Mortgages

The company claims its digital registry system is a faster, safer alternative to MERS databases

Executives speak on the uncertainty created by the Russia-Ukraine war and Federal Reserve announcements.

Purchase lending grew despite headwinds in mortgage rates and rising home values.

In addition to the Russia-Ukraine conflict, persistent inflationary pressures and expected monetary policy moves are contributing to volatility.

The $1.7 trillion in purchase lending for the year is the most ever recorded according to Black Knight’s January Mortgage Monitor Report.

The two states' combined plans amount to over $1.5 billion of the Homeowner Assistance Fund included within the American Rescue Plan Act , which was passed a year ago.

The effect of the conflict and upcoming Fed announcements have left much of the industry guessing about what happens next.

The Mortgage Bankers Association now predicts slightly more purchases even with higher rates, but the Ukraine situation could change that.

Meanwhile, 707,104 mortgages remain in forbearance, accounting for a combined $136 billion in unpaid balances.

The number of properties in limbo is up 10.3% from the same time last year, according to Attom Data Solutions.