Mortgage delinquencies lower in first quarter of 2017 » Mortgage Masters Group

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The study showed 55% of those who shopped for a mortgage in the first quarter of 2017 were non-homeowners. senior vice president of TransUnion’s rental screening solutions group. “This new uptick.

After a successful second quarter for the year, Fannie Mae will pay taxpayers a dividend of $10.2 billion in September. That payment will bring the aggregate dividends paid to the Treasury since the company was placed in conservatory ship at $105 billion.. Mortgage Rates Stay Steady, Fannie.

HAMP Redefault Rate Less Than 2% After Six Months HAMP Redefault Rate Less Than 2% After Six Months. New data from the Treasury shows that the redefault rate for the Home Affordable Modification Program (HAMP) is far lower than many critics have projected and well below typical industry averages.

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2017 Mortgage Forecast. As 2016 draws to a close, we’re grateful for the strong housing market, which has enabled us to help hundreds of individuals and families invest in real estate, purchase new homes and vacation homes, and reduce their interest rates. As we look ahead to 2017, we anticipate the local housing market will remain strong.

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TORONTO, May 2, 2017 /CNW/ – Genworth MI Canada Inc. (the "Company") (TSX: mic) today reported first quarter 2017 net income of $106 million and earnings per fully diluted common share of $1.15, net operating income of $107 million and operating earnings per fully diluted common share of $1.17 and an operating return on equity of 12%.

Millennials, born between 1981 and 1997, are an important demographic group for today’s mortgage lenders and housing markets. These 70 million people are currently in their prime years to buy a first home or trade up to one with a bigger mortgage. In 2017, the homeownership rate for Millennials was 36%.

The serious mortgage borrower delinquency rate, which is considered 60 days or more past due, dropped about 16% annually to 1.91% by the end of the third quarter of 2017, according to TransUnion.

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In November last year, PHH said it would begin the exit from the private-label business and intended the process to be substantially complete by the first quarter. year mortgage jumped to 3.69%.

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