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A combination of economic and environmental factors are sending property and flood coverage premiums soaring, which can make costs insurmountable for some.
September 25 -
Since 2019, distressed loans have increased 77%, but it is just a small portion of the $691 billion currently outstanding.
September 21 -
Fewer of these mortgages are paying off, adding to the amount of credit on investors' books, the Mortgage Bankers Association said.
September 20 -
The real estate investment trust arm of two affiliate mortgage-related companies could reduce other debt and finance purchases of loans, servicing or securities.
September 19 -
High mortgage rates and the lack of inventory for sale pushed the sector into a downturn twice recently - between May and November last year and in May of 2023 - according to First American
September 18 -
The impact on things like servicing rights would raise costs even for lenders that aren't banks, according to Mortgage Bankers Association President and CEO Bob Broeksmit. Others disagree.
September 14 -
The mortgages are part of a program that received congressional scrutiny earlier this year.
September 13 -
Decreased availability of bank capital for new commercial construction helped slow activity from the previous nine quarters, according to a new report.
September 8 -
Even though the average for the 30-year fixed loan declined for the second straight week, a buoyant economy will affect future movements, Freddie Mac said.
September 7 -
Purchase-loan activity dropped again to its most subdued level in close to three decades, while refinances saw their smallest numbers in eight months, according to the Mortgage Bankers Association.
September 6