Friday , 18 September 2020

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Housing Sentiment Regains Momentum

Last month, there was an uptick of 3.3 points to 77.5 in the Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index (HPSI), according to FannieMae.com. That’s a rebound following a slight drop in July and builds on the rise in May and June. Month over month, there was a spike in five of the six HPSI components, … The post Housing Sentiment …

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Rise in Home Purchase Sentiment

Last month, there was an uptick of 3.3 points to 77.5 in the Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index (HPSI), according to FannieMae.com. That’s a rebound after following a slight drop in July and builds on the rise in May and June. Month over month, there was a spike in five of the six … The post Rise in …

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Loan Performance Has ‘Progressively Weakened’ During Pandemic

Analytics provider CoreLogic today released its monthly Loan Performance Insights Report for June. It showed that, nationwide, 7.1% of mortgages were in some stage of delinquency. This represents a 3.1-percentage point increase in the overall delinquency rate compared with the same period last year when it was 4%. The housing market is facing a paradox, … The post Loan Performance …

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The Most Challenging Part of the Appraisal Process

Previously, we asked our real estate appraisal community, “What’s your favorite part of the appraisal process?” The top three answers we received were “Data collection and property description,” “Data analysis,” and “Application of the approaches to value.” This time, we asked appraisers, “What part of the appraisal process do you find the most challenging?” Interestingly, “Data analysis” came out on …

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New Report Showed Largest Quarterly Origination Volume on Record

Black Knight just released its findings from its latest Mortgage Monitor report. The report covered a smattering of housing industry news, including Q2’s record-breaking origination numbers, what rate lock data suggests is in store for Q3, and how servicer retention rates are holding up amid the surge of refi activity. Beginning with the analysis of … The post New Report …

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The Glass Roof

Editor’s note: This piece originally appeared in the September issue of DS News, out now. When it comes to the subject of single female homebuyers, there is good news and not-so-good news. On the positive side, this demographic continues to outpace its male counterparts in the pursuit of homeownership. However, the number of single women looking … The post The Glass …

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Biggest Challenge for Servicers of COVID-Related Forbearances

Editor’s note: This piece originally appeared in the August 2020 issue of MReport, out now. Courtney Thompson joined Flagstar in 2014, bringing marked litigation, advisory, and consulting experience to her role. Thompson manages the direction, the strategy, and the teams responsible for all aspects of the bank’s delinquent asset servicing program, and is responsible for … The post Biggest Challenge …

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