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.
Category: News and Trends
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.
South Dominates REO Markets
By one measure, Huntsville, Ala., is the real estate-owned capital of the country.
CMBS Delinquency Rate Reverses Direction
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.
Third Quarter Homeownership Rate Edges Up
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.
FHFA Issues Proposed Rule on Federal Home Loan Bank Housing Goals
The Federal Housing Finance Agency yesterday proposed amendments to existing regulations for Federal Home Loan Bank housing goals.
Loan Defect Risk Trends Up Following Hurricanes
If history is any indicator, the Carolinas and the Florida Panhandle can expect to see loan defect spikes in the coming months, said First American Financial Corp., Santa Ana, Calif.