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Recapping Recent Proposed Mortgage Rule Changes
There are five key issues confronting the Federal Housing Finance Agency (FHFA) its director told a banking audience on Monday. The five, taken together, Director Mel Watt said, address both of FHFA's roles; conservator of the two government sponsored
New Home Mortgage Applications Softened in August
The Mortgage Bankers Association's (MBA's) measure of new home sales reflected a significant drop in the volume of applications for mortgages to purchase those homes in August. Data gathered through MBA's Builder Applications Survey (BAS) indicates that
First Increase Since 2010 for Annual Foreclosure Rate
Foreclosure activity increased significantly in August according to the U.S. Foreclosure Market Report released Thursday by RealtyTrac. The increase included the first year-over-year uptick in scheduled foreclosure auctions in nearly four years. There
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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...