An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How Freddie Mac is addressing affordable housing challenges

Freddie Mac is focused on addressing limited access to credit, housing inequalities, creation and preservation of affordable housing supply and advancement of homeownership education.

A NAR board member tells (almost) all

For this week’s Houses in Motion, a miniseries that is part of HousingWire Daily, we spoke with Lisa Dunn about the pressing issues in real estate, including disclosure of agent commission.

Mortgage

Black Knight: Foreclosure inventory falls to 8-year low

Drops 24% in one year to 711,000

The national foreclosure rate is down 24%, the lowest since 2007, according to the Data & Analytics division of Black Knight Financial Services.

The company’s “first look” at July 2015 month-end mortgage performance statistics is derived from its loan-level database representing approximately two-thirds of the overall market. ?

Click to enlarge

(Source: Black Knight)

According to Black Knight, the inventory of loans in foreclosure continues decline; now at just 711,000 loans.

The delinquency rate improved by 2.2% from June, and is now near post-crisis low.

California saw a 16.4% 6-month reduction in non-current loans and joins Top 5 states in terms of ?improvement.

At just 2.96%, Colorado’s non-current inventory is at the lowest level in over 10 years and the second lowest ?in nation.

Click to enlarge

(Source: Black Knight)

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3d rendering of a row of luxury townhouses along a street

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