Supreme Court will hear case on Federal Housing Finance Agency
The United States Supreme Court, which begins its next session in October, will determine if the structure of the Federal Housing Finance Agency is constitutional
by Patrick Kearns Jul 10
paying mortgage
Boston experienced the highest frequency of bidding wars, with 72.4% of all offers facing competition, according to a Redfin survey released Friday
by Patrick Kearns Jul 10
Mortgages in forbearance drop for third consecutive week
During the week ending June 28, the total number of mortgage loans in forbearance dropped to 8.39 percent of servicers' portfolio volume from 8.47% the week prior
Mortgage rates hit all-time low heading into July 4th weekend
The average 30-year mortgage hit a new all-time low of 3.07% this week, according to data from Freddie Mac released Thursday
by Patrick Kearns Jul 2
Share of mortgages in forbearance dips for second straight week
A new report from the Mortgage Bankers Association shows that about 4.2 million homeowners were in forbearance programs as of June 21
by Jim Dalrymple II Jun 29
Caliber Home Loans settlement gives $17M in loan forgiveness to New Yorkers
The settlement applies to borrowers who were enrolled in interest-only loan modifications by Caliber, as well as customers who are dealing with the economic fallout of COVID-19
by Lillian Dickerson Jun 24
CFPB to adopt price-based approach for qualified mortgage standards
The Consumer Financial Protection Bureau proposed on Monday a shift from DTI ratios to a price-based approach to improve qualified mortgage access
by Marian McPherson Jun 23
Total mortgages in forbearance decreases for first time since March
During the week ending on June 14, mortgage loans in forbearance decreased to 8.48%, down from 8.55% the previous week, according to the MBA
by Lillian Dickerson Jun 22
Mortgage loans in forbearance tick up to 8.55 percent
The share of mortgage loans in forbearance modestly rose to 8.55 percent of servicers' portfolio volume during the week ending on June 7, up from 8.53 percent the previous week
by Lillian Dickerson Jun 15
4.3M homeowners are in mortgage forbearance: MBA
Despite a 0.07 week-over-week increase in forbearance requests, the Mortgage Bankers Association said homeowners' financial situations are turning around
by Marian McPherson Jun 9
Number of mortgages in forbearance keeps rising
4.2 million Americans are now using forbearance programs. However, the rate at which loans are going into forbearance is slowing, suggesting conditions are stabilizing
by Jim Dalrymple II May 26
7 things your first-time buyer should know about getting a loan right now
Ohio-based loan officer Breon Price shares what your first-time buyers can do to increase their chance of approval despite tighter lending standards amid the coronavirus pandemic
by Marian McPherson May 14
Mortgage loans in forbearance surged to 7.91% in last week of April
The total number of mortgage loans in forbearance increased from 7.54% of servicers' portfolio volume. Ginnie Mae held the largest share of loans in forbearance
by Lillian Dickerson May 12
Making sense of the headlines: Is mortgage forbearance a good idea?
Opinion
Will the mortgage forbearance help or hurt the US housing market? Homeowners who are thinking of using the program should read the fine print
by Matthew Gardner May 5
As aging urban cores get more expensive, a source of affordable housing diminishes
Sam Khater, the chief economist at Freddie Mac, looks at how 'filtering' impacts home prices in cities
by Patrick Kearns Apr 21