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Mortgage Servicers Prep for End of COVID-19 Bailout Programs

Mortgage Servicers Prep for End of COVID-19 Bailout Programs

Saturday, 10 July 2021
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U.S. mortgage servicers are readying for a surge in delinquent loans as the government’s bailout programs finally expire in September and early October. So reports CNBC. Read more...
Fed’s Taper Tightrope Could Keep Mortgage Rates Low

Fed’s Taper Tightrope Could Keep Mortgage Rates Low

Saturday, 10 July 2021
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The latest minutes from the Federal Reserve’s Open Market Committee indicate that mortgage rates, at historic lows lately, will probably stay down, at least in the short-term. So reports BankRate.com. Read more...
Mortgage Rates Sink to Lowest Since February

Mortgage Rates Sink to Lowest Since February

Saturday, 10 July 2021
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Mortgage rates have fallen to their lowest since February amid growing skepticism about the health of the economy’s rebound from COVID-19. So reports MarketWatch. Read more...
Mortgage Demand Drops to Pandemic-Era Low

Mortgage Demand Drops to Pandemic-Era Low

Saturday, 10 July 2021
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A weekly measure of Americans’ appetite for mortgages has decreased to its lowest level since before the coronavirus pandemic. So reports CNBC. Read more...
Bodnar of MMG: Why 'Less is More' is Driving Rates

Bodnar of MMG: Why 'Less is More' is Driving Rates

Saturday, 10 July 2021
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Bill Bodnar of The Mortgage Market Guide (MMG) notes that this week rates hit the lowest levels since mid-February on the notion that less is more on many fronts, including inflation, employment, growth and policy response. Read more...
White House Panel Seeking Work-around for Backlog of Eviction Lawsuits

White House Panel Seeking Work-around for Backlog of Eviction Lawsuits

Thursday, 08 July 2021
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As the summer months wane, property owners, tenants and their associated advocates are facing major legal considerations with respect to enduring state and federal eviction restrictions. A federal moratorium has been put in place with an expiration date set for Saturday, July 31, although a number of other state mandates, which have faced their own… Read more...
Bodnar of MMG: 1st Half Recap, 2nd Half Preview

Bodnar of MMG: 1st Half Recap, 2nd Half Preview

Wednesday, 30 June 2021
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Bill Bodnar of The Mortgage Market Guide recaps the first half of 2021 and discusses what to look for as the back half of the year begins. Read more...
Forbearances Up By 1K During Past Week: Black Knight

Forbearances Up By 1K During Past Week: Black Knight

Sunday, 27 June 2021
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The number of active forbearance plans edged slightly higher (+1,000), continuing what’s become a common trend of marginal mid-month increases, according to data from Black Knight. Read more...
Foreclosure Moratorium Gets Another Extension, Through July

Foreclosure Moratorium Gets Another Extension, Through July

Saturday, 26 June 2021
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The Biden administration has unveiled another extension for its temporary ban on foreclosures in the wake of the COVID-19 pandemic. So reports NBC News. Read more...
House Votes to Scrap Trump’s 'True Lender' Rule

House Votes to Scrap Trump’s 'True Lender' Rule

Saturday, 26 June 2021
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The Trump administration’s “true lender” rule made it easier for banks and fintech companies to join forces without running afoul of state laws. Now, the House has voted to repeal it. So reports Bloomberg. Read more...

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