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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
Homeowners Hit By COVID-19 Get Payment Deferral Option
- Wednesday, 20 May 2020
Homeowners who are in forbearance due to the coronavirus pandemic have gained a new payment deferral option from Fannie Mae and Freddie Mac. So reports Fox Business.
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Bodnar of MMG: It’s All About Oversupply
- Saturday, 09 May 2020
Bill Bodnar of The Mortgage Market Guide discusses the Treasury's announcement that it is going to need at least $3 trillion through the end of the third quarter to help pay for the economic stimulus.
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Nearly 4.1M in Forbearance, 7.7% of All Mortgages: Black Knight
- Tuesday, 12 May 2020
As of May 7, nearly 4.1 million homeowners are in forbearance plans, representing 7.7% of all active mortgages. Together, they account for $890 billion in unpaid principal and includes 6.4% of all GSE-backed loans and 11% of all FHA/VA loans. That’s according to recent data from Black Knight.
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