Archives For: Featured Resources
Black Knight’s First Look: Mortgage Delinquencies; Foreclosure Activity
Black Knight, Inc. reports the following “first look” at October 2021 month-end mortgage performance statistics derived from its loan-level database representing the majority of the national mortgage market.
22 Nov 2021
Is the Housing Boom Ending?
New data from LegalShield reveals that consumers are shifting their focus away from real estate and home purchases toward accelerating inflation and a looming foreclosure crisis.
16 Nov 2021
Ginnie Mae Extends Features of Digital Collateral Program to Paper Mortgages
Ginnie Mae announced today in All Participants Memorandum (APM 21-07 that it is expanding the use of certain features found in its digital collateral program to paper mortgages
15 Nov 2021
Flush with Capital, FHA Resists Call to Cut Insurance Premiums
Despite a 14-year high of 8.03% for the capital ratio of the agency’s mutual mortgage insurance fund — stoked by the recovery of the reverse mortgage program — the FHA did not signal immediate plans in its annual actuarial report to cut insurance premiums.
15 Nov 2021
The Federal Government May Guarantee Mortgages of Nearly $1 Million
Fannie Mae and Freddie Mac will raise lending ceilings in the next few weeks, making it more straightforward for buyers of more expensive homes to obtain financing.
15 Nov 2021
Black Knight: Number of Mortgages in Forbearance Declines
Forbearance plan exit volumes increased week-over-week heading into November as the share of mortgage loans in forbearance fell below 2% for the first time since the early stages of the pandemic.
12 Nov 2021
Post-Moratorium Foreclosure Activity Rises Modestly
Foreclosure filings increased in the fourth month following the July 31 expiration of the pandemic related moratorium. ATTOM says those filings were up 5.0 percent in October compared to September with 20,587 properties the subject of a default notice, scheduled auction, or actual bank repossession.
12 Nov 2021
With Biden’s FHA Nominee in Limbo, Mortgage Market Grows Restless
President Biden’s nominee to head the Federal Housing Administration is stuck in limbo as the Senate battles competing priorities, frustrating many in the mortgage industry who are concerned about a lack of leadership at a critical juncture for the agency.
12 Nov 2021
New Mortgage Refinance Programs from Fannie Mae and Freddie Mac are Expanding to Reach More Homeowners
The goal of Fannie Mae’s and Freddie Mac’s refi programs is to help low-to-moderate income households take advantage of historically low mortgage rates.
11 Nov 2021
The Impact of COVID-19 on the Lending Industry
During the height of the COVID-19 pandemic and the subsequent recession, households, businesses, and entire nations struggled to determine where to find capital. A massive shock wave hit the public, and sustaining regular operations often seemed bleak. As a result, the United States saw GDP fall 32.9% in Q2 of 2020.
11 Nov 2021