Mortgage Industry News
FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
This Final Rule is effective Feb. 23, 2026. Continue Reading FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028
Report: Nationwide Mortgage Delinquency Rate at 4-Year High
609,000 borrowers who were current on payments in October became delinquent in November, marking the largest single-month inflow since May 2020. Continue Reading Report: Nationwide Mortgage Delinquency Rate at 4-Year High
CrossCountry Mortgage Raises Its Agency Conforming Loan Limits
CCM’s announcement comes months ahead of the Federal Housing Finance Agency’s official 2026 announcement. Continue Reading CrossCountry Mortgage Raises Its Agency Conforming Loan Limits
Mortgage Delinquency Rate Up During August
An anomaly in the August calendar might have played a role in the month’s delinquency data. Continue Reading Mortgage Delinquency Rate Up During August
Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
The case is still active within the US Attorney’s Office for the Eastern District of Virginia. Continue Reading Report: DOJ to Press Ahead with Letitia James Mortgage Fraud Case
MBA Open Doors Foundation Reports Helping More Than 15,000 Families Since 2012
The Foundation first partnered with Children’s National Medical System in Washington, D.C., in 2012. Continue Reading MBA Open Doors Foundation Reports Helping More Than 15,000 Families Since 2012
A Phil Hall Op-Ed: A Future That Could Have Been
Mark Olson, co-chairman of the board of Corporate Risk Advisors, said, “Anything with a discreet income stream can be privatized.” Continue Reading A Phil Hall Op-Ed: A Future That Could Have Been
Guild Mortgage Acquires First Centennial Mortgage
San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired First Centennial Mortgage, an Illinois-based privately held residential mortgage lender focused on the Midwest markets. First Centennial Mortgage was founded by brothers Steven and David McCormick in...
Zillow Home Loans Debuts 1% Down Payment Program
The program is initially being offered on properties located in Arizona, with plans to expand to additional markets. Continue Reading Zillow Home Loans Debuts 1% Down Payment Program
Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
There were 714,000 new single-family home sales last month, up 31.5% from July 2022. Continue Reading Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
Zombie Property Levels in Slight Rise
315,425 residential properties are in the process of foreclosure in the third quarter of this year. Continue Reading Zombie Property Levels in Slight Rise
MBA: Purchase Loan Applications at 28-Year Low
The adjustable-rate mortgage share of activity increased to 7.6% of total applications, its highest level in five months. Continue Reading MBA: Purchase Loan Applications at 28-Year Low
Foreclosure Inventory Hits 15-Month Low
Among the states, Mississippi had the highest non-current percentage at 7.65% and Colorado had the lowest with 1.95%. Continue Reading Foreclosure Inventory Hits 15-Month Low
MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume
The states with the lowest share of loans that were current were Louisiana, Mississippi, Indiana, New York, and West Virginia. Continue Reading MBA: Loans in Forbearance Account for 0.39% of Servicers’ Portfolio Volume
MBA: Independent Mortgage Banks Record Lower Production Losses in Q2
“There were signs of improvement in the second quarter of 2023,” said MBA’s Marina Walsh. Continue Reading MBA: Independent Mortgage Banks Record Lower Production Losses in Q2
Recent Posts
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- Illinois Home Sales Up in June While Chicago Home Sales Decline
- Mortgage Rates Rise for Third Straight Week
- Harvard Forecast Points to Slowing in Remodeling Market
