National Mortgage News- Intense competition drives a surge in offers on unseen homes August 3, 2020With low inventory and coronavirus limiting accessibility, nearly half of shoppers made offers sight-unseen in June, according to Redfin.
- Dallas-area home prices are inching up in face of pandemic August 3, 2020The COVID-19 pandemic has caused home sales to fall this year in more than two-thirds of Dallas-area neighborhoods.
- Wyoming housing prices rising at recent record rate August 2, 2020Wyoming's average home price has risen nearly 10% since early last year, marking the fastest rate of increase in the state's real estate valuations since the third quarter of 2007.
- Mr. Cooper's originations offset servicing losses in 2Q July 31, 2020The company's servicing segment recorded a pretax loss of $251 million over the period.
- Intense competition drives a surge in offers on unseen homes August 3, 2020
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- Mortgage Daily
- Continued Deterioration in Origination Quality October 26, 2018As home lenders and investors have recently been a little more relaxed about credit qualifications compared to just after the crisis, mortgage quality has weakened. Still, quality is better than before the crisis.During the past three years, the quality of residential loans originated has weakened, though credit quality remains far stronger than the early 20 […]
- Best Mortgage Lenders By Category October 26, 2018A report based on a recent survey of consumers who were shopping for a residential loan has identified the best home lenders in a variety of categories -- including government programs, jumbo loans and online services.The 10-question survey of prospective mortgage borrowers found that before they applied for a home loan, 40 percent checked their credit repor […]
- Business Falls to 6-Month Low at Freddie October 26, 2018New business at the Federal Home Loan Mortgage Corp. retreated to its lowest level in six months. Delinquency, meanwhile, remained at its lowest level in a decade.When September was over, Freddie Mac's total mortgage portfolio stood at $2.1513 trillion -- including a $0.2278 trillion in mortgage investments and $1.9235 trillion in outstanding mortgage-r […]
- Continued Deterioration in Origination Quality October 26, 2018
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