An updated policy on default and foreclosure for FHA loans is aimed at helping struggling borrowers in Puerto Rico and the U.S. Virgin Island impacted by Hurricanes Irma and Maria. See what the FHA said to mortgage servicers and lenders about this policy.
Read More »Economy Gets an Upgrade, Despite Housing Drag
Fannie Mae’s Economic and Strategic Research Group just revised upward its economic 2018 forecast due to anticipated inventory restocking. Here’s why the housing market didn’t help add to the positive outlook.
Read More »A Snapshot of the Housing Market in 2019
On Wednesday, a webinar looked at how rising national debt would impact the housing market in the third quarter and beyond. Will under supply and increasing costs continue into next year?
Read More »New Jersey Aims to Help Homeowners Facing Foreclosure
The New Jersey Housing and Mortgage Finance Agency recently announced a new program aimed at providing housing counseling to residents facing foreclosure. Here are the details.
Read More »Predicting Servicing Issues Before they Happen
A new technology platform uses analytics to help lenders predict consumer behavior from their likelihood of buying a home to understanding their possibility of defaulting on a mortgage loan.
Read More »Why Debt Reduction is a Top Priority for Americans
A new report looking at the rise of debt for Americans found that average annual personal debt among consumers is $38,000. And that’s not counting the debt from their home mortgage.
Read More »Why Is Mortgage Default Risk Rising?
The probability of default in a mortgage loan increased in the first quarter of 2018 compared with 2017, according to recent data. Click through to learn what factors are responsible for the rise in default risk.
Read More »Can Consumers Fulfill Their Debt Obligations?
While consumers expect the access to credit to tighten over the next few months, here’s what a New York Fed survey revealed about consumer expectations on home prices and debt payments.
Read More »The Top 10 Cities for Retirement
From metros that offer the lowest cost of living, to those where the annual cost of in-home services is the cheapest, here’s a list of cities that are best suited for those looking to hang up their spurs.
Read More »Ginnie Mae’s Outstanding MBS Balance Approaches $2T
The Government National Mortgage Association has released an update on its issuance and outstanding unpaid balances of mortgage-backed securities. Click through to learn more about the state of Ginnie Mae's MBS issuance.
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