Inventory, sales and price-cut trends reveal how home buyers and sellers are adjusting to changing market conditions
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 7 basis points from 0.81% of servicers’ portfolio volume in the prior month to 0.74% as of July 31,
Delinquency rate drops to lowest level since survey inception in 1979
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 3.64 percent of all loans outstanding at the end of the second quarter
Fannie Mae (FNMA/OTCQB) today began marketing its twenty-seventh sale of reperforming loans as part of the company’s ongoing effort to reduce the size of its retained mortgage portfolio.
The sale consists of approximately 6,130 loans, having an
Mortgage applications increased 0.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 5, 2022.
The Market Composite Index, a measure of mortgage loan application volume, increased 0.2
The next generation of Zillow surfing uses an AI-generated floor plan to bring together listing photos and 3D tours for a more authentic and seamless virtual home-shopping experience
Zillow® surfing 2.0 is nationwide, starting today. Home
GoDocs and Applied Business Software, makers of The Mortgage Office (TMO), the leader in private lending software, are proud to unveil an industry redefining integration that will provide an end-to-end, single-system solution for
Fannie Mae (OTCQB: FNMA) today announced the results of a recent reperforming loan sale. The sale of approximately 5,460 loans totaling $663.3 million in unpaid principal balance (UPB) was awarded to JP Morgan Mortgage Acquisition Corp. (Chase). The transaction
