Mortgage Banking
Mortgage credit availability tightest since 2014
With the economy still entrenched in a long recovery from the effects of COVID-19, lenders continued to tighten their standards, resulting in the tightest mortgage
With the economy still entrenched in a long recovery from the effects of COVID-19, lenders continued to tighten their standards, resulting in the tightest mortgage
The 30-year fixed mortgage rate fell to yet another all-time low this week, marking the ninth time this year that rates have fallen to a
The nation’s serious delinquency rate vaulted to 2.3% in June, reaching its highest level since February 2015, according to CoreLogic. The share of mortgages in
Rent prices inched upward for the second month in a row in August, with an average monthly increase of $1 nationwide, according to Yardi Matrix.
August’s jobs report from the Bureau of Labor Statistics revealed that American employers added 1.4 million jobs during the month, bringing the unemployment rate down
Hong Russell Common Securitization Solutions (CSS) has announced that Juanita Russell and Jina Hong have joined the firm as chief financial officer and chief audit
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $4,548 per loan during the second quarter, according to the
New data from the National Association of Home Builders (NAHB) is lending more credence to the observation that the homebuying market is experiencing a shift
While the number of properties in foreclosure during 2020’s third quarter is currently down, the share of homes that have fallen into “zombie foreclosure” status
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