Thursday, December 3, 2020
Home Industry Insight

Industry Insight

U.S. Home Prices Increased Again in August, Despite Pandemic

U.S. home prices continued to increase at a modest rate in August, rising 1.0% on a seasonally adjusted basis compared with July,...

Foreclosure Activity Hit a Record Low in Q3, Despite COVID-19 Crisis

Foreclosure activity has, for all intents and purposes, ground to a halt due to moratoria put in place by the federal, state...

The Emerging Paradox: Mortgage Delinquencies on the Rise, Along with Home Sales

There is an emerging paradox in the U.S. housing market: home sales are rising and demand has never been stronger - yet...

CoreLogic: Home Price Appreciation Expected to Slow in 2021

U.S. home prices increased about 1% in August compared with July and were up 5.9% compared with August 2019, according to CoreLogic.

Rate of Defects in Mortgage Applications Continues to Fall

The rate of defects in mortgage applications continued to decrease in August, due mostly to the fact that applications for refinances made...

Existing-Home Sales Increased For Third Straight Month in August

Existing-home sales increased for a third consecutive month in August, rising 2.4% compared with July to a seasonally-adjusted annual rate of 6...

Forbearance Share Continues to Fall

The share of mortgages in COVID-19-related forbearance plans continued to shrink during the week ended Sept. 6, dropping 15 basis points to...

Origination Volume Quickly Bounced Back from COVID

The COVID-19 crisis ravaged a majority of U.S. industries during the second quarter, resulting in a peak unemployment rate of nearly 14%...

Share of Mortgages in COVID-19 Forbearance Plans Continues to Grow

The share of mortgages in COVID-19 related forbearance plans increased to 8.36% during the week ended May 17, according to the Mortgage...

Housing Starts Fell 30% in April But Are Expected to Rebound

Due to the coronavirus pandemic and subsequent social distancing constraints, housing starts tumbled in April, falling 30.2% compared with March, according to...

Share of Mortgages in Forbearance Reaches Nearly 8 Percent

The share of mortgages in forbearance plans as of May 3 had grown to 7.91% - or nearly 4 million loans -...

Rate of Requests For Mortgage Forbearance Plans Has Slowed in Recent Weeks

As of April 30, more than 3.8 million U.S. homeowners were in COVID-19-related forbearance plans, representing 7.3% of all mortgages - however,...

Third-Party Data Now Critical For Mortgage Lenders’ Technology Initiatives

Today’s borrower is more knowledgeable about the mortgage process than previous generations. Instant access to residential property information, including tax data, historical...

A Connected Funnel: Uniting Sales and Marketing

Of all the potential hurdles and challenges in mortgage lending, time and expertise around lead engagement are the biggest constraints for loan...

For Mortgage Lenders, Technology is the Path to Survival

Companies like Amazon and Uber are dictating the new normal for consumers: Given the amount of time it takes for these companies...

Mortgage Lenders Are Now in the Experience Business

It’s no secret that the last decade has seen drastic changes in customer expectations that are changing the way companies do business....

Mortgage Servicer Retention Rates Fell in Q3 Despite Robust Refinance Volume

After reporting in September that mortgage servicer retention rates increased in the second quarter as a result of increased refinance volume, the...

Federal Financial Regulators Cautiously Support Use of Alternative Credit Data

Five federal agencies including the Federal Reserve, Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of...

Case-Shiller: Home Price Deceleration May Have Ended in September

U.S. home prices increased yet again in September - but the overall rate of appreciation continued to slow.Home...

FHFA to Re-Propose Capital Rule for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) says it plans to re-propose the entire regulation on capital requirements for government-sponsored enterprises (GSEs) Fannie...

Social

403FansLike
6,154FollowersFollow