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Coming Up:
ATTOM: Originations Fall For 6th Straight Quarter
Total loans in the third quarter decreased 47% year-over-year — the largest annual drop in 21 years.
Builder Confidence Falls For 11th Straight Month
Use of incentives increases as builders try to lure buyers.
Why Don’t College Degrees Close The Racial Homeownership Gap?
A study found young white adults with high school diplomas are more likely to own a home that Black adults with a college degree.
Fannie Mae Launches New Single-Family Social Disclosures
New disclosures provide a view into socially oriented lending activities.
UWM Expands Temporary Rate Buydown Offerings
In a rising rate environment, this temporary rate buydown will be an attractive option for borrowers.
CFPB Asks Supreme Court To Rule On Its Constitutionality
Petition filed less than a month after lower court ruled its funding method method is unconstitutional.
Household Debt Climbs As Mortgage Originations Fall
Total household debt in the quarter increased 2.2% to $16.51 trillion.
Study: Cost Of Mortgage, Other Financial Fraud Rising
Overall, the cost of fraud is up almost 20% in the U.S.
FHA: 1.8M Borrowers Got COVID-19 Forbearance
In annual report to Congress, FHA says serious delinquencies fell to 4.77%.