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Daily Dose

The Latest in Mortgage Forbearance Data

The quantity of forbearances declined by 1,000 over the past week, according to new data from Black Knight Inc.’s McDash Flash Forbearance Tracker. As of August 25, 3.9 million homeowners were in active forbearance, or 7.4% of all active mortgages, representing $828 billion in unpaid principal. This level ...

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COVID-19 Drives Suburban Migration

According to a recent Redfin report, July found a surge of home buyers looking to leave expensive cities for more rural, inland locales. The current COVID-10 pandemic has taken its toll in many ways, among which includes how it has ...

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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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Fannie Mae Offers Assistance to Disaster-Impacted Servicers

GSE Fannie Mae recently reminded those impacted by Hurricane Laura and the California wildfires that mortgage assistance and disaster relief options are available. Under Fannie Mae's guidelines for single-family mortgages impacted by a natural disaster, homeowners may request mortgage assistance ...

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