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Mortgage Monitor Shows Reversal in Strong Q1 Refi Demand
While the trend will likely continue to reverse in the next few reports, refinancing, as a share of total originations, made an impressive recovery through the first quarter of 2015 after falling off the pace in 2014. Black Knight's April Mortgage Monitor
CFPB Fines Lender over Expense Accounts
For the second time this week the Consumer Financial Protection Bureau (CFPB) has filed in federal court against a lender for unfair compensation practices . Today's complaint was levied against RPM Mortgage, Inc. and its CEO, Erwin Robert Hirt, for illegally
Down Payments: Percentages Trend Lower as Amounts Rise
Are those sought-after first-time homebuyers finally re-emerging? RealtyTrac said on Thursday that they may be the reason that the average percentage of down payments used to purchase single-family homes, condos, and townhomes in the first quarter of
Latest Articles
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...