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New Intercontinental Exchange Inc. Indices Track Daily Mortgage Rates
Capitalizing on its growing capabilities in mortgage tech, the company behind the New York Stock Exchange is making it easier to track daily fluctuations in mortgage rates.
19 Oct 2021
MBA Launches Member Action Pledge to Promote Minority Homeownership, Affordable Rental Housing, DEI
Kristy Fercho, MBA Chairman, and Executive Vice President and Head of Home Lending at Wells Fargo, today announced the Home for All Pledge, a Mortgage Bankers Association member company action pledge to promote minority homeownership; affordable rental housing; and company diversity, equity, and inclusion.
18 Oct 2021
MBA Survey: “Share of Mortgage Loans in Forbearance Decreases to 2.28%”
The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 34 basis points from 2.62% of servicers’ portfolio volume in the prior week to 2.28% as of October 10, 2021.
18 Oct 2021
FHFA Announces Two Measures Advancing Housing Sustainability and Affordability
The Federal Housing Finance Agency (FHFA) today announced two measures to sustainably advance the affordability of homeownership for mortgage borrowers across the nation, especially those in underserved communities
18 Oct 2021
Freddie Mac Announces Pricing of $381 Million Multifamily Small Balance Loan Securitization
Freddie Mac announces the pricing of the SB91 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust.
15 Oct 2021
Freddie Mac: Strong Housing Market will Continue even as Rates and Prices Rise
Freddie Mac today predicted the continued strength of the single-family housing market even as mortgage rates are expected to modestly increase and home prices rise.
15 Oct 2021
Ginnie Mae Issued Record MBS Volume in FY2021
The Government National Mortgage Association (Ginnie Mae) issued a record $939 billion in mortgage-backed securities (MBS) during fiscal year 2021, the association said today.
14 Oct 2021
Mortgage Rates Jump to Highest Level Since April – and Inflation Concerns Could Push Them Higher
Mortgage rates rose back above the 3% mark, hitting the highest level since April, over the past week.
14 Oct 2021
Weekly Initial Unemployment Claims Decrease to 293,000
In the week ending October 9, the advance figure for seasonally adjusted initial claims was 293,000, a decrease of 36,000 from the previous week’s revised level. This is the lowest level for initial claims since March 14, 2020 when it was 256,000.
14 Oct 2021
UWM Completes Test of Cryptocurrency Mortgage Payments
United Wholesale Mortgage evaluated and accepted the first-ever cryptocurrency mortgage payment in September and an additional five payments in October from borrowers.
14 Oct 2021
This is the Most At-Risk Housing Market in America
Based on an index of three measures (foreclosure rates, share of underwater mortgages and affordability) at the county level, 24/7 Wall St. identified the most at-risk housing markets.
14 Oct 2021
Q3 2021 U.S. Foreclosure Activity Begins to See Significant Increases as Foreclosure Moratorium is Lifted
ATTOM, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac, the largest online marketplace for foreclosure and distressed properties, released its Q3 2021 U.S. Foreclosure Market Report, which shows there were a total of 45,517 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — up 34 percent from the previous quarter and 68 percent from a year ago.
13 Oct 2021
Mortgage Delinquency Stats Revealed in Latest CoreLogic Report
Mortgage delinquency rates in the US dropped 2.3% year over year in July, according to CoreLogic’s latest Loan Performance Insights Report. Data showed that the share of mortgages in some stage of delinquency was down to 4.2% in July – the lowest rate since March 2020.
13 Oct 2021
FEMA Declared Disaster California Alisal Fire
FEMA issued a Fire Management Assistance Declaration for areas in California affected by the Alisal Fire that started October 12, 2021 and continues.
13 Oct 2021
Over Half of Delinquent Homeowners have Missed Six Payments
According to CoreLogic, approximately half of the nations delinquencies are borrowers who are at least six months past due.
12 Oct 2021
Davis: 472 Properties in Danger of Foreclosure
The Clinton County Treasurer’s Office has filed the combined notice and petition of foreclosure, giving official notice to those who have not paid their property taxes for 2020 or prior years.
12 Oct 2021