the index was started 45 years ago.  However, on a monthly basis home prices grew by 1.2% since September; ...

Essent Group Ltd. has announced the promotion of Christopher G. Curran to the role of President of Essent Guaranty, Inc., a nationwide provider of mortgage insurance and subsidiary of Essent Group Ltd. As President, Curran will have responsibility for the overall operations of the mortgage insurance ...