While many in the housing market are predicting a shift in power to buyers' favor, that switch may not be coming anytime soon to according to a recent NerdWallet report due to tempered demand due to higher mortgage rates. In ...
Read More »The Week Ahead: Quarterly Results for Freddie Mac
Last quarter, the GSE experienced a net income of $1.7 billion and comprehensive income of $2.0 billion. To lean how Q3's results will differ, be sure to tune in on Tuesday.
Read More »Ocwen on the Rebound
Ocwen looks to be on the rebound, according to its recently announced operating results for the second quarter of 2017, even though the company reported a loss.
Read More »Permanent Loan Modifications Rise Higher in Q2
HOPE NOW recently released its Q2 2016 data, and it reported over 100,000 permanent modifications completed during the past quarter.
Read More »Non-Bank Servicers Fall Short For Q2
Continuing an unfortunate trend for non-bank mortgage servicers in the second quarter of 2016, Walter Investment Management reported a net loss for the three-month period ending June 30, 2016.
Read More »Mortgage Delinquency Climbs Higher in Q2
High mortgage delinquency rates and high mortgages in the New York region’s metro areas continued to bog down the New York Federal Reserve Bank in the second quarter.
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