January 9, 2012 (Shirley Allen) Mortgage delinquencies jumped back up in November after three months of declines but were still nearly 25 percent below the January 2010 peak according to the November Mortgage Monitor Report released by Lender Processing Services (LPS). […]
January 9, 2012 (Jeff Alan) Unemployed borrowers who have their mortgages owned or guaranteed by Freddie Mac may be eligible for up to 12 months of forbearance starting February 1, 2012. The new guidelines double the existing policy’s eligibility period. […]
January 9, 2012 (Shirley Allen) Monthly sales of existing homes and condominiums in Massachusetts improved in November with annual home sales increasing for the fifth straight month while home prices showed encouraging signs of stability according to the latest data from the Massachusetts Association of Realtors®. […]
January 9, 2012 (Jeff Alan) Wells Fargo is holding another Home Preservation Workshop in Seattle, Washington, on January 12th, 2012. The event is being held at the CenturyLink Field Events Center and will be open from 9:00 a.m. until 7:00 p.m. […]
January 5, 2012 (Shirley Allen) Mortgage interest rates started the New Year the same way it ended the old year, at or near record lows, according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending January 5th. […]
January 5, 2012 (Chris Moore) For the second consecutive month, nearly one out of three Realtors® reported losing a sale due to a contract failure, almost four times higher than the amount a year ago according to the National Association of Realtors® (NAR). […]
January 5, 2012 (Jeff Alan) Monthly default rates on first mortgages rose for the third consecutive month in November helping to push the S&P/Experian Consumer Credit Default Indices up to 2.22 percent from 2.15 percent in October. […]
January 5, 2012 (Chris Moore) Sales of new single-family homes continued to gain momentum for the third consecutive month in November and were almost ten percent higher than a year ago according to the latest housing data released by the Census Bureau. […]
January 4, 2012 (Chris Moore) Mortgage applications continued to decline during the Christmas holiday as purchase applications tumbled while the refinance share of applications was at its highest level in 2011 according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 30, 2011. […]
