Category: News and Trends

LOS ANGELES–Floods; hurricanes; tornados; wildfires; earthquakes; droughts; volcanoes; ice storms; blizzards. Just another day in America.

LOS ANGELES–With the slow, but definite shift from a refinance market to a purchase market, competition for borrowers is at unprecedented highs. And with that, says economist Lynn Fisher, comes a new set of risk for mortgage servicers.

Black Knight, Jacksonville, Fla., said mortgage delinquencies fell again in August, capping a strong summer that saw the strongest declines since 2000.

LOS ANGELES–With the slow, but definite shift from a refinance market to a purchase market, competition for borrowers is at unprecedented highs. And with that, says economist Lynn Fisher, comes a new set of risk for mortgage servicers.

LOS ANGELES–With the slow, but definite shift from a refinance market to a purchase market, competition for borrowers is at unprecedented highs. And with that, says economist Lynn Fisher, comes a new set of risk for mortgage servicers.

Forget housing starts; forget existing home sales (see story above); forget new home sales. The hot word in housing right now is “equity”–and it’s something a growing number of Americans have as an option.

It appears that borrowers realize the refinance train is leaving the station.

A new Urban Institute paper says too many homeowners lack flood insurance; but those who do have flood insurance often buy it voluntarily-not because it was required by their mortgage lender.

The latest state dinged with an “overvalued” housing market is among the least-populated in the entire country: Idaho.

WASHINGTON, D.C.–It’s an extraordinary environment in the Nation’s Capital right now (let’s just leave it at that). But behind the scenes, and in the halls of regulatory agencies and Congress, says Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, the real estate finance industry’s efforts are starting to bear fruit.