ATTOM Report Identifies ‘Most Vulnerable’ Housing Markets in the U.S.
During the fourth quarter, California, Illinois and the New York City area had the highest concentrations of at-risk markets in the U.S., with parts...
Jeff Gentry: How Lenders and Servicers Can Streamline Their Credit Reporting Processes
PERSON OF THE WEEK: Credit reporting is a critical business function for both mortgage lenders and servicers, as it is the main way they...
Fannie Mae Selling Pool of 3,141 Reperforming Loans With UPB of About $559.8 Million
Fannie Mae is auctioning a pool of approximately 3,141 reperforming mortgage loans as part of its ongoing effort to reduce the size of its...
Property Insurance Costs Skyrocketed an Average 14 Percent Last Year
Property insurance costs for mortgaged single-family homes increased a record $276 - or 14% - to an average of $2,290 per year in 2024,...
SingleSource Property Solutions Promotes Ashley Abbondanza to Chief Innovation Officer
Ashley Abbondanza has been promoted to chief innovation officer at SingleSource Property Solutions, a provider of residential property services supporting the U.S. housing industry.
Abbondanza...
A&D Mortgage Securitizes Pool of 1,290 Loans
A&D Mortgage, a provider of non-QM and residential mortgage-backed securities (RMBS), is has launched its latest securitization, a $458.93 million transaction backed by a...
Mortgage Delinquency Rate Flat in December as Loan Performance Remains Strong
The U.S. mortgage delinquency rate was flat in December compared with November, at 3.1%, according to CoreLogic.
Early-stage delinquencies (30 to 59 days past due) represented...
Foreclosure Starts Surged in January, as Delinquencies Due to Wildfires Ticked Up
There were about 40,000 foreclosure starts in January, a surge of 30% compared with December and an increase of about 17.5% compared with January...
ATTOM: Zombie Foreclosures Remain Few and Far Between in the First Quarter
Zombie foreclosures continue to represent a mere sliver of all residential properties undergoing foreclosure proceedings, according to ATTOM’s first-quarter 2025 Vacant Property and Zombie...
TransUnion: Mortgage Originations Will Increase to Approximately 5.7 Million in 2025
TransUnion has released an optimistic report forecasting that mortgage originations will increase to approximately 5.7 million in 2025, up from approximately 4.6 million in 2024,...
MBA: Share of Mortgages in Forbearance Fell in January
The rate of forbearance on mortgage loans fell to 0.40% in January, a decrease of 7 basis points compared with 0.47% in December, according...
Rate of Critical Defects in Mortgage Loans Decreased in Q3
The rate of critical defects in mortgage loans post-closing decreased by nearly 17% in the third quarter, ending the quarter at 1.51%, according to...
ATTOM: Foreclosure Starts Increased 8 Percent in January
Foreclosure filings — including default notices, scheduled auctions or bank repossessions – increased 8% in January compared the December but were down 7% compared...
Mortgage Delinquency Rate Increased in Q4, With FHA, VA Loans Seeing Largest Increases
The mortgage delinquency rate on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.98% as of the end of the fourth quarter,...
The Fay Group Taps Jason Biegel as President of its Capital Markets Group
Jason Biegel recently joined The Fay Group, a family of companies providing products, services and strategies in the mortgage and real estate sectors, as...
California Wildfires Already Impacting Mortgage Performance, But February Payments Will Tell Full Story
The wildfires in Southern California are likely to have some impact on loan performance - but the full brunt will not be known until...
Dark Matter Technologies Breaks Into the Servicing Market
Dark Matter Technologies is breaking into the mortgage servicing market with the launch of its Dark Matter servicing platform.
This strategic move positions Dark Matter...
Planet Home Lending Hires Kirk Gerling as EVP of Non-Agency Subservicing
Kirk Gerling recently joined Planet Home Lending, a national mortgage lender, servicer, and asset manager, as executive vice president of non-agency subservicing.
Gerling is a...
ATTOM: U.S. Homeowners Saw Their Equity Gains Slow in Q4
Home prices basically stabilized nationwide in the fourth quarter - and as a result, home equity gains dipped sightly.
However, as per ATTOM’s fourth quarter...
Mortgage Delinquencies Basically Flat in December But Foreclosure Starts Jumped
The national mortgage delinquency rate stood at 3.72% in December, a decrease of 0.60% compared with November but up 4.02% compared with December 2023,...