Black homeownership grew for the fourth quarter in a row, hitting its largest percentage since 2004 despite disproportionate impacts of the coronavirus.
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The annual survey and ranking of mortgage servicers found that while trust is increasing, borrowers were frustrated with some digital interactions and long wait times with call centers.
July 30 -
Real estate agents say they are seeing more out-of-state homebuyers looking to move to Maine, but so far in 2020, there's been no surge of people from away actually buying homes in the state.
July 30 -
The New Jersey megamall owners' missed mortgage payments for another property compound investor concerns.
July 29 -
Black homeownership grew for the fourth quarter in a row, hitting its largest percentage since 2004 despite disproportionate impacts of the coronavirus.
July 29 -
Born from the burgeoning real estate market that preceded the Great Recession, flipping homes has become a national fascination over the past two decades.
July 29 -
An index of pending home sales exceeded forecasts in June as borrowing costs fell, adding to evidence that the housing market is the bright spot in an economy stunted by COVID-19.
July 29 -
Mortgage applications decreased 0.8% from one week earlier as the latest spread of COVID-19 weighed on the minds of consumers looking to buy or refinance, according to the Mortgage Bankers Association.
July 29 -
From guidelines for remote appraisal alternatives to the ways that forbearance affects borrowers' ability to get new loans, here are five examples of mortgage requirements that have been in flux since the coronavirus outbreak in the United States.
July 29 -
The enhanced jobless benefits in the coronavirus relief law enacted in March helped limit delinquencies and maintain consumer spending, analysts say. In their follow-up stimulus plan, Senate Republicans want to cut those benefits from $600 to $200 a week.
July 28 -
The key word is "temporary" with the FHA's quality control waiver expiring and not likely to be renewed.
July 28ACES Risk Management Corp.