Mortgage Professional America, July , 2021–Candyd MendozaMortgage credit availability has hit a 10-month low, ending more than half a year of credit supply gains, the Mortgage Bankers Association’s Mortgage Credit …
Group Newslink: MBA Servicing NewsLink Tuesday July 20 2021
Here’s What The Biden Administration’s New Mortgage Servicing Rules Mean For You
Fox Business, July 16, 2021–Kelsey RamirezThe Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Administration (FHFA) each issued new mortgage servicing rules at the end of June that …
Wave of Foreclosures Unlikely After Moratorium Lifts
RIS Media, July 15, 2021–Jordan GriceAlmost two million homeowners are still in mortgage forbearance as the national foreclosure moratorium nears its end on July 31. While that may be cause …
Freddie Mac Now Forecasts $3.9T in Originations in 2021
HousingWire, July 15, 2021–Tim GlazeThe low mortgage rates that propelled the housing market throughout the COVID-19 pandemic will rise later in the year, but they’ll do so gradually, Freddie Mac …
Mortgage Rates Continue to Drift Downward
Washington Post, July 15, 2021–Kathy OrtonInflation is heating up and the economy is improving, yet mortgage rates keep falling. According to data released Thursday by Freddie Mac, the 30-year fixed-rate …