Category: News and Trends

The Federal Housing Administration yesterday announced an extension of its 180-day foreclosure moratorium for FHA-insured homeowners for an additional 60 days due to the extensive damage and continuing needs in Puerto Rico and the U.S. Virgin Islands.

The Homeownership Collaborative, a coalition of real estate trade associations and nonprofit housing counseling providers, yesterday released its first report on steps that can be taken to increase use of homeownership education and housing counseling services available nationwide.

Home equity has surpassed the previous peak of $13.4 trillion from first quarter 2006 during the past year, recovering from the great price correction that more than halved home equity positions.

Home equity has surpassed the previous peak of $13.4 trillion from first quarter 2006 during the past year, recovering from the great price correction that more than halved home equity positions.

Home equity has surpassed the previous peak of $13.4 trillion from first quarter 2006 during the past year, recovering from the great price correction that more than halved home equity positions.

Black Knight, Jacksonville, Fla., said mortgage delinquencies fell sharply in January, although they remain higher than a year ago.

Commercial property market supply and demand fundamentals remained relatively stable in the third quarter, reported Moody’s Investors Service, New York.

Composite default rates, driven largely by a spike in bank card defaults but also in first mortgage defaults, increased in January, reported S&P Down Jones and Experian, New York.

U.S. residential markets affected by strong hurricanes in 2017 are trending toward recovery, said Fitch Ratings, New York.

The House yesterday passed a Mortgage Bankers Association-supported bill that amends the TILA/RESPA Integrated Disclosure rule and support flexibility for mortgage loan originators.