Foreclosure filings surged by more than 20% through the first half of 2026, with numbers reflecting a return to historical patterns rather than heightened risk, according to a new report from Attom. Processing Content Filings in the form of default notices, scheduled auctions or bank repossessions appeared on the records of 227,548 residential units between […]
Spiking local foreclosures signal new credit risks Read More »
Key insight: As written, new capital standards for U.S. banks fail to account for the additional risk posed by many home loan clients who obtain second mortgages. Fixing the problem will significantly reduce the rule’s benefit to banks. What’s at stake: The new capital standards create incentives to move second liens off bank balance sheets
Banking regulators missed a major loophole in proposed capital rules Read More »
Mortgage rates moved lower again today following another lower-than-expected reading on an inflation report. Yesterday’s Consumer Price Index (CPI) had a bigger impact on the underlying bond market, but today’s Producer Price Index (PPI) wasn’t far behind. Additionally, bonds did a better job of holding onto the improvement into the afternoon hours. This allowed mortgage
Mortgage Rates Fall to Lowest Levels in a Week Read More »