Category: News and Trends

After the housing finance crisis of 2007, a great deal of industry hand-wringing took place. Unscrupulous subprime lenders got much of the blame; so did (now defunct) lenders who made cash-out refinance loans.

S&P Global Ratings, New York, said despite continuing scrutiny of residential servicers in the past decade, relief appears in sight.

Customer satisfaction with primary mortgage originators increased this year as digital origination channels play a more significant role in the process, said J.D. Power, Westlake, Calif.

ATTOM Data Solutions, Irvine, Calif., said 14.5 million U.S. properties were “equity rich” in the third quarter, up by more than 433,000 from a year ago, representing nearly 26 percent of all properties with a mortgage.

Yes, 10 years after the housing crisis, we are still talking about the recovery. And how uneven it has been.

Fannie Mae and Freddie Mac multifamily lending caps will hold steady at $35 billion in 2019, the Federal Housing Finance Agency announced yesterday.

The Federal Housing Finance Agency said Fannie Mae and Freddie Mac have transferred nearly $2.5 trillion of credit risk to the private market since 2013.

By one measure, Huntsville, Ala., is the real estate-owned capital of the country.

The commercial mortgage-backed securities loan delinquency rate reversed its consistent improvement in October, moving one basis point higher to 3.42 percent, reported Trepp, New York.

The Census Bureau yesterday reported the U.S. homeownership rate rose slightly in the third quarter, to 64.4 percent, from 64.3 percent in the second quarter and from 63.9 percent a year ago.