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Distressed Loans back to 2007 Level
The Mortgage Bankers Associations National Delinquency Survey provides another measure of the declining rate of distress in residential mortgages. The second quarter report shows the delinquency rate for mortgages on one-to-four unit properties at the
Mortgage Applications Indicate July Dip in New Home Sales
Applications for the purchase of newly constructed homes fell off slightly in July, a decline that the Mortgage Bankers Association (MBA) said was in line with the slowdown observed in the overall purchase mortgage market. MBA's Builder Application Survey
Mortgage Application Volume Nearly as Flat as Rates
There was virtually no change in the overall volume of mortgage applications during the week ended August 7 compared to the previous week, mirroring similar week-over-week movement in interest rates. A decline in applications for purchase mortgages virtually
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By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...