The Consumer Financial Protection Bureau (CFPB) is asking for public input on ways to spur new mortgage products that help households. The CFPB seeks insights on ways to improve mortgage refinances for homeowners who would benefit from refinancing, especially for ...
Read More »Listing Prices Drop, Mortgage Payments Surge
The share of homes for sale with price drops jumped to a seven-month high of 16% during the four-week period as early-stage homebuying demand is on the decline.
Read More »Share of Mortgages in ‘Financial Hardship’ Improves in June
Commentary on this report says accommodations by the industry helped “thwart a material breakdown” in delinquency performance.
Read More »Loans in Forbearance Hit Two-Month Low
Analysis finds that nearly half of borrowers still in forbearance are now in an extension of their original term.
Read More »Inability to Pay Mortgage Among Top Consumer Complaints
Insight on the piece says borrowers are “frustrated with the lack of relief” forbearance offers. Click through to read more.
Read More »HUD Suspends Face-to-Face Requirement in Response to COVID-19
In place of the face-to-face requirement, the partial waiver outlines that mortgagees must establish contact via alternate methods, such as phone interviews, email, or video conferencing technology.
Read More »Home Sale Activity Indicating Economic Shifts
New research indicates how the drop in pending home sales this year, tied to decline in inventory and a small rise in mortgage rates, will impact the greater U.S. economy.
Read More »Foreclosures Driving These Cities to a Crash
Overall, the U.S. housing market has been strong, but in a few communities across the country, signs of weakness have begun to show. Find out which communities may be at risk for a crash.
Read More »Mortgage Debt Through the Years
Mortgage debt is at an all time high, and a new report puts the debt into perspective.
Read More »What to Make of the QM Patch Moving Forward
The AEI Housing Center discuss the future of the QM patch, more specifically what can be seen, and what is not foreseeable. AEI states that foreseeable results from the patch are higher home prices, and the unseen are borrowers who ...
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