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Credit Conditions Tightened Slightly in March

According to a new report from First American, the Potential Home Sales Model for March revealed it is unlikely that the recent banking crisis will materially impact residential mortgage [...]

Q1 Foreclosure Activity Trends Upward

Spurred by rising unemployment, ATTOM has found that U.S. foreclosure filings climbed 22% year-over-year in the first quarter of 2023. Source: DS News

Measuring the Cost of Real Estate Wire Fraud

A new report from CertifID has found that homebuyers’ and sellers’ wire transactions are rapidly being targeted by cybercriminals, with in excess of $106,000 as the average wire loss [...]

Number of GSE Loans in Forbearance Continues to Drop

The MBA reports that pandemic-related loss mitigation options have pushed forbearance levels lower, as mortgage performance remains strong with post-forbearance workouts increasing in March. Source: DS News

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