A survey shows the demand is there, but the approvals have not been.
Read More »Deciphering TRID Through Communication
Customer satisfaction regarding TRID has risen among borrowers—coinciding extremely closely to the rise in the number of borrowers who reported they’d been contacted (as per TRID guidelines) by their lenders before closing.
Read More »Fed Rate Hike Not Likely Despite Core Inflation Improvement
When the Federal Open Market Committee closes its meeting next week, it will likely not conclude with a rate hike, but the Fed cannot stand pat, even though core inflation is clearly rising.
Read More »Can Deal Agents Fix a Fading PLS Market?
One-mighty private-label securities‒‒mortgages without government involvement‒‒ have been a bit player since the financial collapse of 2008. And according to the Urban Institute, deal agents may just be the way to bring the sector back.
Read More »Underwater Mortgage Borrowers Struggle to Come Up For Air
Negative equity is down to 13.1 percent nationwide, but is still a nagging problem choking real growth and limiting new inventory, according to a new report by Zillow.
Read More »Consumers Not Taking Advantage of Refinancing Opportunities
Why have borrowers been passing on favorable opportunities to refinance to lower their mortgages to the lower rates available?
Read More »Analysis Shows Rents on SFR Properties Rise with Renewals
Why have property managers in SFR securitizations been steadily increasing rents more for renewals than for new tenants for vacant properties over the past two years?
Read More »Mortgage Defaults: New Year, Same Old Rates
The default rate on first mortgages stayed flat in January following three consecutive months of increases. But how is consumer credit doing overall to kick off the new year?
Read More »Fairholme Demands the Government Turn Over Documents in GSE Profit Suit
Fairholme Funds, one of the GSEs' largest investors, is requesting that the government turn over documents that Fairholme says are being unlawfully withheld in regards to the sweep of GSE profits into Treasury.
Read More »New York Fed CEO: Economy and Homeowners Are in a Better Position than You Think
Not everyone thinks the economy is as bad off as doomsayers have been saying lately.
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