What Will Housing Policy Look Like After the Election?
Mortgage Ledger Staff2020-10-30T14:21:44-04:00
Election day is rapidly approaching,
Federal Home Loan Bank Of Boston Announces 2020 Third Quarter Results, Declares Dividend
Mortgage Ledger Staff2020-10-30T14:19:59-04:00The Federal Home Loan Bank of Boston announced its preliminary, unaudited third quarter results for 2020, reporting net income of $53.6 million for the quarter. The Bank expects to file its quarterly report on Form 10-Q for the quarter ending September 30, 2020,
Freddie Mac Analysis Shows Majority of Multifamily Residents Prioritize Rent Payments Amidst Pandemic
Mortgage Ledger Staff2020-10-30T14:17:24-04:00A new analysis from Freddie Mac (OTCQB: FMCC) Multifamily’s research group examines the five major resources capturing rent payment information in the wake of the COVID-19 pandemic, including those created by the National Multifamily Housing Council (NMHC),
Housing Market Shows Signs of Seasonal Cooling Even as Historic Demand Continues
Mortgage Ledger Staff2020-10-30T14:13:17-04:00This Zillow Weekly Market Report includes housing market data as of the week ending Oct. 24
The housing market is showing signs of seasonal cooling after a scorching hot summer sales season that stretched uncharacteristically
Planet Financial Group Continues Significant Growth During Third Quarter
Mortgage Ledger Staff2020-10-29T15:23:38-04:00Planet Financial Group, LLC, parent of national mortgage lender and servicer Planet Home Lending, LLC, continued its growth across its multiple channels during the third quarter of the year and achieved several milestones:
- Hired 1,000th employee
Realtor.com® Weekly Housing Report: Home Buyers Stand to Benefit from New Listings Trend Improvement
Mortgage Ledger Staff2020-10-29T15:21:49-04:00— Newly listed homes show greatest improvement since March
— The number of homes on the market remains at record lows as they sell 14 days faster than a year ago
— Asking prices continue to
Freddie Mac Prices $999 Million Multifamily K-Deal, K-739
Mortgage Ledger Staff2020-10-29T15:20:15-04:00Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 7-year terms.
Low Mortgage Rates Are Easing Affordability, But Down Payments Are Further From Reach
Mortgage Ledger Staff2020-10-29T15:17:25-04:00Mortgage affordability has improved since 2018 because of ultra-low mortgage rates
– Households that own their home typically spent 17.5% of household income on their monthly housing payments in September, down from 19.6% two years earlier.
– Record-low mortgage
CoreLogic Reports A 26.3% Year-Over-Year Decrease in Mortgage Fraud Risk in Second Quarter of 2020
Mortgage Ledger Staff2020-10-28T13:38:56-04:00- Risk Index decrease was driven by a record volume of refinances; however, purchase applications showed a 6% increase in risk
- Investment properties accounted for the highest-risk applications
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