BREAKING NEWS
Share of Loans in Forbearance Falls to 2.62%; Mortgage Credit Availability Increases for 3rd Straight Month
Mortgage credit availability increased for the third straight month in September to its highest level in five months, the Mortgage Bankers Association reported Tuesday.
Mortgage borrowers exited forbearance at the fastest rate in more than a year, the Mortgage Bankers Association reported Monday.
CoreLogic, Irvine, Calif., said delinquency rates on all mortgages in the U.S. fell in July to the lowest rates since March, edging closer to pre-pandemic levels.
Fitch Ratings, New York, and Trepp LLC, New York, reported the commercial mortgage-backed securities delinquency rate continued it steady fall in September.
Friday's Employment Situation Summary from the U.S. Bureau of Labor Statistics indicated that job growth remained lackluster in September following similarly disappointing gains in August.
Lenders that start with potential and then give applicants the opportunity to improve their score can meaningfully grow revenue.
WFG’s Enterprise Solutions has a trio of proven products ready to boost lender efficiency as the market shifts to origination loans.
We must remember to encourage people to buy homes they can afford and educate them on the costs that go with owning a home. That includes advising consumers not to borrow as much money as they possibly can, lest they become “house poor” and miss out on being able to create a more financially secure future for themselves and their families.
Marcus & Millichap, Calabasas, Calif. closed $180.6 million in Florida and New York industrial and multifamily property sales.
Environmental, Social and Governance criteria is an investment strategy focused on making the world a better place. This is not a new idea; versions of sustainable investing trends have emerged in the past. But the explosive growth and rapidly increasing capital allocation toward “ESG” friendly assets is unprecedented.
Kevin Peranio is a director of AXIS Lending Academy. He is also the chief lending officer for PRMG, one of the nation's largest mortgage lenders, where he oversees all loan production.
OneRepublic will take the stage for Concert MBA at the Mortgage Bankers Association’s Annual Convention & Expo to benefit the MBA Opens Doors Foundation.
MBA NewsLink spoke with Joseph D’Urso, CEO of TitleEase, on the advantages of the franchise model and its potential benefits to lenders.
