Government

March 19, 2019

Foreclosure Rate Plummets to Near 20-Year Low

The share of mortgages in some stage of the foreclosure process fell to 0.4% in December, tying with the previous month for the lowest rate since […]
March 18, 2019

Mortgage Lender Optimism Improves Slightly

In the first quarter of 2019, Fannie Mae’s Mortgage Lender Sentiment Survey revealed the net profit margin outlook for mortgage lenders retreated 8% from the previous […]
March 13, 2019

Community Banks Brace for Challenging Year

For community bankers, 2018 was a downward march, culminating in a new low for the Bank Experience Index.  The index, which gauges access to capital, loan […]
March 12, 2019

Negative Equity Spikes in 4Q 2018

U.S. homeowners with mortgages increased their equity by an average $9,700 between the fourth quarter of 2017 and one year later.  Data from CoreLogic reveals that […]
March 5, 2019

Mortgage Fraud Risk Jumps 4.6%

In January, declining mortgage rates mixed with higher loan applications led to more risk of fraud and other errors in the home loan applications, according to […]
March 1, 2019

Over 75% of Economists Predict a Recession by 2021

More than three-quarters of business economists expect the U.S. to enter a recession by the end of 2021, though a majority still estimate the Federal Reserve […]
February 28, 2019

American Household Debt at Record High

Americans faced record levels of debt at the end of 2018, with the amount owed by households rising for an eighteenth consecutive quarter. According to the […]
February 25, 2019

Foreclosures and Delinquencies at Low Level in 10 Years

Mortgage delinquency rates and foreclosures have dropped to their lowest rates in 10 years, according to a recent CoreLogic Loan Performance Insights report. The report found […]
February 22, 2019

Only Half of Homes are Affordable for Average Buyers

Housing affordability continues to hover near a 10-year low, and the National Association of Home Builders is urging policymakers to do something about it. Of the […]