by The Commercial Record | Sep 20, 2022 | Banking & Lending, CR Daily, Executive Briefing
While the number of homeowners in forbearance continued to decline last month, the forbearance rate for Ginnie Mae loans increased for the first time since 2020, according to the Mortgage Bankers Association.
by The Commercial Record | Oct 6, 2020 | Banking & Lending, CR Daily, Industry News
The share of mortgages in forbearance continued to decline in the last week of September, according to the latest report from the Mortgage Bankers Association.
by The Commercial Record | Sep 11, 2020 | Banking & Lending, CR Daily, Executive Briefing
An estimated 3.5 million homeowners are in now forbearance plans as the total number of loans in forbearance has decreased, according to the Mortgage Bankers Association.
by The Commercial Record | Aug 18, 2020 | Banking & Lending, CR Daily, Industry News, Residential Real Estate
The latest survey from the Mortgage Bankers Association found that the total number of loans in forbearance dropped to 7.21 percent of lenders’ portfolios.
by The Commercial Record | Jul 15, 2020 | Banking & Lending, CR Daily, Industry News
Some banks are moving mortgages in forbearance back onto their balance sheets to avoid having to advance principal and interest payments to investors, according to the Mortgage Bankers Association.
by The Commercial Record | May 12, 2020 | Banking & Lending, CR Daily, Industry News, Residential Real Estate
The latest Mortgage Bankers Association survey shows the rate of mortgage loans going into forbearance slowed still further last week.
by The Commercial Record | Apr 21, 2020 | Banking & Lending, CR Daily, Industry News
Nearly 6 percent of all mortgages in America are now in forbearance, according to new data from the Mortgage Bankers Association.
by The Commercial Record | Apr 6, 2020 | Banking & Lending, Coronavirus, CR Daily, Industry News
Facing an unknown but undoubtedly large number of homeowners and commercial mortgage borrowers needing forbearance thanks to the coronavirus-caused economic crisis, a coalition of the mortgage and housing industry’s biggest trade groups is asking the federal government for help.
by Kenneth R. Harney | Feb 15, 2018 | Banking & Lending, Industry News, Residential Real Estate
Could predatory lending practices affecting veterans also be inflating interest rates paid by thousands of unsuspecting homebuyers using FHA loans?
by Kenneth R. Harney | Sep 28, 2017 | Executive Briefing, Industry News, Opinion, Residential Real Estate
Federal officials plan to crack down on what they view as predatory lending schemes – reminiscent of the toxic practices seen during the housing boom – targeted at thousands of veterans nationwide who have VA home loans.