Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
Chris Frankie

Chris Frankie

Weekly Forbearance Numbers See Modest Improvement: Black Knight

Friday, 23 October 2020
Weekly Forbearance Numbers See Modest Improvement: Black Knight

Forbearance volumes saw a modest decline, falling by 11,000 from the week prior.

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Existing Home Sales Post Biggest Jump in 14 Years

Friday, 23 October 2020
Existing Home Sales Post Biggest Jump in 14 Years

The National Association of Realtors has announced that U.S. existing home sales climbed 9.4% in September to a seasonally adjusted annual rate of 6.54 million. So reports Business Insider.

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CFPB Extends QM Patch Until Replacement Is Ready

Friday, 23 October 2020
CFPB Extends QM Patch Until Replacement Is Ready

The Consumer Financial Protection Bureau has announced a final rule that extends the “QM patch” for Fannie Mae and Freddie Mac until whenever a successor is ready. So reports the Scotsman Guide.

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