Mortgage groups urge FHA to ditch 'life of loan' premium payments
Having slashed premiums on new FHA loans by 35% in March, and with insurance in force growing faster than reserves, HUD officials are showing no signs they'll give in to industry demands
by Matt Carter Nov 21
Investors who fund most home loans get new climate risk tool
ICE teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs
by Matt Carter Sep 19
Homepoint selling wholesale business to The Loan Store
Parent company Home Point Capital to take an equity stake in The Loan Store, with Homepoint executive Phil Shoemaker to be installed as CEO when the deal closes by end of Q2
by Matt Carter Apr 7
Sustained surge in mortgage rates could dent home sales
Fed uncertainty and U.S. debt ceiling cliff are creating volatility in long-term interest rates
by Matt Carter Sep 28
Black Knight acquires analytics firm eMBS Inc.
Building on last year's Optimal Blue deal, Black Knight strengthens its secondary mortgage market offerings
by Matt Carter May 17
Forbearance rate drops for 7th week in a row
2.3M homeowners still aren't making their monthly mortgage payments
by Matt Carter Apr 19
Share of mortgages in forbearance dropped 3 points at end of February
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
Mortgage forbearance rate increases for first time in 5 weeks
According to the Mortgage Bankers Association's latest report, mortgage forbearances rose 1 basis point for the week ending on Feb. 21
by Marian McPherson Mar 2
Mortgages in forbearance remained steady over Thanksgiving
The number of mortgage loans in forbearance stayed constant from the previous week, according to the Mortgage Bankers Association
Share of mortgages in forbearance drops to lowest level since April
Mortgages in forbearance decreased from 6.93% of servicers' portfolio volume to 6.87% during the week ending Sept. 20, according to the Mortgage Bankers Association
by Lillian Dickerson Sep 29
Mortgages in forbearance drop again, but that trend could reverse
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of the pandemic, it's likely forbearance rates could increase in upcoming weeks
by Lillian Dickerson Sep 14
Share of mortgage loans in forbearance stays flat after 10-week decline
After 10 consecutive weeks of mortgage loans in forbearance showing declines, the total number of loans in forbearance appears to have flattened out at 7.2%
Share of mortgages in forbearance continues decline, falling to 7.4%
This week marks the eighth week in a row in which total loans in forbearance have declined. Currently, there are about 3.7 million homeowners enrolled in forbearance plans
by Lillian Dickerson Aug 11
Mortgages in forbearance continue to drop
The total share of loans in forbearance dropped to 7.67% of servicers' portfolio volume, according to data released Monday by the Mortgage Bankers Association
Mortgages in forbearance drop for sixth week in a row
The number of mortgage loans in forbearance declined by 6 basis points, from 7.80% the previous week to 7.74%, marking the sixth consecutive week loans in forbearance dropped
by Lillian Dickerson Jul 28