Delinquencies, foreclosures, and homes in negative equity all dropped over the last quarter and the last year, according to new data. But just how much have they dipped and why?
Read More »Hurricane Harvey: Following the Flood
It has been three days since Hurricane Harvey made landfall off the coast of Texas, and shows little sign of letting up anytime soon. Houston, in particular, was especially ravaged by the deluge, which received 25 inches of rain in two days. But many properties with federally-insured mortgages sit outside Special Flood Hazard Areas, and aren’t required to have flood insurance . . .
Read More »Quality Over Quantity
FHFA Director Mel Watt said the topic of alternative credit score models has been among the most difficult evaluations he’s undertaken in his tenure, and with all the arguments for and against it, it’s understandable why.
Read More »HARVEY: Texas Governor Responds to Ongoing Devastation
Texas Governor Greg Abbott has expanded his state disaster declaration to include 20 additional Texas counties in response to the damage caused by Hurricane Harvey, effective August 26. To view Governor Abbott’s updated proclamation, click here. "The addition of these ...
Read More »Jennifer Anspach of Safeguard Properties Named HR Executive of the Year Finalist
Safeguard Properties recently announced Jennifer Anspach, AVP of Human Capital, as HR Executive of the Year Finalist in the private companies category for Crain’s Cleveland Business’s 2017 Archer Awards.
Read More »Yellen: There’s Still More Work to Do
In a speech at the Federal Reserve's annual conference, Janet Yellen looked back at the financial crisis—as well as the insights, lessons, and reforms that came out of it. Read on to see more of Yellen's remarks.
Read More »July 2017: How Freddie Fared
Freddie Mac recently issued its Monthly Volume Summary for July 2017, providing information on its mortgage related portfolios, securities issuance, risk management, delinquencies, debt activates, and other investments. Take a look at how the GSE did.
Read More »Diversity: Influencing the Mortgage Industry
Making homebuyers’ dreams a reality is the goal of every great lender, but in the past few years, how that goal is achieved has changed . . .
Read More »What’s Really Driving the Real Estate Market?
According to Robert Shiller, the housing market could falter if the mortgage interest deduction is reformed. See what else he had to say in the Video Spotlight.
Read More »Drilling Down Delinquency Data
A leading industry mortgage delinquency report for the second quarter of 2017 was recently released reflecting performance on conventional, FHA, and VA loans. Take a look at how delinquency rates compare.
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