Tag Archives: mortgage

TransUnion: Mortgage Delinquencies Plummeted in Second Quarter

The national mortgage delinquency rate (the rate of borrowers 60 or more days past due) decreased for the sixth consecutive quarter, dropping to 5.82 percent at the end of the second quarter in 2011 according to a quarterly analysis of…

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REALTORS® to Regulators: Narrow QRM Definition Not Necessary to Assure Safe, Sound Mortgage Lending

RISMEDIA, August 3, 2011—A proposed rule by federal regulators to impose a minimum 20 percent down payment, stringent debt-to-income ratio requirements and rigid credit standards will deny millions of Americans access to safe, low-cost mortgages, according to the National Association…

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Mortgage Servicing Litigation Sees Rapid Jump

Mortgage servicing litigation has skyrocketed 88% in the 2011 first quarter. These figures were released last week in a report by MortgageDaily.com and law firm Patton Boggs LLP. Reasons given include all the robo-signing scandal uncovered last fall

Related posts:

  1. Pressure Mounting for Creation of National Mortgage Servicing Rules
  2. Mortgage Delinquencies Improve for 5th Straight Quarter
  3. Why Do We Care What Mortgage Servicers Want in Settlement Talks?

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Mortgage Insurance Cancellation: The Myths and Realities

RISMedia, June 3, 2011—When it comes to private mortgage insurance (MI), there are several myths that exist that make buyers reluctant to consider a conventional loan with MI as an option when purchasing a home. One of the more common…

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Revitalizing the Private Mortgage Market: ‘Skin in the Game’ and the Consequences for Future Homebuyers

RISMEDIA, May 25, 2011—By mid-May, the spring home-selling season is usually in full swing. Homes look their best, and buyers rush to lock in deals so they can relocate in the summer. But this year, things are not so good.…

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