Mortgage rates spiked sharply on Monday, hitting the highest levels in more than a month as escalation fears ramped up surrounding the Iran war. Yesterday technically saw some recovery, but it may as well have been an “unchanged” day. Now today, we’re seeing a more legitimate recovery with the average lender back down to last […]

Real estate investor sentiment fell to its lowest level in at least three years in the first quarter, in large part due to the Iran war, a new report found. Processing Content The RCN Capital/CJ Patrick Investor Sentiment Index dropped 14 basis points to 87 last quarter, the lowest score recorded in the 11-quarter history

Last year’s update in the Federal Housing Administration’s “waterfall” of actions servicers must take when borrowers go delinquent is creating a surge in trial modifications that presents a particular concern for less sizable players. Processing Content Under the previous pandemic rules, distressed FHA-insured borrowers could repeatedly request assistance with partial claims that reduce payment size