Editor's note: This story originally appeared in the February edition of MReport, available here. When the coronavirus pandemic first took hold of our country last spring, and we found ourselves...
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What Trends Will Shape the Origination Space?
Editor's note: This story originally appeared in the January edition of MReport. Amid the economic havoc created during the coronavirus pandemic, the residential mortgage industry emerged as one of the...
Read More »Fudge Promises to ‘Work Across the Aisle’ for Housing
...are more likely than White people to have reported job losses during the recession induced by the coronavirus pandemic, and people struggling to pay rent continue to be served with...
Read More »Optimism Returns with Homebuyers In Tow
...of potential homebuyers in 2020 halted their plans because of the coronavirus. And of the 43% who went through with their 2020 home-buying goals, they faced a difficult market with...
Read More »States at Highest Risk of Economic Strain From COVID-19
...Thursday released its fourth-quarter 2020 Special Report "spotlighting county-level housing markets around the United States that are more or less vulnerable to the impact of the Coronavirus pandemic," the company...
Read More »Reports Predict a Robust 2021 Housing Market
...Ganguly noted that the pandemic-fueled trend of remote work enabled out-of-state relocation by many Americans, and he believed this trend will continue into 2021. “The coronavirus has prompted families and...
Read More »SaviBank Debuts Mortgage Lending Division
...undergoing financial challenges related to the coronavirus pandemic. For the third quarter 2020, the company reported $236,000 in earnings, compared to $353,000 in the third quarter of 2019. For the...
Read More »How Much Did HECM Volumes Increase in 2020?
...generated in January. The coronavirus pandemic had its greatest impact on HECMs in April with only 1,601 loans endorsed, a staggering 59% decline, although May experienced a vibrant rebound with...
Read More »More Housing Markets Hit the $1M Home Value Mark
...impact of the coronavirus pandemic on the housing environment. Zillow also stressed that the million-dollar cities were not reflective of the wider housing market, where the typical value of a...
Read More »How Much Will Home Prices Increase in 2021?
...2020 with a softer market demand and falling prices. “Ultra-low interest rates and other government stimulus has allowed the housing market to boom, despite the coronavirus pandemic of 2020,” said...
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