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Coming Up:
Guild Mortgage Accepting Payment History In Place Of Credit Score
CFPB: 19% of adults in the U.S. do not have a traditional credit score.
Mortgage Delinquencies, Foreclosure Starts Edged Up In June
Black Knight’s First Look report for June said that these levels still remain below pre-pandemic levels.
For The Fed, 2022 May Be 1979 All Over Again
Today’s Fed’s faces similar challenges – high energy and food prices plus inflation
Freddie Mac Appoints New SVP & Chief Compliance Officer
Dennis Hermonstyne Jr. Joins GSE From Similar Role At Santander Bank
Credit Unions And The 40-Year Mortgage
Credit unions have had the ability to offer a 40-year mortgage for some time now, but they’re gaining in popularity even if they’re not for everyone.
Escalating Mortgage Rates Creating An ARMs Race
With waning affordability and rising mortgage rates purging the market, both LendingTree and First American saw a recent uptick in adjustable rate mortgages.
Fannie Mae Executes Transfer Of $33B In Credit Insurance Risk
CIRT transactions are the seventh and eighth executed in 2022.
NAR Chief Economist: Nationwide Home Price Decline Won't Happen Soon
Lack of inventory continues to support growth in prices, which have increased year over year for 124 straight months.
Redfin: Buyers Can Start To Take Their Time
Report says homes are taking longer to sell, as few are being listed and even fewer are selling.