Tag Archives: mortgage

Housing insecurity ticks down in most states, but some worse off

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Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago. Continue reading →

Ida flooding could jeopardize 47,000 home sales in NY and NJ

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Devastating flash floods in New York and New Jersey in the aftermath of Hurricane Ida could delay or derail as many as 47,000 pending real estate transactions valued at more than $19.4 billion in those states alone, according to an analysis by ClosingC… Continue reading →

Homebuyer sentiment ticks up for the first time since March

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Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale. Continue reading →

Mortgage rates cap off their most stable month of 2021 so far

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Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials. Continue reading →

Individuals to get better shot at buying foreclosed homes

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The Biden administration wants to give owner occupants a better shot at purchasing homes repossessed by HUD, Fannie Mae and Freddie Mac. Continue reading →

Regulators probe ‘education fraud scheme’ by loan originators

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California is leading a multi-state regulatory task force investigating a company suspected of allowing mortgage loan originators to skirt their pre-licensing and continuing education coursework requirements. Continue reading →

Millions of homes at risk of flash floods from Tropical Storm Ida

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Ida, which hits just as new risk ratings for the National Flood Insurance Program are scheduled to take effect on Oct. 1, could also put uninsured property owners at risk. Continue reading →

Fed says it wants to see job numbers before tapering

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Powell “stuck to the script in his Jackson Hole speech,” said Pantheon Macroeconomics Chief Economist Ian Shepardson. “Anyone hoping for a steer on the timing of the taper will have been disappointed, but it was never likely.” Continue reading →

Stewart buying Informative Research to further ‘end-to-end’ platform goal

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If and when the $192 million deal closes, it will be Stewart’s biggest bet on ancillary services, and it will bring the total spent on acquisitions during Stewart CEO Fred Eppinger’s tenure to more than half a billion dollars. Continue reading →

Lenders hold firm on mortgage rates after Fed dust settles

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Minutes released last week from the July 27-28 meeting of a Federal Reserve committee that sets monetary policy revealed that most members are open to tapering bond purchases the Fed makes to stimulate the economy by the end of this year. Continue reading →