In order to further the principles of fair housing, the Biden-Harris Administration has announced new actions to increase fairness in the rental market.
Read More »Delinquency Rate Finds New Low
“For the second quarter in a row, the mortgage delinquency rate fell to its lowest level since MBA’s survey began in 1979,” said Marina Walsh, MBA’s VP of Industry Analysis.
Read More »Ginnie Mae Extends Execution Date for Risk-Based Capital Requirement
Ginnie Mae President Alanna McCargo said, “As always, we are focused on working with our counterparties to manage risks and ensure continuity in serving the most underserved households through all economic cycles.”
Read More »Recession in the Forecast for 2023
A new outlook from MBA economists predict a recession in 2023, significant staffing cuts, and falling origination, and purchase volumes.
Read More »Freddie Mac Announces $536M Securitization of Re-Performing Loans
Freddie Mac has announced the pricing of its second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2022 —a securitization of approximately $536 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans ...
Read More »How Economic Indicators Are Impacting Delinquency Rates, Foreclosures
Delinquency rates hit an all-time low during the second quarter of 2022 finally settling at a seasonally adjusted rate of 3.64% of all outstanding residential loans according to the latest iteration of the National Delinquency Survey published by the Mortgage ...
Read More »Forbearance Exits Hit Highest Pace in More Than a Year
Click through to learn which factors are at play when it comes to current shifts in forbearance rates and exits.
Read More »Forbearance Activity Up for the First Time in Weeks
The largest rise was for portfolio and private label securities loans, due to increases in both Ginnie Mae buyouts and other PLS loans.
Read More »1.2 Million Mortgagers Fear Losing Their Homes
More than a million mortgagers in a recent survey said they fear they are at risk of eviction or foreclosure or being forced to move in the next 30 days. Mortgage Bankers Association's (MBA) Research Institute for Housing America (RIHA) ...
Read More »Forbearance Activity Ended 2020 on a Flat Note
New data published by the Mortgage Bankers Association (MBA) has determined the number of mortgages now in forbearance remained mostly flat at the tail end of December. According to the MBA’s latest Forbearance and Call Volume Survey, 5.53% of servicers’ ...
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