A new mortgage report from ATTOM revealed U.S. lenders issued approximately $494 billion worth of residential mortgages in Q2 of 2023, while total activity rose after eight straight quarterly declines to 21%.
Read More »Mortgage Lending Slumps Again in Q4
According to a new ATTOM report, mortgage lending declined to its lowest point in nearly nine years in Q4 2022, while purchase loans decreased an estimated 26%.
Read More »Churchill Mortgage Names Kelly Lee Senior VP of Production
Churchill Mortgage announced that it has continued its expansion across the Pacific Northwest with the appointment of Kelly Lee as Senior VP of Production for the Northwest region. ...
Read More »Big Banks See Big Gains in Mortgage Payment Performance
Homeowners appear to be keeping up with their mortgage payment at the largest banks, improving overall performance of first-lien mortgages and cutting the need for loss-mitigation.
Read More »Freddie Mac Adds New Suite to its Credit Risk Transfer Offerings
Freddie Mac has added another innovation to its suite of credit risk transfer offerings. According to a recent press release, the Enterprise added its first two Agency Credit Insurance Structure (ACIS) transactions that provide coverage based on both first loss and actual losses realized on a reference pool of residential mortgages.
Read More »