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National Mortgage News

  • Pennymac posts steady profits, adds brokers in 2Q +

    Pennymac Financial Services reported gains across the board in the second quarter, and claims it's now working with about a… Read More

  • Financial firms tell Congress why they need AI +

    Financial firms tell Congress why they need AI Witnesses from companies across financial services and housing, including a credit union and a core Read More

  • Homebuilder stocks stage a wild rally amid Fed cut hopes +

    A torrid rally in homebuilder stocks that's put the group on track for its best month this year shows few… Read More

  • A case of cold feet: why buyers are canceling purchase agreements +

    Home buyer hesitancy is growing, as the rate of purchase contract cancellations reached record levels during June, a Redfin survey… Read More

  • Fannie Mae ups forecast to two Fed rate cuts this year +

    Fannie Mae again revised its outlook when it comes to policy moves at the Federal Open Market Committee, rejoining those… Read More

  • Section 8 single-family rentals: An overlooked investor asset class +

    One of the most heart-wrenching problems in America today is the lack of affordable housing. According to an analysis of… Read More

  • Existing-home sales drop to one of slowest paces since 2010 +

    Existing-home sales in the U.S. slumped to one of the slowest paces since 2010 in June, as sellers wait for… Read More

  • 20 states where mortgage delinquency is increasing the most +

    20 states where mortgage delinquency is increasing the most Enjoy complimentary access to top ideas and insights — selected by our editors. Some mortgage delinquency is inevitable, but when it… Read More

  • Can tech and cybersecurity audits deliver savings to lenders? +

    A proper technology audit could save mortgage lenders much-needed cash during the housing market's doldrums. Matt VanFossen, CEO of Absolute… Read More

  • How to perform tech and cybersecurity audits to deliver savings +

    A proper technology audit could save mortgage lenders much-needed cash during the housing market's doldrums. Matt VanFossen, CEO of Absolute… Read More
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› ‹

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Calculated Risk

  • Wednesday: New Home Sales, Architecture Billings Index +

    Wednesday: New Home Sales, Architecture Billings Index Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Wednesday: • At 7:00 AM ET, The Mortgage Bankers… Read More

  • July Vehicle Sales Forecast: 16.1 million SAAR, Up 1% YoY +

    July Vehicle Sales Forecast: 16.1 million SAAR, Up 1% YoY From WardsAuto: July U.S. Light-Vehicle Sales Tracking to Strongest SAAR So Far in 2024 (pay content). Brief excerpt:An expected boost… Read More

  • NAR: Existing-Home Sales Decreased to 3.89 million SAAR in June; Median House Prices Increased 4.1% Year-over-Year +

    NAR: Existing-Home Sales Decreased to 3.89 million SAAR in June; Median House Prices Increased 4.1% Year-over-Year Today, in the CalculatedRisk Real Estate Newsletter: NAR: Existing-Home Sales Decreased to 3.89 million SAAR in June Excerpt: Sales Year-over-Year… Read More

  • NAR: Existing-Home Sales Decreased to 3.89 million SAAR in June +

    NAR: Existing-Home Sales Decreased to 3.89 million SAAR in June From the NAR: Existing-Home Sales Slipped 5.4% in June; Median Sales Price Jumps to Record High of $426,900Existing-home sales fell… Read More

  • MBA Survey: Share of Mortgage Loans in Forbearance Increases to 0.23% in June +

    by Calculated Risk on 7/22/2024 04:38:00 PM Read More

  • ICE: Mortgage Delinquency Rate Increased in June +

    ICE: Mortgage Delinquency Rate Increased in June From ICE: ICE First Look at Mortgage Performance: June Sees Calendar-Driven Spike in Delinquencies; Foreclosures Remain Historically Low • Coming off… Read More

  • NMHC: "Apartment Market Conditions Continue to Loosen" +

    NMHC: Today, in the CalculatedRisk Real Estate Newsletter: NMHC: "Apartment Market Conditions Continue to Loosen" Excerpt: From the NMHC: From the… Read More
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Quick Quips!

image Homes in FORECLOSURE that become vacant provide sites for crime or other neighborhood problems. One foreclosure can impose up to $34,000 in direct costs on local government agencies, including inspections, court actions, police and fire department efforts, potential demolition, unpaid water and sewage, and trash removal, not to mention the blight to our neighborhoods and communities when they are left vacant. Homes in FORECLOSURE that become vacant provide sites for crime or other neighborhood problems. One foreclosure can impose up to $34,000 in direct costs on local government agencies, including inspections, court actions, police and fire department efforts, potential demolition, unpaid water and sewage, and trash removal, not to mention the blight to our neighborhoods and communities when they are left vacant.
image "If you represent an institution, and your firm is interested in a deleverage of under-performing assets backed by real property in your existing portfolio; or if you are an individual investor desirous of adding to your portfolio, we invite you to consider collaborating with us. Regardless of your need and specific strategy, our purpose is to increase the value of your efforts and help solve economic challenges faced by today's asset managers and investors."
Jeff Barr, CEO"If you represent an institution, and your firm is interested in a deleverage of under-performing assets backed by real property in your existing portfolio; or if you are an individual investor desirous of adding to your portfolio, we invite you to consider collaborating with us. Regardless of your need and specific strategy, our purpose is to increase the value of your efforts and help solve economic challenges faced by today's asset managers and investors."
Jeff Barr, CEO