The Consumer Financial Protection Bureau proposed on Monday a shift from DTI ratios to a price-based approach to improve qualified mortgage access. Source: Inman News
Posts published in “Mortgage”
Although millennials will likely make up the largest percentage of homebuyers this year, the generation appears to be under-informed about real estate. Source: Inman News
During the week ending June 14, mortgage loans in forbearance decreased to 8.48 percent, down from 8.55 percent the previous week, according to the Mortgage…
As an agent, you currently have a unique opportunity to reinvent yourself and create the business you want in the “new normal.” Use these seven…
The startup is wagering that as widespread pandemic-induced unemployment continues to grow, homeowners will consider tapping into home equity. Source: Inman News
The share of mortgage loans in forbearance modestly rose to 8.55 percent of servicers’ portfolio volume during the week ending on June 7, up from…
The U.S. Federal Reserve also intends to continue purchasing mortgage-backed securities, Federal Reserve Chairman Jerome Powell said Wednesday. Source: Inman News
Despite a 0.07 week-over-week increase in forbearance requests, the Mortgage Bankers Association said homeowners’ financial situations are turning around. Source: Inman News
The coronavirus pandemic has exposed the fragility of the real estate ecosystem, but there is an opportunity to come out of this experience with newfound…
Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending June 2, the first weekly decrease since the CARES Act went into…