Equifax CreditTalksBest Money Moves CEO Ilyce Glink hosts Kendall Keeling, Core Exchanges lead for Equifax and Mike Fratantoni, Chief Economist of the Mortgage Bankers Association. Ilyce chats about credit bureaus …
Category: Top National News
Sales of Luxury Homes Skyrocket in First Quarter
HousingWire, Apr. 21, 2021–Tim GlazeSales of luxury homes rose 41.6% year-over-year in the first quarter of 2021, crushing sales of affordable homes (7% increase) and mid-priced homes (5.9%), per a …
GSE Caps on Investor Loans May Add to Rising Fraud Risk: CoreLogic
National Mortgage News, Apr. 21, 2021–Bonnie Sinnock (subscription)Fannie Mae and Freddie Mac’s new limits on loans secured by investor properties and second homes may put pressure on applicants to misrepresent …
MBA Chairman Announces Plans To Help Strengthen Minority Homeownership
National Mortgage Professional, Apr. 21, 2021–Navi PersaudIn Susan Stewart’s address to attendees, she stated that MBA is looking to tackle the issue of minority homeownership, an issue she says has …
I Review Mortgages–And I See 3 Areas of Possible Trouble in the Housing Market
MarketWatch, Apr. 21, 2021–Jeff TaylorThe author, head of Mphasis Digital Risk, says there are concerns that an over-exuberant housing market could be threatened by credit risks, unrealistic valuations, sharply rising …
Big Banks See Gains in Mortgage Originations
American Banker, Apr. 21, 2021–Brad Finkelstein (subscription)The quarter-to-quarter increase in mortgage originations at eight banks bested expectations and suggests that banks are regaining market share in mortgage lending, a Keefe, …
Weekly Mortgage Demand Jumps 8.6% after Interest Rates Fall to a Two-Month Low
CNBC, Apr. 21, 2021–Diana OlickA sharp drop in mortgage interest rates sent homeowners and potential homebuyers to their mortgage lenders. Total mortgage application volume surged 8.6% last week compared with …
Fudge, Calabria Discuss Housing Affordability, Equity, and More
DSNews, April 20, 2021–Christina Hughes BabbTwo U.S. government agency members who hold positions vital to the housing finance world Tuesday addressed mortgage bankers attending a virtual conference. (MBA mention)https://dsnews.com/daily-dose/04-20-2021/fudge-calabria-discuss-housing-affordability-equity-and-more
More Homeowners are Leaving Mortgage Forbearance — But Still Need Help
Yahoo Money, April 20, 2021–Janna Herron (MBA mention)Homeowners who sought mortgage forbearance during the pandemic are exiting those plans in larger numbers as the economy recovers and lenders provide other …
During Pandemic, Landlords Find Relying on One Office Tenant Can Backfire
Wall Street Journal, April 20, 2021–Konrad Putzier (subscription)With the U.S. office market in its worst crisis in a decade, some landlords are discovering the risks of putting all their tenant …