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Coming Up:
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%.
Mortgage Applications Rose Last Week As Rates Fell
A 4% jump in purchase applications led the 1st increase in 8 weeks.