Daily Dose

Fitch Ratings is raising concern that the government-sponsored enterprises’ (GSEs) response to the COVID-19 pandemic is having a problematic impact on their mortgage-backed securities (MBS) issuances. Fitch noted that its rating actions prior to the pandemic’s onset were mostly positive ...

Hurricane season could produce 16 to 18 storms nationwide this year, according to the National Oceanic and Atmospheric Administration's forecasts conducted last May.   Considering the formation of two named storms this past week, some experts believe even more could materialize. This increases risk for millions of ...

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. ...

For about a decade GSE Fannie Mae has been carrying delinquent mortgages that have started performing again (that is, payments on the mortgages have become current with or without the assistance of modification of loan terms). Fannie Mae packages and ...

WalletHub recently released a rundown of the most-current state of affairs in 2020’s housing market. The data provide a comprehensive guide to help all those looking to jump into the market to make wise and informed decisions, be they real-estate ...

The potential for Gulf Coast housing damage from Hurricane Laura could total more than $88 billion, according to a new forecast from CoreLogic. Laura is heading in the path of 431,810 homes in Texas and Louisiana, and CoreLogic estimates a ...

Affordable homeownership opportunities continue to be an elusive object in the housing market, according to First American Financial Corp.’s newly-released First American Real House Price Index (RHPI) for June.   The report measures the price changes of single-family properties throughout the nation, adjusted ...

A group of landlords in Massachusetts is fighting at both the state and federal level to have an eviction and foreclosure ban lifted. They say the moratorium is hurting them financially and that it is unlawful. The case is being heard ...

Even in the face of a pandemic, elevated unemployment, and a general nationwide recession, home prices have surged, researchers recently reported.  “Prices are defying logic, expectations, and even belief, as they shoot up to record highs amid an unprecedented health and economic crisis,” ...

According to recent findings posted from Black Knight’s McDash Flash Forbearance Tracker, the number of mortgages in active forbearance stayed steady this past week, neither increasing or decreasing in any great way. Specific details released by Black Knight reveals a ...