Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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Changed borrower psychology and the severe housing inventory shortage dropped lending activity across the board, according to Black Knight.
June 14 -
The four-week high in forbearance exits also helped drive the considerable drop in plans, according to Black Knight.
June 4 -
Refinancings more than doubled the year-ago amount and made up for the slowed purchase activity, according to Attom Data Solutions.
June 3 -
Economic recovery should soar into the summer as vaccination rates climb and restrictions loosen up, but low inventory is likely to limit mortgage activity into the next year, according to Fannie Mae.
May 19 -
Most of the activity covered vacant and abandoned properties or commercial loans, according to Attom Data Solutions.
May 12 -
While government protections currently shield most borrowers and delay process timelines, a growing backlog is likely to hit some areas of the country worse than others.
April 23 -
Mortgage rates that are rising in tandem with a recovering economy dampened borrower activity, even with prime homebuying season underway.
April 7 -
While the economic recovery and stimulus checks drove upward movement in purchases, it wasn’t enough to offset tumbling refinance activity.
March 17 -
After a booming 2020, more mortgage lenders than ever before expect diminishing margins in the coming months as climbing interest rates set up heightened competition.
March 11 -
As an improving job market aided financial stability for borrowers, 2020 ended with drops in delinquent home loans, a CoreLogic report found.
March 9 -
Servicers struggled to bring back their borrowers as the overall retention rate crept down to a nadir in the fourth quarter, according to Black Knight.
March 8 -
The agency will allow an additional three months of forbearance for multifamily property loans backed by Fannie Mae and Freddie Mac, as long as tenant protections are offered.
March 4 -
While foreclosure moratoria keep the overall numbers down, zombie foreclosure rates jumped in the majority of states, according to Attom Data Solutions.
February 25 -
While the Mortgage Bankers Association hailed the move, some experts say it could negatively impact housing inventory.
February 16 -
While its net income declined annually for the second consecutive year, CEO Hugh Frater touted Fannie Mae’s resiliency in a record year for providing mortgage liquidity.
February 12 -
Gains in consumer financial stability helped to decrease the rates of distressed home loans, but job creation is needed to make recovery sustainable, a CoreLogic report found.
February 9 -
The deal definitively ends a monthslong war of words between the data provider and stakeholders who attempted a hostile takeover.
February 4 -
The CARES Act-related forbearances could be “lulling us into a false sense of security” as 12-month expirations approach, according to Black Knight.
February 1 -
Black Knight’s product is designed to assist mortgage lenders in performing due diligence while also preventing heightened risk of foreclosure losses.
January 26 -
The subsidiary of New Residential Investment produced nearly $400 million in non-QM volume in the first quarter of 2020 before putting a hold on the product offering in March.
January 25
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