The American homebuyer’s “typical mortgage payment” is up 12 percent over last year, and the trend is expected to continue in the year ahead, according to a new report from CoreLogic.
It’s been a few months since hurricanes Irma and Harvey pounded coastal areas of the U.S. mainland, but the storms are continuing to wreak havoc on many affected homeowners. The latest data from Black Knight, in Jacksonville, finds that 90-day delinquencies have jumped due to the hurricanes’ impact.
CFPB Senior Advisor John Czwartacki said: “The bureau’s statutory mandate includes the supervision and enforcement of fair lending laws and regulations … the bureau will continue to perform those functions.”
A robust market in mortgage servicing rights reinforced ongoing trends shaping the home-loan servicing business in 2017, a new Inside Mortgage Finance ranking and analysis reveals.