by Brit Owen | Aug 10, 2021 | Industry News, Latest News, National, News |
ATTOM released its July 2021 U.S. Foreclosure Market Report, finding a total of 12,483 U.S. properties with foreclosure filings—default notices, scheduled auctions or bank repossessions—down 4% from last month but up 40% from a year ago. The month-over-month dip...
by Brit Owen | Aug 10, 2021 | Industry News, Latest News, National, News |
The total number of loans now in forbearance decreased by 7 basis points from 3.47% of servicers’ portfolio volume in the prior week to 3.40% as of Aug. 1, 2021, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey. The MBA...
by Brit Owen | Aug 6, 2021 | Industry News, Latest News, National, News |
Freddie Mac recently announced that the 30-year fixed mortgage rate (FRM) averaged 2.77%, according to its Primary Mortgage Market Survey® (PMMS®). Mortgage details: – 30-year fixed-rate mortgage averaged 2.77% with an average 0.6 point for the week ending Aug....
by Brit Owen | Aug 5, 2021 | Industry News, Latest News, Lead Story, National, News, Premium Metered |
The conversation surrounding the new Centers for Disease Control (CDC) eviction moratorium is getting heated. Following President Biden’s urgent bid to the CDC to extend the initial deadline, which expired this past weekend, the CDC enacted a new policy, which...
by Brit Owen | Aug 4, 2021 | Industry News, Latest News, National, News, Premium Metered |
On Tues., Aug. 3—just a few days after the federal eviction and foreclosure moratoriums expired—a new ban on evictions was imposed. The new order protects renters until Oct. 3 and is effective in areas of the country where COVID cases are rapidly increasing....