TransUnion, New York, said despite slowing mortgage originations, the U.S. home lending market is showing other signs of recovery, with delinquencies dropping every quarter since 2009.
Category: News and Trends
Ripple Effects from Amazon’s HQ2 Decision
Amazon’s decision to select New York City and Arlington, Va. for its new headquarters properties will affect more than just those areas’ office sectors, analysts say.
Broeksmit: ‘Balance’ Key to GSE Reform Efforts
MBA President and CEO Robert D. Broeksmit, CMB said policymakers should take a balanced approach to GSE reform to avoid market disruptions and enable a smooth transition.
Why Cash-Out Refinancings Aren’t Raising Alarm Bells This Time
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: As Regulations In Residential Servicing Loosen, Challenges Will Still Remain
S&P Global Ratings, New York, said despite continuing scrutiny of residential servicers in the past decade, relief appears in sight.
J.D. Power: Mortgage Customer Satisfaction Up, Thanks to Digital
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.
Equity Rich Properties Top 14.5 Million in 3Q
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.
10 Years Later, Housing Recovery Still Uneven
Yes, 10 years after the housing crisis, we are still talking about the recovery. And how uneven it has been.
FHFA Holds GSE Multifamily Lending Caps Steady
Fannie Mae and Freddie Mac multifamily lending caps will hold steady at $35 billion in 2019, the Federal Housing Finance Agency announced yesterday.
FHFA: Majority of GSE Credit Risk Shifts to Private Market
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.