June 9, 2020

Attorney for ex-Minneapolis officer involved in George Floyd’s death says client is ‘not a violent person’

The attorney for Thomas Lane, one of the four officers involved in George Floyd’s death, said his client did everything he thought was right on the […]
June 9, 2020

Why Granite Point Mortgage, Park Hotels & Resorts, and Macerich All Rose (Again) Today – News

Shares of mall-focused real estate investment trust (REIT) Macerich (NYSE:MAC) jumped as much as 13% in early trading on June 8. Hotel landlord Park Hotels & Resorts (NYSE:PK) rose 13% or so, […]
June 9, 2020

Release: Mortgage Credit Availability Decreased in May

Mortgage credit availability decreased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from […]
June 9, 2020

BUSINESSREAL ESTATE Early signs more homeowners are missing mortgage payments

Early signs are emerging that the pandemic and recession are affecting the home mortgage market. The share of U.S. homeowners who fell behind on their mortgage […]
June 9, 2020

Canadian banks’ mortgage deferrals

Canada’s top six banks have deferred mortgage repayments at nearly double the rate of their U.S. counterparts, setting themselves up for a tough slog to return […]
June 9, 2020

Share of Mortgage Loans in Forbearance Increases to 8.53% – News

Note: To put these numbers in perspective, the MBA notes “For the week of March 2, only 0.25% of all loans were in forbearance.” From the […]
June 9, 2020

Don’t Overlook Reverse Mortgage in Time of Crisis

While recent legislation aimed to assist Americans in the midst of economic turmoil caused by the COVID-19 coronavirus pandemic has been beneficial, mortgage forbearance options made […]
June 9, 2020

Mortgage Rates Starting Strong This Week

After moving higher at a fairly quick pace last by last Friday, mortgage rates are off to a better start this week.  Rates remain noticeably higher versus the best recent […]
June 9, 2020

Freddie Mac And Fannie Mae To Leave Government Scrutiny

The recent renewal of the efforts to release the government-backed mortgage buyers Freddie Mac and Fannie Mae from federal oversight could change the mortgage landscape for […]
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