National Mortgage News, Jan. 10, 2024-Brad FinkelsteinSenior home equity declined in the third quarter off of its all-time high, due to lower property values combined with an increase in debt …
Category: Top National News
Over 250k Homeowners Remain in Forbearance — Report
MPA, Jan. 3, 2024-Camille Joyce LisayThe Mortgage Bankers Association’s (MBA) monthly loan monitoring survey revealed an increase in total mortgage loans in forbearance to 0.50% as of November 30, 2024.Click …
Student Debt Issues Can Be Solved
The Housing Scene by Lew Sichelman, Jan. 3, 2025Massive, often insurmountable amounts of student debt have prevented millions of otherwise qualified borrowers from obtaining financing to buy a house.Click here for …
HELOC Rates Sink in 2024 Even As 1st Mortgage Rates Up
Home Equity Lending News, December 31, 2024The final week of 2024 brought with it the year’s lowest average home-equity line-of-credit rates -— which have tumbled 176 basis points since the …
ARM Originations See Slight Rise in 3Q
Inside Mortgage Finance, December 26, 2024-James DohnertAn estimated $60.00 billion of ARMs were originated in the third quarter, a 1.7% increase from the previous three-month period.Click here for more (subscription)
Modest Increase in Home Equity Issuance Projected for 2025
Home Equity Lending News, December 27, 2024Moderately higher issuance of transactions containing closed-end second mortgages and home-equity lines-of-credit are forecasted for next year. Growth is also projected for securitizations of …
How the New Year Could Test Mortgage Servicers
National Mortgage News, December 31, 2024-Bonnie SinnockSome servicing risks will grow in 2025 if rates follow the path in consensus forecasts.Click here for more (subscription)
FHFA Data on Non-Performing Loan Sales Reflects Fewer Delinquencies Since Pandemic
HousingWire, Dec. 17, 2024-Chris ClowThe Federal Housing Finance Agency (FHFA) on Tuesday released an update about the sales of non-performing loans (NPLs) through the government-sponsored enterprises (GSEs), saying the data …
What 2025 Could Hold for the Housing Market
Axios, Dec. 23, 2024-Sami SparberHere’s what experts and industry pros predict is in store next year for mortgage rates, new builds, moves, and more.Click here for more
Is Your Home Flood Insurance Payment a Pain in Your Wallet? Relief Could be on the Way
Miami Herald, December 19, 2024-Lew SichelmanThe National Flood Insurance Program is working on allowing policyholders to pay their premiums on a monthly basis. Previously, premiums could only be paid annually. …