Intercontinental Exchange Inc., released its “first look” at February mortgage performance, finding the national delinquency rate edged up five basis points to 3.53% in February.
Category: News and Trends
Learn About the CMB Designation From Industry Leaders
MBANow recently sat down with some mortgage industry leaders to hear about their experience with the Certified Mortgage Banker designation.
Quote of the Day
“The home-flipping industry saw investors shy away even more in 2024 amid the extended period of languishing profits.”
–ATTOM CEO Rob Barber
Dealmaker: Merchants Capital Secures $120M for N.J. Development
Merchants Capital, Carmel, Ind., announced $120 million in financing for the construction of a housing and retail development in downtown Newark, N.J.
Quote of the Day
“Wind and hail damage is the most common homeowners insurance claim.”
–LendingTree Home Insurance Expert and Licensed Insurance Agent Rob Bhatt on the home insurance landscape in the U.S.
Existing-Home Sales Accelerate
Existing-home sales grew in February, the National Association of Realtors reported.
LendingTree: 13.6% of Homes Are Uninsured
LendingTree, Charlotte, N.C., reported approximately one in seven homes across the U.S. are uninsured.
MISMO Seeks Comment on New Loan Boarding Data Standard
MISMO, the real estate finance industry’s standards organization, today announced that it is seeking public comment on the Loan Boarding Data Segment, which is the first published subset of the Industry Transfer of Servicing Dataset (ITSD). The 30-day public comment period runs through April 19, 2025.
CoreLogic: Single-Family Rent Prices Up in January
CoreLogic, Irvine, Calif., reported that single-family rent prices increased 2.4% year-over-year in January.
Redfin Reports Renter Population Grew 1% in Fourth Quarter
The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023, according to a new report from Redfin.