ATTOM, Irvine, Calif., released its second-quarter 2024 Vacant Property and Zombie Foreclosure Report, finding that 1.3 million residential properties currently sit vacant in the U.S.
Category: News and Trends
Quote: June 4, 2024
“Commercial mortgage delinquency rates continued to increase during the first three months of 2024.”
–Jamie Woodwell, MBA’s Head of Commercial Real Estate Research
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ServiceLink’s Susan Falsetti on Manufactured Housing Nuances–What Lenders Need to Know About Title
With interest rates staying higher for longer coupled with steadily tight, albeit slightly rising inventory this spring, borrowers continue to explore all options when it comes to purchasing a home they can afford. Enter manufactured housing.
Demand for Alternative Products is Growing as Are the Risks–Sponsored Content from First American Data & Analytics
Alternative loan categories gained momentum in the first half of 2024. Learn why lenders need to be mindful of risk.
MBA Advocacy Update: CFPB Releases RFI on Closing Costs; VA VASP News; FHFA, GSEs Flex Mods Enhanced
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA Chart of the Week: 30-Year Fixed Mortgage Rate and 10-Year Treasury Yield
This week’s MBA Chart of the Week examines the spread between the 30-year fixed mortgage rate and 10-year Treasury yield.
Longtime Industry Member Thomas Philipsborn Passes Away at 97
Thomas Philipsborn, Chairman of the Board of The Philipsborn Co., and longtime industry member, passed away May 3. He was 97.
What You Need to Know About the FHA’s Payment Supplement: Vicki Vidal and Haris Jusic From ICE Mortgage Technology
During the COVID-19 pandemic, when rates remained low, the FHA streamlined its home retention loss mitigation options and provided relief for nearly 1.9 million borrowers. Despite these efforts, the current climate of high mortgage interest rates poses challenges for initiating loan modifications.
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