Roostify, San Francisco, announced a partnership with Factual Data as part of an expansion that will allow loan officers to run borrower credit and view findings within the Roostify platform.
Tag: Fannie Mae

Initial Claims Level Again at 1.5 Million
American workers filed 1.5 million new applications for jobless benefits last weeks, the Labor Department reported Friday—the third consecutive week at that level, but still at historically high levels in the wake of the coronavirus pandemic.

May New Home Sales Post Healthy 16.6% Gain
Home buyer enthusiasm for new homes intensified in May, HUD and the Census Bureau reported yesterday, jumping by 16.6 percent from April and by nearly 13 percent from a year ago.

Dealmaker: Merchants Capital Arranges $83M
Merchants Capital, Carmel, Ind., secured $82.9 million in financing for a Cincinnati mixed-use property and affordable housing in Joliet, Ill.

MBA: Shares of Loans in Forbearance Falls to 8.48%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed loans now in forbearance decreased – for the first time since the survey’s inception in March – from 8.55% of servicers’ portfolio volume in the prior week to 8.48% as of June 14.

MBA: Share of Mortgage Loans in Forbearance Falls to 8.48%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey showed loans now in forbearance decreased – for the first time since the survey’s inception in March – from 8.55% of servicers’ portfolio volume in the prior week to 8.48% as of June 14.

Unemployment Claims Plateau, Remain Elevated
More than 1.5 million Americans filed initial claims for unemployment insurance last week virtually unchanged from the previous week and at historically elevated levels for the 12th consecutive week, the Labor Department reported yesterday.

Dealmaker: Greystone Provides $124M in Fannie Mae DUS Loans
Greystone, New York, provided $124.3 million in in Fannie Mae Delegated Underwriting and Servicing loans to refinance five multifamily properties.

MBA: 1Q Commercial, Multifamily Mortgage Delinquencies Remain Low
Commercial and multifamily mortgage delinquencies remained low at the end of the first quarter, the Mortgage Bankers Association said this morning in its first quarter Commercial/Multifamily Delinquency Report.

FHFA, FHA Extend Foreclosure/Eviction Moratorium to Aug. 31
The Federal Housing Finance Agency and HUD announced Fannie Mae, Freddie Mac and FHA will extend their single-family moratorium on foreclosures and evictions until at least August 31.