Mortgage

March 14, 2018

Household Debt Rose at Fastest Rate Since 2007

U.S. household debt jumped in the fourth quarter at the fastest pace of this expansion while wealth gains continued amid a rising stock market, underscoring the […]
March 13, 2018

Entry-Level Housing Shortage Pushes Up Prices

With buyers scrambling for homes on anticipated mortgage rate growth, house values continued to rise at the start of the year, making entry-level homes even less […]
March 12, 2018

Commercial Mortgage Delinquencies Decline

Commercial and multifamily fourth-quarter mortgage delinquency rates improved for most investor types compared to one year prior as the U.S. economy continued its recovery.  Across the […]
March 6, 2018

Mortgage Fraud Risk High in Condo Market

First American Financial Corporation, a provider of title insurance, settlement and risk solutions, released the First American Loan Application Defect Index for January 2018.  The index […]
February 22, 2018

Tough Spring Home-Buying Season Looms Ahead

The 2018 spring home buying season could be even more competitive than last year’s, marked by fewer listings, quicker sales, and a higher percentage of homes […]
February 21, 2018

Mortgage Delinquency Rate at Lowest Level Since Recession

The serious mortgage delinquency rate decreased in the final quarter of 2017 to the lowest point since the great recession, according to TransUnion’s Q4 2017 Industry […]
February 15, 2018

New Foreclosures Fell to Record Low in 2017

It was a record-setting year in terms of the low number of foreclosure starts, partially helped by the various post-storm moratoria, according to Black Knight.  “Just […]
February 13, 2018

Equifax Hack Just Got Worse

The Equifax breach may have exposed more personal information of customers than previously thought.  Additional information, including tax IDs and driver’s license details, may have been […]
February 12, 2018

After the Storm: Higher Defaults in 4Q

There was an increase in total mortgage defaults during the fourth quarter.  However this rise has to be measured in context of what had been a […]