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Mortgage Applications End 3-Week Winning Streak
Applications for purchase mortgages have ended three straight weeks in which their volume increased an average of 6 percent. The Mortgage Bankers Association (MBA) said today that those applications dropped by 3 percen t on a seasonally adjusted basis
Fannie Announces Closing Cost Assistance for Homepath Loans
First-time homebuyers seeking to buy a house through Fannie Mae's HomePath ® program can receive a significant hand-up from a new program the company announced today. The new BuyerReady TM program will allow qualifying buyers to receive closing cost
Judicial States Continue to Elevate Foreclosure Stats
While activity related to distressed mortgage loans continues to grind its way back to normal levels, CoreLogic says that 17 of the 25 judicial foreclosure states still have delinquency levels at or above the national rate of 4.0 percent. Only five 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...