Mortgage delinquency rate plummets 16.4% from the previous month
2.3M homeowners still aren't making their monthly mortgage payments
Share of mortgages in forbearance drops for sixth straight week at the fastest pace since November
The CFPB introduced new rules that changes the game for mortgage servicers. Experts lay out the changes that await the servicing industry
Total weekly forbearance requests as a percent of servicing portfolio volume decreased from 0.05% to 0.04%, according to the latest data from the Mortgage Bankers Association
The number of mortgages in forbearance dropped below 5% first time since the start of the pandemic
The overall decline of mortgage loans in forbearance was led by Ginnie Mae loans, which dropped by 7 basis points from the previous week to 7.28% of loans in forbearance
Dwindling condo sales and dropping prices as a result of the pandemic have cultivated an environment for investors to scoop up Manhattan's languishing condos from developers
Analysts say unemployment will continue to be an ongoing issue even as the pandemic subsides
Opinion
There’s so much you can do to assist distressed homeowners avoid foreclosure. Not only will you have their lasting gratitude, chances are, they will also refer others to you in the future
Though for some the current landscape might feel reminiscent of the 2008 housing crisis, there's a lot that's different today. Here's how you can best serve your clients during this time
Jim Parrott, a nonresident fellow at the Urban Institute, said housing is 'not an abstraction' for the president-elect at National Association of Realtors' Real Estate Forecast Summit
The number of mortgage loans in forbearance stayed constant from the previous week, according to the Mortgage Bankers Association
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner takes another look at mortgage forbearance, explaining the latest data and insights in light of some recent headlines
According to Down Payment Resource's latest report, 81% of down payment assistance programs in Q3 still had funding for homebuyers