NPLs sold through the first half of 2018 had an average delinquency of 3.1 years and an average current loan-to-value ratio of 95 percent, not including capitalized arrearages. Three states—New Jersey, New York, and Florida—accounted for 46 percent of NPLs sold in this period.
From Dec. 31, 2015 to June 30, 2018 the number of loans one or more years delinquent held in Fannie Mae and Freddie Mac’s portfolios decreased by 61 percent.
Title company’s chief economist says history shows rising mortgage rates may take the steam out of rising house prices, but don’t necessarily trigger a decline.
The housing market is “normalizing” as affordability rapidly declines, forcing both buyers and sellers to adjust their expectations, according to a new report.
First American Financial Corp., a provider of title, settlement, and risk solutions for real estate transactions, ...
About 12% of customers may have been affected, according to a source.
Updated at 3:30 p.m. on 5/27/22
Equifax, one of the country’s three largest consumer credit reporting agencies, is telling lenders that a coding issue introduced during a technology change to its legacy online model platform may have resulted in the miscalculation of certai...