“With prepayments and delinquencies low, mortgage servicing has been the difference for many companies between profitable or not,” said Marina Walsh...
It's a tough origination market, that's for sure. But when times are tough, opportunities can present themselves. Is now a time to buy retail branches from shops that are struggling? If the price is right, yes.
The homeownership rate among young Black adults who completed college is lower than that among young white adults who didn’t finish high school, according to a new report from the Urban Institute.
Single borrowers were more likely to use forbearance programs during the pandemic than coborrowers and were disproportionately helped by them, the Urban Institute found.