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Mortgage delinquencies continued to improve in November

Mortgage delinquencies continued to improve in November

by Third Party | Dec 24, 2021 | Mortgage Information, News/Current Events

Source: Housing Wire —  The delinquency landscape continues to improve on a monthly basis, with the total delinquency rate in the nation falling to 3.59% in November, according to Black Knight’s November mortgage monitor published this week. In October, the...
5 tech trends that will move mortgages and housing in 2022

5 tech trends that will move mortgages and housing in 2022

by Third Party | Dec 21, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Bankrate —  In the Amazon age, consumers are more pampered – and less patient – than ever. Tap your phone and, voilà – hot food from your favorite restaurant arrives in minutes. High-end electronics appear on your doorstep in hours. However,...
Non-Profit Bidders Successfully Purchase More Than 800 Mortgage Notes Through HUD-Held Vacant Loan Sale

Non-Profit Bidders Successfully Purchase More Than 800 Mortgage Notes Through HUD-Held Vacant Loan Sale

by Third Party | Dec 19, 2021 | Mortgage Information, News/Current Events

Source: My ChesCo —  WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development’s Office of Asset Sales announced that 23 mission-driven non-profit organizations recently participated – and 11 were awarded pools – in its December 1, 2021,...
Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million

Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million

by Third Party | Dec 18, 2021 | Industry Updates, Mortgage Information, News/Current Events

Source: News Bitcoin —  Bitcoin-Backed Mortgage — ‘The First Product of Its Kind to Hit the Market’ Ledn announced Wednesday “the impending launch of a bitcoin-backed mortgage product,” which the company says is “the first product of its kind to hit the market.”...
Omicron Variant Hits the Luxury Real Estate Market

Omicron Variant Hits the Luxury Real Estate Market

by Third Party | Dec 18, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Realtor —  The recent volatility in the stock market and cryptocurrencies, fueled by anxiety over the omicron variant, has some would-be homebuyers pressing pause on pricey real estate purchases. That’s been the case for New York native Neil Kapoor, 36,...
What You Should Know About Mortgage Prepayment Penalties

What You Should Know About Mortgage Prepayment Penalties

by Third Party | Dec 18, 2021 | Mortgage Information

Source: Forbes —  Purchasing a real estate property through a mortgage is a substantial financial commitment and thus, the underlying terms and conditions should not be ignored. The property buying process includes contractual agreements that may indicate...
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