The total number of mortgage loans in forbearance dropped to 8.39 percent of servicers’ portfolio volume from 8.47 percent the week prior. Source: Inman News
Posts published in “Mortgage”
Refinance rates increased by 0.4 percent week over week and 111 percent year over year, according to data from the Mortgage Bankers Association. Source: Inman…
The Detroit-based lender announced the Rocket brand in 2015, and now plans to use the symbol RKT on the New York Stock Exchange. Source: Inman…
The remote operating environment necessitated by the coronavirus pandemic stifled the real estate industry. Overnight, brokerages that historically clung to manual processes were at a…
The average 30-year mortgage hit a new all-time low of 3.07 percent this week, according to data from Freddie Mac released Thursday. Source: Inman News
As experts and advisers, real estate agents have always played an important role for homebuyers. But it’s clear that during the coronavirus era, they have…
A new report from the Mortgage Bankers Association shows that about 4.2 million homeowners were in forbearance programs as of June 21. Source: Inman News
The agency, which helps protect consumers from bad lending practices — including in the mortgage space — was born out of the 2008 financial crisis. …
Buying a home is a complicated process for everyone involved, including the real estate agents and brokers who already know what to expect. From the…
The settlement applies to borrowers who were enrolled in interest-only loan modifications, as well as customers dealing with the economic fallout of COVID-19. Source: Inman…