Category: News and Trends

CoreLogic, Irvine, Calif., reported year-over-year U.S. serious delinquency and foreclosure rates fell for the ninth consecutive month and were the lowest for September in 12 years, despite upward spikes in areas affected by recent natural disasters.

The Federal Housing Finance Agency (released its annual report on single-family guarantee fees charged by Fannie Mae and Freddie Mac, noting little change over the past several years.

This is the final issue of MBA Servicing NewsLink for 2018. MBA offices will be closed the week of Dec. 24 for the holidays and will reopen on Wednesday, Jan. 2, 2019.

The Trump Administration this week signaled it intended to nominate Mark Calabria, a longtime Washington policy operative who currently serves as Vice President Mike Pence’s chief economist, as Director of the Federal Housing Finance Agency.

The Trump Administration this week signaled it intended to nominate Mark Calabria, a longtime Washington policy operative who currently serves as Vice President Mike Pence’s chief economist, as Director of the Federal Housing Finance Agency.

Black Knight, Jacksonville, Fla., said softening home prices in equity-rich markets led to the first decline in tappable housing equity since the housing recovery began.

Freddie Mac, McLean, Va., and Fannie Mae, Washington, D.C. yesterday announced nationwide suspension of eviction lock-outs between Dec. 17, 2018 and Jan. 2, 2019.

After nearly a decade of low levels of building, housing stock is well short of what the United States needs, said Freddie Mac, McLean, Va.

CoreLogic, Irvine, Calif., said homeowners with negative equity fell to just 81,000 in the third quarter, the smallest quarterly decline since 2010.

ATTOM Data Solutions, Irvine, Calif., said U.S. home flipping fell by 12 percent in the third quarter to the lowest level since 2015.