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Stimulus Could Help Keep American Economy ‘Afloat’

money in the pocket

A couple of articles published this week on Axios.com, a provider of technology, economy, and political news, take a lesser-seen optimistic approach to matters including a recent report about millions of Americans missing mortgage and rent payments and news about ...

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CFPB Addresses Regulating Consumer Access to Financial Data 

The Consumer Financial Protection Bureau (CFPB) has issued an advance notice of proposed rulemaking (ANPR) requesting input on regulating consumer access to financial records.  With the ANPR, the CFPB is looking for suggestions on how the agency could most efficiently and effectively develop ...

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Serious Delinquency Rate Improves for First Time Since March

This past September is the first month—since COVID-19 first began effecting the economy—to record a drop in the serious-delinquency (90+ days past due) rate, Black Knight reported Thursday. "The number of seriously delinquent mortgages (90+ days) fell by 43,000 in ...

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Explaining September’s Existing-Home Sale Surge

Existing-home sales in September "soared," according to a report Thursday from National Association of Realtors (NAR). An existing home in September sold for a median price of $311,800, a 14.8% gain compared with September of last year. That's one takeaway ...

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Hitting a Moving Target

Editor's note: This story originally appeared in the October edition of DSNews. How do you solve (or prepare for) a problem you know is coming but don’t know how big it’s going to be? That’s the challenge facing the industry, several ...

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Housing Activity Heats Up as Weather Cools

According to research by BuildFax, the housing market is heating up, just as temperatures are starting to cool. With Autumn’s approach, BuildFax points to America’s overall housing activity humming along, growing at a steady pace as we say goodbye to ...

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How COVID-19 Impacts Underwriting Standards

Mortgage interest rates are at record lows and purchase loan application data indicates tremendous demand for homebuying, according to the data analysts at CoreLogic. In an article published Wednesday, CoreLogic compared the credit attributes for conventional conforming loans in Q2 ...

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