MBA: Share of Mortgage Loans in Forbearance Falls in April to 0.51%
The Mortgage Bankers Association’s monthly Loan Monitoring Survey reported loans in forbearance decreased by 4 basis points to 0.51% of servicers’ portfolio volume as of April 30 from 0.55% in March.
MBA: 1Q Mortgage Delinquency Rates Near Historic Lows
Mortgage delinquency rates fell to near-historic lows in the first quarter, the Mortgage Bankers Association reported Thursday.
#MBACMST23: Loan Maturities–What to Expect When Expecting
CHICAGO–Maturity defaults could increase due to higher interest rates, but they will likely be moderate, panelists said here at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
FHFA Rescinds Proposed Loan-Level Pricing Adjustment for DTI Ratios
The Federal Housing Finance Agency on Wednesday rescinded a controversial proposed loan-level pricing adjustment that the Mortgage Bankers Association said would have had adverse impact on both consumers and lenders.
#MBACMST23: Facing up to Office Sector Challenges
CHICAGO–The office sector faces major challenges, but servicers and asset managers can handle them, panelists said here at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
#MBACMST23: Learning from Downturns
CHICAGO–Real estate has always been a cyclical industry, so we can learn a lot from past downturns, panelists noted here at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.
ATTOM: April Foreclosure Activity Declines
ATTOM, Irvine, Calif., reported 32,977 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 10 percent from a month ago but up 8 percent from a year ago.
Industry Briefs: FHFA Requests Input on GSEs’ Single-Family Pricing Framework
The Federal Housing Finance Agency issued a Request for Input on Fannie Mae and Freddie Mac’s single-family pricing framework. The RFI solicits public feedback on goals and policy priorities that FHFA should pursue in its oversight of the pricing framework.
