Real Capital Analytics, New York, said the losses taken by lenders on previously defaulted commercial real estate loans remain far below the loss rates seen during the Great Recession.
Category: News and Trends
Rob Bayer of Anomaly Squared: Avoid Being Labeled SCAM LIKELY? Caller ID Management Strategies
How does a company making solicited and valuable non-solicited automated calls keep from being dinged as a scam so they can continue reaching their potential customers? There are multiple strategies from different angles to make sure every solution is maximized to ensure contact and conversion rate stay strong and continue to build.
TransUnion: More than 45 Million Americans Credit Unserved or Underserved
More than 45 million consumers are considered to be either credit unserved or underserved in the United States, according to a new global TransUnion study
The FHFA Foreclosure Suspension for Borrowers Applying for Relief through Homeowner Assistance Fund; Implications for Servicers
Pete Mills, Senior Vice President of Residential Policy and Member Services with the Mortgage Bankers Association, cautioned that the policy could have unintended consequences for mortgage servicers.
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“After a truly phenomenal ride for mortgage companies, more difficult times are expected in 2022 and possibly beyond. The widespread upward pressure on rates will diminish rate-term refinance volume and housing inventory shortages pose challenges for purchase originations. Staying profitable will require prudent cost management, as well as more reliance on servicing operations to serve as a hedge against production declines.”
–MBA Vice President of Industry Analysis Marina Walsh, CMB.
FHA Proposes 40-Year Loan Modification Rule
The Federal Housing Administration on Friday published a proposed rule that would increase the maximum modification loan term limit from 360 months (30 years) to 480 months (40 years).
CMBS Delinquency Rate, Liquidations Drop
The commercial mortgage-backed securities delinquency rate continues to decline, and CMBS liquidations also dropped last year, analysts said.
Home-Selling: It’s in the Metrics
Can algorithms determine the perfect time to list a home in today’s market? And in today’s market, does it even matter? Zillow, Seattle, thinks so.
Home Flipping Profits Fall to 10-Year Low
Although home flipping increased by more than 26 percent in 2021, ATTOM, Irvine, Calif., said gross profit margins fell to their lowest level in 10 years and at a pace not seen in 15 years.
Housing Market Roundup: Apr. 5, 2022
Here’s a summary of recent housing market and economic reports that came across the MBA NewsLink desk: