Mortgage borrowing and delinquency rates have changed a lot in the decade since the Great Recession, according to a new report which also looked at how access to credit and lending patterns have changed over the decade.
Read More »Why Borrowers Are Still Sweet on HARP
Despite overall refi volumes at Fannie Mae and Freddie Mac declining in Q2, the FHFA’s quarterly refinance report revealed that borrowers were still opting for loans under HARP, a program that’s scheduled to expire at the end of the year.
Read More »Mortgage Balances Grow, As Does Household Debt
A report by the New York Fed pointed to rising mortgage balances among households in the second quarter. Here’s a break down of how housing and non-housing debt contributed to what households owed.
Read More »Solid Fundamentals Drive Fannie Mae’s Q2 Growth
The GSE earned a comprehensive income in the second quarter and will pay a dividend in the same amount to the Treasury for the quarter. Click through to see the numbers that spelled a good quarter for Fannie Mae.
Read More »Is Home Affordability at Breaking Point?
A new report indicates that the combination of rising home prices and interest rates have substantially impacted home affordability. Is this a sustainable trend? Click through to learn more.
Read More »Mortgage Credit vs. Access to Equity
A research by the New York Fed found that tight credit is making it increasingly difficult for homeowners to access their equity. What are its implications?
Read More »Will Non-prime Mortgage Lending Increase in 2018?
The mortgage market continued performing well in the first quarter of 2018, according to a report. Here’s what the numbers foretell for lenders looking at the non-prime market.
Read More »Inventory Shortage Continues to Trouble the Housing Market
The housing market is grappling with supply shortages according to a report on the state of the U.S. housing market. What else has the market gone through during the quarter? Click through to learn more ...
Read More »Credit Scores for Mortgage Borrowers Decline
Mortgage balances, which form the largest component of household debt rose substantially, even as median credit scores of newly originating borrowers declined during the last quarter of 2017 ...
Read More »Mortgage Loan Originations Become Less Profitable
Mortgage origination profitability fell to its lowest in January 2018 as mortgage volumes responded to the rising interest rates during the month according to data in the February ...
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