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March 05, 2021

MBA Urges Senate to Approve Marcia Fudge as HUD Secretary

Mortgage Bankers Association

The Mortgage Bankers Association asked the Senate to approve Marcia Fudge as HUD Secretary.

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March 05, 2021

MISMO Seeks Public Comment on Life of Loan Product, Commercial Appraisal Dataset

Mortgage Bankers Association

For 60-day, MISMO is looking for public comment on the MISMO Life of Loan business Model and MISMO Engineering Guidelines (MEG) 3 and 6.

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March 05, 2021

PCMA launches ad campaign spotlighting its curated credit offerings

Mortgage Professional America – Candyd Mendoza

PCMA launches its new advertising campaign to try and reach more affluent and high net worth borrowers.

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March 04, 2021

For the first time since July, mortgage rates pass 3%

Housingwire--Alex Roha

The average 30 year fixed interest rate increased 5 basis points last week to 3.02%, marking the first time since July rates have been over 3%.

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March 04, 2021

MBA: February Commercial, Multifamily Mortgage Delinquency Rates Decrease

Mortgage Bankers Association

According to the Mortgage Bankers Association, Commercial/Multifamily Delinquency Report for the fourth quarter, delinquency rates for mortgages backed by commercial and multifamily properties decreased in February.

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March 04, 2021

Despite the ‘She-Cession,’ Women Are Purchasing More Property

M Report -- Christina Hughes Babb

According to a report from Redfin, single women purchased 9% more homes in the fourth quarter than a year ago, compared with a 4.5% increase for single men.

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March 03, 2021

Mortgage Rates Finally Catching a Break

Mortgage News Daily – Matthew Graham

February 2021 was one of the six months where the mortgage rates increased at least 50 basis points in the past twenty years.

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March 02, 2021

CoStar adds millions of dollars to its $6.9 billion offer for CoreLogic

Mortgage Professional America – Candyd Mendoza

CoStar Group, a commercial property data firm, announced it had added another $450 million in its bid to purchase CoreLogic.

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March 02, 2021

Credit Health Suffering as Pandemic Lingers

DS News – Eric C. Peck

The Urban Institute has published a study, “Credit Health During the COVID-19 Pandemic,” assessing the credit data and health of communities nationwide throughout the pandemic.

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March 01, 2021

How Many Mortgage Holders Are Still Utilizing Forbearance?

DS News -- Christina Hughes Babb

For the second consecutive week, the number of mortgages in forbearances increased, according to Black Knight.

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March 01, 2021

Buyers’ Agent Fees Could Drop With Updated Transparency Regulations

DS News -- Christina Hughes Babb

For the first time in American history, real estate agent commissions are about to become public information.

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March 01, 2021

Number of Hispanic Homeowners Expected to Soar by 2040

DS News -- Christina Hughes Babb

Researchers expect interest in homeownership among Hispanic Americans will soar by 2040.

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February 26, 2021

January Pending Home Sales Down 2.8% Amid Inventory Dearth

Mortgage Bankers Association

According to the National Association of Realtors, pending home sales dropped in January.

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February 26, 2021

With Moratoria in Place, ‘Zombie’ Properties Fade

Mortgage Bankers Association

According to Attom Data Solutions’ Vacant Property and Zombie Foreclosure Report, 175,000 vacant properties entered the foreclosure process in the 1st quarter of 2021.

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