The good news: initial claims fell for the 14th consecutive week, the Labor Department said yesterday. The bad news: despite the decrease, initial claims topped one million for the 14th consecutive week and look as if they will continue to do so for several more weeks.
Tag: Fannie Mae
Fannie Mae: Explore eClosing Scenarios
Did you know electronic closings can occur in different ways? Take a closer look at two digital closing scenarios: hybrid and full eClosing with remote online notarization (RON).
Housing Finance Market Roundup
Here’s a summary of recent reports about the housing market and real estate finance, with reports from Zillow; Veros Real Estate Solutions; Fannie Mae; Redfin; Genworth Mortgage Insurance; and Computershare Loan Services.
Fannie Mae: Explore eClosing Scenarios
Did you know electronic closings can occur in different ways? Take a closer look at two digital closing scenarios: hybrid and full eClosing with remote online notarization (RON).
MBA: Share of Mortgage Loans in Forbearance Decreases for Third Straight Week to 8.39%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 8 basis points to 8.39% of servicers’ portfolio volume as of June 28, compared to 8.47% the prior week. MBA estimates nearly 4.2 million homeowners are in forbearance plans.
Fannie Mae: Explore eClosing Scenarios
Did you know electronic closings can occur in different ways? Take a closer look at two digital closing scenarios: hybrid and full eClosing with remote online notarization (RON).
MBA: Share of Mortgage Loans in Forbearance Decreases for Third Straight Week to 8.39%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 8 basis points to 8.39% of servicers’ portfolio volume as of June 28, compared to 8.47% the prior week. MBA estimates nearly 4.2 million homeowners are in forbearance plans.
MBA: Share of Mortgage Loans in Forbearance Decreases for Third Straight Week to 8.39%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 8 basis points to 8.39% of servicers’ portfolio volume as of June 28, compared to 8.47% the prior week. MBA estimates nearly 4.2 million homeowners are in forbearance plans.
Industry Briefs July 7, 2020
CoreLogic, Irvine, Calif., launched OneHome, a virtual, collaborative platform for real estate agents and their clients looking to buy, sell or make improvements to a home. Following a launch with Ohio-based Yes-MLS, OneHome is expected to be nationally available by the end of 2020 to the more than 850,000 real estate agents in North America who currently use CoreLogic’s multiple listing platform.
June Jobs Up Nearly 5 Million; Unemployment Rate Drops; New Claims at 1.4 Million
The Bureau of Labor Statistics reported total nonfarm payroll employment jumped by 4.8 million in June, as easing of coronavirus restrictions brought back more workers who had been laid off earlier this spring.