Tag Archives: Refinances

Adel Issa of Carrington Mortgage Services explains how quality mortgage servicing is critical as the housing market shifts.

The FHFA's foreclosure analysis for July 2022 revealed the total number of loans in forbearance is trending downward from its peak in May, with nearly 85,000 loans in forbearance nationwide, while total refinance volume and mortgage rates also decreased in the same month.

Since entering conservatorship in 2008, Fannie Mae and Freddie Mac to date have assisted nearly 6.5 million homeowners with foreclosure prevention actions. Here’s what the GSEs’ latest data reveals.

Omicron issues, combined with inflation concerns, and Fed tapering are pushing mortgage rates out of reach for those on the fence of obtaining a refinance.

John Dunnery of Community Loan Servicing found that the servicing sector took lessons from the past and employed them to deal with the pandemic. He shares his thoughts in an exclusive chat with DS News.

Rates remain below the 3% mark as a slight uptick in apps proves more are jumping into the refi ring before an inevitable rise in the coming weeks.

As the nation recovers from the pandemic of the past year, Fannie Mae forecasts a spring full of economic growth and an even-keeled housing market.

According to a new report by Moody’s Investor Service, Freddie Mac loans refinanced under the Home Affordable Refinance Program will continue to outperform pre-crisis Freddie loans that did not enter the program, but will also continue to lag behind post-crisis ...

With 2018 on the horizon, the mortgage and servicing industry is taking stock of what’s come before and bracing to meet the obstacles—and the opportunities—lying ahead.

According to new analysis of GSE loan performance data, refinances may be, in large part, to blame for the housing crisis. An uptick in “using homes as ATMs” lead to sloppier underwriting and an uptick in defaults on refis leading up to the collapse. Refis were significantly more likely to be seriously delinquent than purchase loans during this time.