ATTOM, Irvine, Calif., said third-quarter foreclosure filings rose by 34 percent from the second quarter and by 68 percent from a year ago.
Category: News and Trends
FHFA Increases Fannie Mae, Freddie Mac Multifamily Loan Purchase Caps
The Federal Housing Finance Agency on Wednesday increased the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac to $78 billion each.
Kumar Alok Upadhyay of HCL Technologies: Redefining the Future of Lending Solutions
The pandemic was a major lesson that taught businesses to stay prepared for the uncertain future. So, let’s get into the minds and hearts of the lenders and borrowers, and identify which factors could help sustain the lending business in the coming decade.
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“More newly built homes and more homeowners listing their homes for sale should lead to some deceleration in home-price growth next year. This is good news for the many would-be buyers who are currently priced out or delaying decisions because of low supply conditions and steep home-price appreciation.”
–MBA Chief Economist Mike Fratantoni.
CoreLogic: Delinquency Rates Approach Pre-Pandemic Levels
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.
September CMBS Delinquency, Special Servicing Rates Drop
Fitch Ratings, New York, and Trepp LLC, New York, reported the commercial mortgage-backed securities delinquency rate continued it steady fall in September.
Share of Mortgage Loans in Forbearance Decreases to 2.62%
Mortgage borrowers exited forbearance at the fastest rate in more than a year, the Mortgage Bankers Association reported Monday.
REITs Show Significant 2021 Gains
JLL, Chicago, said real estate investment trusts have shown strong earnings growth in 2021.
Black Knight: Strong Equity Could Affect Foreclosure Starts
Black Knight, Jacksonville, Fla., said even though just 7% of homeowners in forbearance have less than 10% equity after including 18 months of deferred payments, the potential for foreclosure activity persists.
MBA: September Commercial, Multifamily Mortgage Delinquencies Decline
Delinquency rates for mortgages backed by commercial and multifamily properties declined in September, the Mortgage Bankers Association’s latest CREF Loan Performance Survey reported.