US debt default may mean tanking sales, huge mortgage costs
A debt default by the US government is unlikely, but if it were to transpire, the cost of a mortgage could increase by 22%, pushing rates to a peak above 8% in September, according to Zillow
by Lillian Dickerson May 11
Homebuyer education, counseling no panacea for mortgage default
Women and adults under 30 did see improvements to their credit scores in pioneering a randomized study of 5,854 prospective first-time homebuyers
by Matt Carter Sep 9
Knock Home Swap
More than 500,000 borrowers are in loss mitigation after pandemic relief from monthly mortgage payments expires, according to Black Knight's latest Mortgage Monitor Report
by Matt Carter Nov 2
September rent is due. How will renters and landlords deal?
The start of the month means that over 100 million Americans living in rentals will have to pay rent without the supplemental aid they previously received as part of the pandemic stimulus package
Why the FICO score desperately needs a makeover
Mortgage lenders using old FICO score versions is a problem
by Nabil Captan Jun 3
Vintage radios
Commentary: When problems arise, borrowers are often to blame
by Jack Guttentag Nov 5
Zillow sees improvements in negative equity rates in 29 of 30 largest markets
by Inman Aug 23
Commentary: 'first solid increase in consumer credit in 4 years'
by Lou Barnes Feb 10
Lenders see foreclosure alternative as win-win
by Tom Kelly Oct 19
A proposal to reform the mortgage market
by David Fletcher Apr 26