Why state laws influence borrower behavior and mortgage REITs
Just under half of all states are judicial. However, in terms of delinquencies, the majority of the leaders are judicial states.
Mortgage Bankers Chairman Bill Cosgrove to Keynote 2015 Ellie Mae Encompass Experience Conference
Ellie Mae® , a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, today announced that Bill Cosgrove, curren
Mortgage rates to decline following central bank's rate cut: economists
Economists were expecting rates to dip slightly in response to the Bank of Canada's surprise move Wednesday to cut its trend-setting interest rate to 0.75 per cent, from one per cent, to soften the blow of dropping oil prices on the Canadian economy. “This signals that low interest rates will be with us a while longer,” said Avery Shenfeld, the chief economist at CIBC World Markets, noting that …
Fitch Expects to Rate Sequoia Mortgage Trust 2015-1; Presale Issued
Fitch Ratings expects to rate Sequoia Mortgage Trust 2015-1 as follows:
Hunt Mortgage Group Refinances Seven Properties Through Freddie Mac
Hunt Mortgage Group, a commercial real estate lender, announced today that it refinanced seven multifamily properties using Freddie Mac loan facilities. The properties are located in a variety of markets …
Mortgage delinquencies tick up 6.08%
Better economic times are helping lower mortgage delinquencies, but we still have some work to do clearing the foreclosure pipeline.
Brazil mortgage financing slumps as activity wanes, group says
A measure of mortgage loan disbursements in Brazil rose at the slowest pace in more than a decade as rising borrowing costs, a stagnant economy and eroding confidence dampened demand for home loans, an industry group said on Wednesday. The amount of mortgage loans funded with resources from the country's SBPE savings and loan system totaled 112.9 billion reais ($43.4 billion) last year, a 3.4 …
Fitch: FHA Move, Falling Mortgage Rates a Boon for U.S. Homebuyers
Link to Fitch Ratings' Report: Residential Mortgage Market Index — U.S.A.
mortgage loan Rates Fall to 16-Month Low
mortgage loan rates have dropped on all types of loans for the third consecutive reporting period and are now at levels equal to mid-2013.
Mortgage applications rise on refinancing surge
Building on the huge momentum two weeks ago, mortgage application volume jumped further last week, up 14.2 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association (MBA).