Enjoy it while you can, you refinancers. ATTOM Data Solutions, Irvine, Calif., said even though housing finance is shifting to a purchase market, refinancings increased in the third quarter ahead of real and projected mortgage interest rate hikes.
Category: News and Trends
ARMCO: TRID Defects Down Slightly
Report Shows ‘Downward Trend’ in Critical Defect Rates
Fitch: Rising Student Debt Raises Big Questions for U.S. Economy
Millennials Most Affected
MBANow: MBA VP Ken Markison Discusses PHH/CFPB Court Case
“It would return us to a world of rules that are relatively well settled and interpreted.”
Moody’s: 2017 Credit Quality ‘Generally Steady as Lenders Promote Market Confidence
Credit Quality of New Transactions Should Be ‘Little Changed’
Morningstar: CMBS Delinquency Rate Cracks 3% Threshold
First Time Since January
FHFA: 2017 Fannie Mae and Freddie Mac Multifamily Lending Caps Will Not Change
Will Remain at $36.5B in Purchase Volume Next Year
S&P/Experian: Consumer Credit Default Rates Up in October
First Mortgage Default Rate Up 3 Basis Points
FHFA: GSEs Sold 60,000 Non-Performing Loans Worth $12 Billion through August
Average Delinquency Rate was 3.4 Years
HARP Refinances Continue Decline in 3Q
More than 242,000 Homeowners Still HARP-Eligible