Fannie Mae and Freddie Mac loans in forbearance dropped while private loans and those owned by Ginnie Mae experienced an increase, according to the Mortgage Bankers Association's (MBA) latest [...]
Fannie Mae has appointed Jeffery Hayward to the newly created position of EVP and Chief Administrative Officer and Michele Evans as EVP and Head of Multifamily, effective immediately. Hayward, [...]
As the nation continues struggling with concurrent health and economic crisis, mortgage lenders and servicers are working to assess creditworthiness and anticipate potential risk among aspiring homebuyers. The post [...]
Annualized in Q2 2020, the gross domestic product, adjusted for inflation, plummeted 31.7%, according to the second estimate from the Bureau of Economic Analysis. That’s a bit better than the advance [...]
A new report indicated that 1.6 percent of all homes in the U.S. are vacant, numbering 1,570,265 residential properties, with 7,960 or 3.7% of those vacant properties in the [...]
BSI Financial Services, a mortgage-centric financial services company, today announced it has promoted Larry Goldstone to President of Capital Markets and Lending and John Lawrence to President of Servicing [...]
The latest episode of DS5: Inside the Industry features an interview with Stephanie Casper, VP of Sales for LendingHome. Casper discusses how the real estate industry is progressing when it [...]
The quantity of forbearances declined by 1,000 over the past week, according to new data from Black Knight Inc.’s McDash Flash Forbearance Tracker. As of August 25, 3.9 million homeowners were in active forbearance, or 7.4% of all [...]
According to a recent Redfin report, July found a surge of home buyers looking to leave expensive cities for more rural, inland locales. The current COVID-10 pandemic has taken [...]
Hurricane Laura, which made landfall last Wednesday, was the most intense storm to hit the northwestern Gulf Coast since 1856. According to a report from CoreLogic, storm-related damage “brings threat of [...]
