The longer the shadow grows, the greater the tidal wave of foreclosures to come.
Rising 90+ day mortgage delinquencies are the foreclosure shadow inventory
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Mortgage Loan Brokering & Lending
Learn the core concepts of consumer and business mortgage lending and brokering.
Stay current on the latest news, videos, forms, and updates for California Mortgage Lending.
Recent updates to the course e-book
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Newly published related content
Additional refinancing fees delayed
The Adverse Market Refinance Fee has been delayed until December 2020, and interest rates sigh in relief.
Low interest rates have inflated prices, but the boost is coming to an end; Monthly Statistical Update (September 2020)
Sales volume’s magnetic pull on home prices; The mean price trendline: the home price anchor; The higher risk and lower purchasing power of a small down payment
Foreclosure moratorium extended by FHA, Fannie Mae, Freddie Mac
HUD and the FHFA have announced an extension of the foreclosure moratorium for single family homes through the end of 2020.
Sales volume: a powerful magnet for home prices
Home sales volume movement impacts tomorrow’s home prices.
Buyer purchasing power props up home prices, for now; Monthly Statistical Update (August 2020)
Buyer Purchasing Power Index (BPPI) rises with falling interest rates; Home sales volume succumbs to economic pressure; Home prices continue to defy gravity
Declining jobs mark a hold-cash phase in 2020; Monthly Statistical Update (July 2020)
Jobs lost puts a face on the 2020 recession; Stock market highs and lows as mostly momentum, not data based; Real estate investments are tangible and location counts — just not in 2020
Today’s low interest rates aren’t enough to boost inventory, home sales volume; Monthly Statistical Update (June 2020)
30-year fixed rate mortgage (FRM) rates hit historic low; For-sale inventory drops; Home sales volume set to fall
ARM rates remain low, but not low enough
The average ARM rate has fallen back in 2020.