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.
Despite declining volume and the rollercoaster of hedge accounting, most banks turned in positive results on their mortgage-banking activities in 2017, according to a new Inside Mortgage Trends analysis of fourth-quarter earnings reports from publicly-held companies.
Retail mortgage-origination platforms tend to generate lower-risk mortgages than other channels, according to a new Inside Mortgage Trends analysis of home loans delivered into Fannie Mae, Freddie Mac and Ginnie Mae mortgage-backed securities.