The Mortgage Bankers Association, in a May 19 letter, asked the Consumer Financial Protection Bureau to delay the effective date of its final rule amending the Fair Debt Collection Practices Act.
Initial claims for mortgage insurance fell by another 34,000 last week, their lowest level since March 2020, the Labor Department reported Thursday.
Black Knight, Jacksonville, Fla., said the national mortgage delinquency rate fell by more than 7 percent in April to below 5 percent for the first time since onset of the coronavirus pandemic.
For want of inventory, this spring home-buying season would be one for the ages. As it is, said RE/MAX, Denver, sales are doing pretty well, regardless.
More U.S. commercial real estate distress was worked out than arose in the first quarter, reported Real Capital Analytics, New York.