Industry News

There is little doubt that the COVID-19 pandemic will give rise to more foreclosures, but industry professionals predict conditions won’t be nearly as bad as they were in 2008-2010, for a few reasons. A prominent housing analyst told Bankrate.com to expect hundreds of thousands of defaults next year as mortgage forbearance periods end.

According to a recent survey conducted by researchers at unclutterer.com (a home and office organization website), many Americans are looking to relocate post-pandemic. The most popular reasons given for this wished-for migration include the fact that many Americans report being either bored with their current locations (following weeks upon weeks of lockdown) or simply wanting […]

The total number of loans now in forbearance reached 7.16% of servicers’ portfolio volume for the week ending August 30, down slightly from the 7.20% level recorded one week earlier, according to the latest Mortgage Bankers Association (MBA) Forbearance and Call Volume Survey. The new survey determined that 3.6 million homeowners are now in forbearance […]

Join us this September for the first-ever virtual Five Star Conference and Expo; where the mortgage market meets. We understand that as the industry continues to evolve, your needs and expectations do too. Thanks to the many distinguished mortgage professionals and organizations that support Five Star, this meeting continues to serve as the premier venue […]