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Uncertainty Presents Risk to Mortgage Investors

affordability

The uncertainty of the presidential election—however long that lasts—is bound to incite interest rate volatility, something that presents a peril to the mortgage-backed securities (MBS) market, according to Christopher Maloney, a market strategist and former portfolio manager who writes for ...

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‘Shaky’ Economy Hasn’t Slowed Rise in Home Equity

Of the 58.9 million mortgaged homes in the United States, 16.7 million considered equity-rich, meaning that the combined estimated amount of loans secured by those properties was less than 50% of their estimated market value, according to ATTOM Data Solutions' ...

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NAHB Files Lawsuit Opposing CDC Moratorium 

The National Association of Home Builders (NAHB) is spearheading a legal challenge that questions the authority of the U.S. Centers for Disease Control and Prevention (CDC) to enact a moratorium on evictions.  The NAHB is teaming with the Pacific Legal Foundation, Skyworks Ltd., Cedarwood Village ...

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Foreclosures and Evictions Could Derail a Recovery

foreclosures

While the results of last night’s presidential election remain too close to call, a leading political science academic is warning that the January 2021 occupant of the White House will be forced to deal with the greatest foreclosure and eviction ...

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Digital Transactions: A Matter of Business Survival

tech

In the midst of the pandemic and economic turmoil, seamless digital transactions will be at the epicenter of business survival, according to a study by the Economist Intelligence and Transunion. Whether companies thrive or fold will hang on providing consumers ...

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The Industry Pulse: Appointments and Promotions

  Primary Residential Mortgage, Inc. (PRMI) announced the newest addition to its executive leadership team. Lorin Knudson has accepted the role of SVP of Servicing.  Knudson was a Loan Officer for PRMI before he took the lead of its Loan Servicing Department over eight ...

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The Politics of Housing: Market Metrics Across the Nation

Experts in the housing industry have offered varied opinions about the election outcome—which, at the time of publication, is uncertain—and how it might impact the housing market, lenders, and property owners. Financial Times posted an Election Day report about how ...

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The Election and Housing: What You Need to Know

There is no denying that 2020 has been an eventful year, with a pandemic, protests, natural disasters, and, of course, a historic presidential election. Now, the country holds its breath for one more day as the election comes to a ...

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