Redfin Reports New Listings and Pending Sales Ticked Up in September, But Deals Were Canceled at Highest Rate in Almost a Year
Mortgage Ledger Staff2023-10-23T11:38:07-04:00New listings inched up as some homeowners opted to cash out, fearing that elevated mortgage rates could drive a drop in home prices
SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — New listings climbed 1.4% month over month in September, the largest increase
ICE First Look at Monthly Mortgage Performance
Mortgage Ledger Staff2023-10-23T11:38:17-04:00Delinquencies Rose in September While Foreclosure Activity Remained Muted
- The national delinquency rate rose to 3.29% in September, up 12 basis points (BPS) from August and
Mortgage Investors Group Weekly Market Watch
Mortgage Ledger Staff2023-10-23T11:38:27-04:00Market Comment
Mortgage bond prices finished the week sharply lower which caused mortgage interest rates to surge higher. Elevated inflation, uncertainty in the Middle East, and the Fed’s continued quantitative tightening factored heavily into trading. The data was mixed but still
Mortgage Investors Group Market Watch
Mortgage Ledger Staff2023-10-16T12:43:34-04:00Market Comment
Mortgage bond prices finished the week considerably higher which put some downward pressure on rates. Most of the improvements occurred the beginning of the week as geopolitical tensions in the Middle East escalated. There was flight to safety buying
Ginnie Mae Mortgage-Backed Securities Portfolio Reaches $2.477 Trillion in September
Mortgage Ledger Staff2023-10-06T13:14:34-04:00Washington, D.C.—Ginnie Mae’s mortgage-backed securities (MBS) portfolio outstanding grew to $2.477 trillion in September, including $36.6 billion of total MBS issuance, leading to $19 billion of net growth. Issuance for this month was less than $38.1 billion in August and
Share of Mortgage Loans in Forbearance Decreases to 0.33% in August
Mortgage Ledger Staff2023-09-19T14:27:35-04:00Paradatec Continues to Grow Despite Lower Market Volumes
Mortgage Ledger Staff2023-09-12T16:14:36-04:00Number of users of award-winning AI-Cloud mortgage document automation technology increases 36% year-over-year
Paradatec Inc., a market leader in AI-based document analysis technology for the lending and real estate industries, announced a 36% increase over the