CoreLogic, Irvine, Calif., reported 4.6 percent of U.S. mortgages in some stage of delinquency in July, down by nearly 1 percent from a year ago.
Category: News and Trends
MBA, Trade Groups Urge House Support of HVCRE Bank Capital Bills
The Mortgage Bankers Association, in a separate letter and with a coalition of industry trade groups, urged members of the House Financial Services Committee to support legislation that would clarify and amend the High Volatility Commercial Real Estate bank capital rule.
Foreclosure Reports Cite Decades-Low Activity
Two reports this week said foreclosure and delinquency rates on mortgages fell to levels not seen since before the Great Recession.
Strong New Issuance Offsets CMBS Delinquencies
Strong new issuance volume led to a decline in the U.S. commercial mortgage-backed securities delinquency rate last month, reported Fitch Ratings, New York.
MBA Comments Address TRID ‘Black Hole’
The Mortgage Bankers Association, in a letter this week to the Consumer Financial Protection Bureau, offered recommendations on how the Bureau could improve the TILA-RESPA Integrated Disclosure rule, known as TRID or “Know Before You Owe.”
Delinquency, Foreclosure Rates at Near 10-Year Lows
CoreLogic, Irvine, Calif., reported 4.6 percent of U.S. mortgages in some stage of delinquency in July, down by nearly 1 percent from a year ago.
MBA, Trade Groups Urge House Support of HVCRE Bank Capital Bills
The Mortgage Bankers Association, in a separate letter and with a coalition of industry trade groups, urged members of the House Financial Services Committee to support legislation that would clarify and amend the High Volatility Commercial Real Estate bank capital rule.
Delinquency, Foreclosure Rates at Near 10-Year Lows
CoreLogic, Irvine, Calif., reported 4.6 percent of U.S. mortgages in some stage of delinquency in July, down by nearly 1 percent from a year ago.
MBA, Trade Groups Urge House Support of HVCRE Bank Capital Bills
The Mortgage Bankers Association, in a separate letter and with a coalition of industry trade groups, urged members of the House Financial Services Committee to support legislation that would clarify and amend the High Volatility Commercial Real Estate bank capital rule.
As Mortgages Shift to Purchase Market, So Do Fraud Schemes
MIAMI–“Fraud is beginning to show itself in new and exciting ways,” said Don Effertz, vice president of risk management with DataVerify Inc., Chesterfield, Mo.