Hidden costs of homeownership, like property taxes and homeowners insurance, were given a 37 percent risk factor for triggering mortgage delinquency by leaders in default servicing, according to a survey by Auction.com. Continue reading
Early-stage delinquencies have increased for three months in a row, suggesting that delinquency rates may be nearing a bottom, according to first look at Black Knight Mortgage Monitor report. Continue reading
Fannie and Freddie remain profitable but are setting aside pots of money to cover future losses that could result from falling home prices. Continue reading
Two-thirds of the 7.1 million homeowners who were granted forbearance during the pandemic have already left. Most of this “bellwether” group have either resumed payment on their loans or paid them off. Continue reading