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Mortgage Delinquency Rate Up During August

Mortgage Delinquency Rate Up During August

by Phil Hall | Sep 24, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The national mortgage delinquency rate rose by 16 basis points (bps) in August to 3.43%, a 10-bps year-over-year upswing. According to data from ICE Mortgage Technology, August’s rise follows delinquency rate declines from June and July. FHA loans recorded the largest...
Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case

Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case

by Phil Hall | Sep 24, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The Department of Justice (DOJ) has acquiesced to President Trump’s demands that mortgage fraud investigation of New York Attorney General Letitia James move forward. According to a Bloomberg report sourced from unnamed “people familiar with the matter,” the case is...
Mortgage Application Activity Records Slight Uptick

Mortgage Application Activity Records Slight Uptick

by Phil Hall | Sep 24, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications inched up at a mild pace during the week ending Sept. 19, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, recorded a 0.6% uptick on a seasonally...
Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2

Commercial and Multifamily Mortgage Debt Outstanding Increased During Q2

by Phil Hall | Sep 23, 2025 | Commercial Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The level of commercial/multifamily mortgage debt outstanding reached $4.88 trillion by the end of the second quarter, an increase of $47.1 billion (1%) from the first quarter, according to data from the Mortgage Bankers Association (MBA). Multifamily mortgage debt...
New Pilot Program Aimed at Expanding Homeownership in Detroit

New Pilot Program Aimed at Expanding Homeownership in Detroit

by Phil Hall | Sep 23, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Michigan State Housing Development Authority (MSHDA) is partnering with the Tobias Harris Homeownership Initiative (THHI), a program backed by Detroit Pistons icon Tobias Harris, on a new shared-appreciation mortgage pilot with Guild Mortgage and Homium that is...
A Phil Hall Op-Ed: The Smearing of Erik Siebert    

A Phil Hall Op-Ed: The Smearing of Erik Siebert   

by Phil Hall | Sep 22, 2025 | A Phil Hall Op-Ed, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: There is absolutely nothing in Erik Siebert’s background to suggest he has a penchant for chicanery and dishonesty. A graduate of the prestigious Virginia Military Institute, he served as a police officer with the Metropolitan Police Department in...
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