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Mortgage - Banking Exchange
Loan Relief Could Just Delay Pain, Says Rating Agency
KBRA warns that stable delinquency rates could rise in the months ahead as banks have focused on short-term relief
Nearly 5m Now in Forbearance Due to Pandemic, Says Survey
Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
How Financial Institutions Can Make Their Commercial Real Estate Portfolios Crisis-Proof
Banks and credit unions need to be able to identify which of the loans in their portfolios are at risk of default, so that they can proactively address that risk
Banks Grant Millions of Payment Deferrals During Pandemic
New York-based Signature Bank says roughly 14% of its loan book is seeking to defer payments as the pandemic challenges cashflow
Loan Applications Spike After Fed Rate Cut
More central bank action expected after Bank of England also cuts interest rate to offset COVID-19 effect on economy
MVB Bank to Acquire Stake in ICMC to Create Lending Group
Following a bumper year for mortgage lending in 2019, MVB will buy a stake from the Van Metre Company to create Intercoastal Mortgage
Banks Cut Lending Rates After Fed Action on COVID-19
US banking groups have reduced their prime and reference lending rates following yesterday’s Federal Reserve rate cut
Problematic Mortgages on the Decline as Refinancing Rises
Errors and attempted fraud connected to mortgage applications fell by 3% in January and is down by more than a quarter year-on-year
Real Estate Confidence Climbs for Third Consecutive Month
A shortage in housing supply is continuing to bolster competition among homebuyers across the country
Third Quarter Brings Mixed Bag for Loan Delinquencies, ABA Data Shows
Credit card late payments fell but auto, home and personal loans all saw delinquencies rise in Q3
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