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Daily Dose

Borrowers Still Want an In-Person Closing

As the housing market continues to adapt to unprecedented demand as digitization becomes the norm, 81% of borrowers still prefer an in-person closing over a digital one.  This data comes from Solidifi U.S. Inc. (Solidifi), a network management services provider for the residential lending industry, who surveyed over 1,000 borrowers who refinanced ...

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Active Forbearance Numbers Continue To Drop

As the market expected, the number of active forbearance cases significantly decreased for the second week in a row as the first wave of final plan expirations continues.  According to Black Knight’s McDash Flash daily forebarance tracking dataset, active plans fell by another 10%, for an overall reduction of 143,000 since ...

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Foreclosures Tick Up After Moratorium Ends

The first bits of foreclosure data are starting to come through after the federal government’s foreclosure moratorium expired July 31 and the numbers are not as bad as some experts were predicting at the start of the moratorium.  ATTOM, a real-estate data company, released its Q3 2021 U.S. Foreclosure ...

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