Request for input seeks to strengthen, and provide transparency, required capital and liquidity for GSE seller/servicers with different business models.
Read More »Pace of Forbearance Exits Reaches New Low in January
Despite the overall national forbearance rate nearing the 1% mark, the rate of forbearance exits reached another low since MBA began tracking exits in June 2020.
Read More »Mortgage Delinquencies Decrease in Q4
This number is down 23 basis points from the third quarter of 2021 and down 208 basis points from one year ago. For the survey, MBA servicers reported loans in forbearance as delinquent if the payment was not made based on ...
Read More »Loan Mod Volume Climbs as Forbearance Exits Continue
In its latest servicer report, Fitch Ratings reports forbearance plans experiencing a near 50% year-over-year drop, while the percentage of loan modifications has quadrupled.
Read More »Ruth Cheatham Foundation Names Brian Vaughn to Its Board
Legal League 100 firm McCalla Raymer Leibert Pierce’s Director of Marketing joins the Foundation’s Board of Directors, dedicated to supporting the fight against adolescent cancer.
Read More »Forbearance Exits Continue to Rise
The number of homeowners in forbearance plans fell further in December, as the MBA estimates that just 705,000 U.S. homeowners are currently in some stage of forbearance.
Read More »Swift Competition Drives Home Prices Upward
Home buyers continued to snap up the limited supply of available homes, exerting upward pressure on sales prices and overall home-price growth.
Read More »Upbeat Economy Brings Downturn in Forbearance Volume
With nearly 835,000 homeowners in forbearance plans, a recovering economy has hastened the pace of those entering permanent loan workout solutions.
Read More »Senate Confirms Alanna McCargo as Ginnie Mae Head
Assuming the vacant role of Ginnie Mae President, Alanna McCargo brings experience with both HUD and Fannie Mae to her new role.
Read More »Renters More Likely to Miss Monthly Payments
It is no secret that renters are typically lower-income earners when compared to homeowners and are disproportionately affected by market fluctuations and outliers such as COVID-19. But now that most federal- and state-level protections have expired, it has been found that renters were three times ...
Read More »