Elina Tarkazikis is a reporter for National Mortgage News. She is a graduate of Ramapo College of New Jersey, where she was the founding editor in chief of the school's chapter of HerCampus.com and a staff writer for its student-run publication, The Ramapo News. She has previously worked for The County Seat in Hackensack and Elvis Duran and the Morning Show, iHeartMedia's nationally syndicated radio program. Elina is also a licensed real estate agent in New Jersey, adores pets and speaks three languages.
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Property values recovered, and in some cases even surpassed housing bubble peaks, but the same can't be said for waning new construction activity, which won't return to historic norms for years, according to Zillow.
September 16 -
Refinances jumped in July in response to a considerable mortgage rate decline from the month prior as homeowners set to lock in lower costs, according to Ellie Mae.
August 22 -
While talks of an impending recession pick up steam, the housing market remains fairly stalwart and won't be to blame this time around, according to Zillow.
August 16 -
Mortgage activity fell at the start of the year, but lower mortgage rates are boosting refinance volume, and Generation Z is starting to creep into the housing market, according to TransUnion.
August 14 -
Fewer mortgage borrowers are falling behind on their payments, and consumers' broader borrowing habits indicate an increased willingness to turn to nontraditional sources like fintechs for their lending needs, according to TransUnion.
February 22 -
Late payments on loans backing commercial mortgage bonds continued falling at the start of the year, due to strong new issuance volume and continued resolutions for precrisis loans by special servicers, according to Fitch Ratings.
February 11 -
Och-Ziff Capital is suing BNY Mellon, as trustee, to compel it to calculate interest in a way that is more favorable to the class of securities it holds.
February 6 -
While the London interbank offered rate won't go dark until 2021, the commercial real estate finance industry should start preparing for the transition now, says the Mortgage Bankers Association.
January 24 -
Lagging construction, rising interest rates and the broader economy don't really bode well for buyers of commercial real estate, but most CRE lenders still expect originations to increase in 2019, according to the Mortgage Bankers Association.
January 8 -
Freddie Mac issued its first non-low-income housing tax credit forward commitment, providing financing for an affordable housing development in Minnesota.
December 28 -
Fannie Mae and Freddie Mac transferred a substantial amount of credit risk to the private sector through both single-family and multifamily market transactions in the first half of the year, with activity expected to rise in 2019, according to the Federal Housing Finance Agency.
November 1 -
The 30-day delinquency rate dropped to a low not seen in over a decade in July, but foreclosure starts also increased to a three-month high.
August 24 -
The agency said the market for larger rental investors may not need additional liquidity from Fannie Mae and Freddie Mac.
August 21 -
The Consumer Financial Protection Bureau's practice of "regulation by enforcement" and use of nonbinding guidance materials makes its regulatory efforts "unfair and ineffective" to lenders and servicers, the Mortgage Bankers Association said.
July 5 -
Test your knowledge of the secondary mortgage market with this quiz of key industry abbreviations.
May 18 -
Conforming loan limits for mortgages bought by Fannie Mae and Freddie Mac will increase for the second consecutive year in response to the rapid rise in home prices, the Federal Housing Finance Agency said.
November 28 -
Commercial and multifamily originations are projected to surpass the 2007 market peak this year, according to the Mortgage Bankers Association.
October 27 -
Nearly 1.4 million residential properties were vacant as of the end of the third quarter, representing 1.58% of all U.S. residential properties, according to Attom Data Solutions.
October 26 -
The CFPB's practice of "regulation by enforcement" forces mortgage companies to develop compliance standards based on the mistakes of their peers, rather than clear guidance from the enforcement agency, said David Motley, the new chairman of the Mortgage Bankers Association.
October 23 -
JPMorgan Chase reported a rise in value of its mortgage servicing rights despite lower originations in this year's third quarter.
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