MBS issuances reached $70.04 billion, and the dollar amount reflects a greater number of families succeeding at homeownership. Mortgage-backed securities (MBS) issued by Ginnie Mae in July totaled a [...]
Paul Nagai, Managing Director, The Antares Company, discusses the effects the pandemic is having on the industry. Note: This piece previously appeared in the August edition of DS News. [...]
Foreclosures will still happen, but consider the two-step foreclosure process to understand why this recession may be different. The post Could Fears of ‘Foreclosure Tsunami’ Be Unfounded? appeared first [...]
California Attorney General Xavier Becerra said he will not hesitate to enact investigative and enforcement actions against servicing professionals who fail to meet legal obligations during COVID crisis The [...]
The company's announced hires include a newly appointed CEO and CFO. In addition, former President and CEO Ed Delgado will serve as Chairman Emeritus. The post Five Star Global [...]
Mark Revard, Oklahoma Market President for Gateway Mortgage, discusses what the future holds for the mortgage market and how the industry has adapted to the challenges of COVID-19. The [...]
In addition to the update from the Department of Labor, the National Association of Realtors will release a new report on home prices. The post The Week Ahead: Update [...]
Despite a recent climb in home ownership by black Americans, new data shows lenders deny black loan applicants at a rate 80% higher than their white peers. Starting in [...]
Total household debt decreased for the first time since 2014 in Q2, including the steepest decline in credit card balances seen in the history of the data. In its Quarterly [...]
Black Knight reveals the number of active forbearance plans fell this last week, with more than 75% of loans that are currently in active forbearance facing extension plans. Black [...]
