Alongside rising interest rates, the average equity withdrawal among cash-out refinances has also risen by nearly 90% from its low in 2020.
Read More »Interest Rates Break 22-Year Highs; Most Payments Over $2k a Month
According to a new report from Black Knight, Inc., half of new mortgage payments are over $2,000, while a quarter have surpassed the $3,000 mark.
Read More »Forbearance Activity Begins to Tick Upward
The economic recovery that has occurred since the pandemic began has been nothing short of amazing, but the latest data shows that forbearance activity is beginning to pick up. According to Black Knight’s McDash Flash daily mortgage performance dataset, which ...
Read More »Update: How Many Mortgages Are Still in Forbearance?
New dataset finds approximately 1.01 million mortgage holders remain in pandemic-related forbearance plans, accounting for approximately $188 billion in total unpaid principal balance (UPB).
Read More »Active Forbearance Numbers Trending Upward
The number of active forbearance plans is on the rise, as a critical deadline looms where nearly 600,000 seriously delinquent borrowers near the end of their forbearance terms.
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