Mon, May 20, 2024
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National Mortgage News

  • FHA originations show signs of improvement: TransUnion +

    Mortgage origination volumes decreased for the 10th straight quarter to close 2023, but the performance of Federal Housing Administration-guaranteed loans… Read More

  • CrossCountry Mortgage failed to cover remote work costs, suit says +

    A former CrossCountry Mortgage loan officer is suing the mortgage company for allegedly failing to reimburse employees for remote business-related… Read More

  • National Mortgage News quiz: May 17 +

    National Mortgage News quiz: May 17 Enjoy complimentary access to top ideas and insights — selected by our editors. Consider yourself a scholar of the latest mortgage… Read More

  • America's Moneyline cites new evidence in its countersuit against UWM +

    America's Moneyline, one of the first mortgage brokerages to be sued by United Wholesale Mortgage for allegedly flouting its All-In… Read More

  • FHFA request for input eyes Federal Home Loan Banks' role +

    A formal public request for feedback on the Federal Home Loan Bank system launched Thursday, following a year when it… Read More

  • UWM announces 0% down purchase product +

    Mat Ishbia and United Wholesale Mortgage unveiled a 0% down purchase product Thursday, building on the wholesale giant's aggressive offerings… Read More

  • VA delinquencies jumped following call for foreclosure ban +

    Delinquencies on loans partially guaranteed by the Department of Veterans Affairs jumped notably within the course of the first quarter… Read More

  • Housing starts, permits fall short as mortgage rates rise +

    New home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent rise… Read More

  • Mortgage rates keep sliding after inflation report +

    Mortgage rates continued moving lower this week, as the 10-year Treasury yield they are in part priced off of, also… Read More

  • Data issues may thwart expanded underwriting, coalition fears +

    A coalition of mortgage industry groups have issued a letter to the Federal Housing Finance Agency that flags hurdles to… Read More
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› ‹

We Can Help

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Calculated Risk

  • The Top Ten Job Streaks: Current Streak is in 5th Place +

    by Calculated Risk on 5/19/2024 09:50:00 AM Read More

  • Real Estate Newsletter Articles this Week: Housing Starts Increased to 1.360 million Annual Rate in April +

    Real Estate Newsletter Articles this Week: Housing Starts Increased to 1.360 million Annual Rate in April At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Single Family Starts Up 18%… Read More

  • Schedule for Week of May 19, 2024 +

    Schedule for Week of May 19, 2024 The key reports this week are April New and Existing Home Sales. ----- Monday, May 20th ----- 10:30 AM: Speech, Fed Vice… Read More

  • May 17th COVID Update: Weekly Deaths at New Pandemic Low! +

    May 17th COVID Update: Weekly Deaths at New Pandemic Low! Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. For deaths, I'm currently using 4 weeks ago… Read More

  • Hotels: Occupancy Rate Increased 2.1% Year-over-year +

    by Calculated Risk on 5/17/2024 01:12:00 PM Read More

  • Lawler: Early Read on Existing Home Sales in April & 3rd Look at Local Housing Markets +

    Lawler: Early Read on Existing Home Sales in April & 3rd Look at Local Housing Markets Today, in the Calculated Risk Real Estate Newsletter: Lawler: Early Read on Existing Home Sales in April & 3rd Look… Read More

  • Early Q2 GDP Tracking: 1.9% to 3.6% +

    by Calculated Risk on 5/17/2024 08:23:00 AM 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