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Mortgage Application Volume Explodes into New Year
The first week of the New Year was a good one - no make that a great one - for mortgage activity with virtually unprecedented increases in mortgage applications both for purchase and refinance. While the figures were partially affected by the resumption
CFPB Chief Encourages Borrowers to Shop Around
According to a study conducted by the CFPB, nearly half of all consumers do not shop around before purchasing a mortgage. "This means," Richard Cordray told an audience at the Brookings Institute, "they seriously considered only a single lender or broker
Closer Look at Delinquency Surge and Much More -Mortgage Monitor
In its "first look" at November mortgage data last week Black Knight Financial Services noted a significant surge in mortgage delinquencies compared to the previous month. The 11.8 percent jump in mortgages that were 30 or more days past due brought the
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By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...