Pres. Trump has signed into law H.R. 2808, the Homebuyer Privacy Protection Act, one month after the bill cleared the U.S. Senate by unanimous consent. The new law, which takes effect 180 days after enactment, has been welcomed by the mortgage industry for putting an end to the sale of trigger leads — consumer data […]
Pres. Trump signs mortgage trigger leads ban into law Read More »
Some mortgage delinquency data raised concerns, but Cotality’s Q2 report also showed a positive sign: late loans aren’t progressing to more serious stages. The total delinquency rate rose on a quarter-to-quarter basis for the period ended June 30, trending higher after a drop-off for the period ended March 31, the Loan Performance Indictors report said.
Regional real estate pockets are showing stress in 2Q Read More »
Housing finance firms have been adding staff as falling mortgage rates look more likely, with stronger overall job growth raising the chances of modest business gains for the industry. “This is likely to support some additional decline in rates, which will offer opportunities at the margin for people to buy,” said Doug Duncan, former chief
Mortgage firms add staff as rate cuts look likely Read More »