Sunday , 29 November 2020

DS News

DS News

Composite and Mortgage Default Indices Fall to Historic Lows

By Brian Honea April’s composite default index fell by eight basis points from March down to a historical low of 0.97 percent, its lowest level since July 2014. The composite index had just fallen from 1.12 to 1.05 from February to March, its first month-over-month decline in eight months. Meanwhile, the second mortgage default rate declined by seven basis points …

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Freddie Mac Predicts Interest Rate Volatility As Capital Markets Try to Anticipate Fed’s Timing

By Brian Honea “For the remainder of this year, we’re likely to continue to see these mortgage rate swings as market participants try to anticipate Fed timing around rising short term interest rates,” said Len Kiefer, deputy chief economist at Freddie Mac. “Unfortunately, perspective homebuyers may experience bouts of affordability shock in many housing markets.” The post Freddie Mac Predicts …

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Freddie Mac Predicts Interest Rate Volatility As Consumers Try to Anticipate Fed’s Timing

By Brian Honea “For the remainder of this year, we’re likely to continue to see these mortgage rate swings as market participants try to anticipate Fed timing around rising short term interest rates,” said Len Kiefer, deputy chief economist at Freddie Mac. “Unfortunately, perspective homebuyers may experience bouts of affordability shock in many housing markets.” The post Freddie Mac Predicts …

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DS News Webcast: Tuesday 5/19/2015

By Jordan Funderburk The percentage of residential mortgage borrowers who are delinquent was reported at 2.95 percent in Q1, the first time it has been below 3 percent in more than seven years, according to TransUnion’s Quarterly Industry Insights Report released Monday. Before Q1, the mortgage delinquency rate had not been below 3 percent since Q3 2007, immediately … The …

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White Paper Authors Warn of the Cost of Reprivatizing GSEs

By Brian Honea Currently their line of credit with Treasury would provide about 5 percent capitalization and the current guarantee fee of 63 basis points would provide about 3 percent; they would need to increase their G-fees by about 27 basis points to raise the additional 2 percent capital. The post White Paper Authors Warn of the Cost of Reprivatizing …

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Rising Rents Not Motivating Consumers to Buy Homes, Research Shows

By Brian Honea Only six percent of renters who have lived in their home longer than two years experienced a decrease in their rent amount, while 38 percent of renters experienced an increase in their rent amount in the last two years. The post Rising Rents Not Motivating Consumers to Buy Homes, Research Shows appeared first on DSNews. Via:: Rising …

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VRM Mortgage Services Honored by DiversityBusiness For Second Straight Year

By Brian Honea “It’s an honor to be recognized again by DiversityBusiness,” said Keith Murray, president and CEO of VRM Mortgage Services. “We are committed to diversity in our daily business operations and appreciate the recognition we’ve received with this national award.” The post VRM Mortgage Services Honored by DiversityBusiness For Second Straight Year appeared first on DSNews. Via:: VRM …

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