Black Knight, Jacksonville, Fla., said delinquencies related to last summer’s hurricane persist well into this year, although foreclosures continue to fall and mortgage prepays hit a four-year low.
Category: News and Trends
CMBS Liquidation Volume Continues to Fall
Commercial mortgage-backed securities liquidation volume fell in February to the lowest level in nine months, reported Trepp, New York.
Fannie Mae: Fewer Lenders Easing Credit Standards Despite Competitive Pressure
Fannie Mae, Washington, D.C., said mortgage lenders reported a net negative profit margin outlook for the sixth consecutive quarter, matching the record low reading from Q4 2016.
Homeowner Equity Increased by $908 Billion in 2017
CoreLogic, Irvine, Calif., said home price growth helped homeowners gain $908 billion in equity during 2017.
Senate Passes Reg Relief Bill
After weeks–make that months–of debate, negotiations, markups and amendments, the Senate yesterday passed a sweeping regulatory relief package.
CoreLogic: Early-Stage Delinquencies Up
CoreLogic, Irvine, Calif., reported early stage delinquencies rose slightly in December, but seriously delinquent delinquencies and foreclosures fell.
Mortgage Industry Still ‘Late to the Game’ in Adopting Technology
It’s 2018. Is this the year the mortgage industry finally bridges the Digital Divide? According to J.D. Power, Westlake Village, Calif., the answer is, not quite but it’s getting there.
Home-Flipping Jumps to 11-Year High in 2017
More than 207,000 U.S. single-family homes and condos flipped in 2017, the highest level since 2006, said ATTOM Data Solutions, Irvine, Calif.
MBA Issues Call to Action on Senate Regulatory Relief Bill
Ahead of debate this week on a Senate bill aimed at providing broad regulatory relief, the Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action urging its members to contact their senators to support the bill.
CMBS Delinquency Rate Falls Sharply
The commercial mortgage-backed securities delinquency rate dropped again in February, marking the eighth consecutive month of improvement, reported Trepp, New York.
