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…
Posts published in “mortgages”
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…
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
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…
Roughly one-quarter, or 26.5 percent, of the 54.7 million mortgaged homes in the U.S. were equity-rich in Q1 2020, according to Attom Data Solutions. Source:…
Agents are hungry to know what’s going to happen to their businesses and the industry as a whole. Leslie Appleton-Young, the vice president of the…
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner looks at the data to determine whether we could see a…
According to Down Payment Resource’s latest report, millennials and Gen-Zers were on track to hit their homebuying peak before April’s record layoffs. Source: Inman News