Tag Archives: Year

BAILOUT: FHA APPROVES 40 YEAR MORTGAGE (Housing Market Update)

FHA approves restructure of existing home loans in default, extending mortgage terms to 40 years, allowing mortgagees to further reduce monthly payments. This and more in our housing market update. #housingmarketcrash #realestatenews #mortgagenews Todd Sachs is a Maryland Real Estate Broker and not a Lender, CPA, Attorney, or Financial Advisor. Any .rmation provided in this […]

Foreclosures filings rose 115% in the past year

Default notices, scheduled auctions and bank repossessions collectively rose in the past year meeting servicer expectations to a degree, but they’re still historically low, according to Attom. Collectively, these foreclosure filings totaled 324,237 in 2022, up 115% from a year earlier but still 34% below the level seen in 2019, a report from the data […]

The most-read mortgage news stories of the year

National Mortgage News readers were all too aware of the ominous signs for home financing as the Federal Reserve’s inflation-busting measures put the refi boom to an end. As lenders and servicers, tech providers and others in the ecosystem changed tack, we tracked their every move — and so did you.  Here are the most-read […]

CBRE assesses the year, looks to the future

Next year will see a more brisk return to the office – just not in the traditional way, said Richard Barkham, global chief economist, head of global research & head of Americas research, for CBRE. “We expect hybrid working or the combination of in office and remote working to dominate. And maybe that’s what we’re […]

Year to end with high growth in remortgage lending

This marks 29.5% growth on the previous year and is 6% higher than was lent out in 2019. Conversely, the firm says that lending for home purchases will fall by 9.1% on the year, to £193.9bn. “Previously, it was new homebuyers driving market performance, with those already on the ladder having very little reason to […]

Step by Step Guide on how to Get FINANCE Internships in 1st year! (Free List Included)

If you search for how to get finance internship in the 1st year of your college, watch this video w. I explain to you how I got finance internships in some of the best companies like HDFC, CRISIL, Jindal etc. and how you can get it too. Get the free list of internships .- Hello […]

You will refinance again next year when the gov’t pivots

Freddie Mac to include bank account data as part of underwriting By DDA Mortgage • 19 Oct, 2022 • Freddie Mac today announced it will include a review of borrowers’ bank account data to identify a history of positive monthly cash-flow activity as part of its loan purchase eligibility assessments, according to a release shared […]

FHFA to review mods, resolution plans and pricing in fiscal year 2023

The Federal Housing Finance Agency’s performance report for the coming fiscal year calls for it to render decisions related to the completeness of the government-sponsored enterprises’ resolution plans by mid-summer, among other things. Another notable aspect of the report, which follows through on some aspects of the four-year strategic plan issued earlier this year, indicates […]

The average Aussie receives over 250 scam attempts a year – CBA

Three in five Australians have been a victim of a scam, or know someone who has, with men more likely to have experienced a scam and suffered a loss (41% to 30%), according to new research by the Commonwealth Bank of Australia. The CBA study, which looked at Australians’ attitudes towards scams and how scams […]