Miki Adams, President of CBC Mortgage Agency, discusses how the performance on FHA-insured loans is impacted when down payment assistance is utilized.
Read More »Gen Zers Finding More Credit Product Availability
The Q2 2023 TransUnion Credit Industry Insights Report reveals the latest credit trends as lenders have begun to tighten underwriting. Some 50% of Gen Zers surveyed say they plan to apply for new credit or refinance existing credit within the next year.
Read More »Healthy Job Market Keeping Homeowners Out of Delinquency
“Mortgage delinquency rates continued to post some of the strongest performance in three years in December, as a healthy job market helped borrowers remain current on their payments,” said Molly Boesel, Principal Economist at CoreLogic.
Read More »Median Home Prices Continue Four-Month Decline
Despite ongoing price corrections, home values in the top 50 metropolitan markets remain elevated up to 66% since the start of the pandemic.
Read More »Fire, Water, and Delinquency: Natural Disasters and Housing
A report details how the housing market is affected in the months following a hurricane or wildfire. Click through for the results.
Read More »Mortgage Market Health Measured
Prepayment activity hit its highest levels since 2016 while delinquencies recovered from their June spike, according to the First Look at July 2019 mortgage data from Black Knight.
Read More »Delinquencies Down, Down, Down
Reports from Fannie Mae and Freddie Mac show that both Enterprises have experienced big declines in delinquency rates as of late. What else does performance data show?
Read More »Origination Credit Quality Lowers Mortgage Delinquency Rates
All mortgage originations, measured by loan count, jumped up to 1.48 million in Q2, which was an increase of 2.4 percent from the previous quarter and of 40 percent from the same quarter a year earlier.
Read More »