Despite still being up 29% year-over-year from 2020, pending home sales are tailing off as a new report examines this downturn.
Read More »Mortgage Industry and Government Collaborate on Solutions
On Wednesday, Five Star’s one-day 2021 Government Forum: A Virtual Event brought together execs from the mortgage industry with governmental agency representatives to share ideas and insights about the future of the mortgage marketplace.
Read More »Ginnie Mae Reports 288,000-Plus Homes Financed in May
For the 10th straight month, Ginnie Mae MBS issuance has surpassed the $75 billion mark, keeping pace after a record month in April.
Read More »Forbearance Volume Dips With Uptick in Job Market
The number of U.S. homeowners in forbearance declined for the 14th consecutive week, with the Bureau of Labor Statistics reporting strong job gains in May as more exit their plans.
Read More »Uptick Reported in Forbearance Re-Entries
Overall forbearance volume may have declined, but the number of homeowners requiring additional assistance rose, despite an improvement in initial unemployment claims.
Read More »The Week Ahead: Nearing the Forbearance Exit
Over the past 60 days, the number of U.S. homeowners in forbearance plans has dropped from 2.5 million to nearly 2.1 million. Will improvements in the job market further expedite forbearance departures?
Read More »Forbearances Fall With Job Market in Recovery Mode
With more Americans returning to the workforce, the number of homeowners in forbearance plans dropped for the 12th straight week.
Read More »The Week Ahead: Positive Trends Signal Drop in Forbearances
As the nation continues to shake the dust off from the pandemic, more homeowners are moving out of forbearance plans and returning to economic stability.
Read More »First Mortgage Default Rates Slide in April
The economy is making progress and mortgage default rates are improving as an increasing number of homeowners exit forbearance plans.
Read More »Forbearance Exodus Continues
Improvements in unemployment claims and an uptick in consumer sentiment has led to more exiting forbearance plans.
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