Tag: Mortgage News

The CEO of a Tech-Enabled Loan Servicer Believes We Might Be on the Cusp of Another Foreclosure Crisis

The co-founder and CEO of a so-called “tech-enabled residential mortgage servicer” named Valon (formerly Peach Street) has warned we could be on the brink of another foreclosure crisis. While real estate is flying high at the moment, it’s appears that two very different stories are unfolding at the same exact time. On the one hand, [&hellip

The post The CEO of a Tech-Enabled Loan Servicer Believes We Might Be on the Cusp of Another Foreclosure Crisis first appeared on The Truth About Mortgage.

Source: thetruthaboutmortgage.com

2021 Mortgage Rate Predictions: Mostly Flat But More Record Lows Possible

Yet another year is about to come to an end, and that means it’s time to look ahead to what next year has in store. I think just about everyone wants to see the back of 2020, though it wasn’t all bad news. The housing market actually held up surprisingly well, and mortgage lenders enjoyed [&hellip

The post 2021 Mortgage Rate Predictions: Mostly Flat But More Record Lows Possible first appeared on The Truth About Mortgage.

Source: thetruthaboutmortgage.com

National Association of Realtors Says Home Prices Are Rising Too Fast

It’s good to be a homeowner these days. After all, home prices are rising at an incredible pace, and have been for nearly a decade now since bottoming out. On top of that, many of today’s homeowners hold fixed-rate mortgages with ultra-low mortgage rates, making it very affordable to own rather than rent. Unfortunately, the [&hellip

The post National Association of Realtors Says Home Prices Are Rising Too Fast first appeared on The Truth About Mortgage.

Source: thetruthaboutmortgage.com