Author: Michael Gersitz

The mortgage industry is no stranger to disruption since the onset of the COVID-19 pandemic. Lenders have seen it all this year: high volumes, volatility, market uncertainty… the list goes on and on. Amid evolving market conditions, today’s mortgage lenders

Despite home prices rising 6.7% year over year in September, CoreLogic’s Home Price Index Forecast (HPI) estimates home prices will moderate next year, increasing 0.2% nationally by September 2021 as higher prices erode affordability. Home purchase demand managed to maintain

Online real estate marketing platform Hubzu has launched a new mobile app, available for residential real estate buyers. The app offers potential buyers tools to find, research and bid on homes via a competitive auction format.  Hubzu is an end-to-end

The National Flood Insurance Program’s authority to issue policies was recently extended for a full year, until September 30, 2021. This is the 16th short-term extension of the NFIP since Congress reauthorized the program in 2012 and extended it in

As a premier provider of innovative, high-performance software, data and analytics for mortgage and home equity lending and servicing, Black Knight is transforming the housing finance industry. With highly advanced software solutions for originations, servicing and secondary marketing, Black Knight

Millions of people are locking in their dream to own a home. So, what’s stopping you from the exciting homeownership journey? Despite the fact that low housing inventory is making it a competitive market, people are still buying and listing

The U.S. forbearance rate measuring the share of mortgages with suspended payments fell seven basis points to 5.83% last week, according to the Mortgage Bankers Association. “With more borrowers exiting forbearance in the prior week, the share of loans in forbearance declined across

Despite what many believe, Gen Z and Millennials do want to become homeowners and they’re excited by the prospect. However, they face different obstacles than their parents and grandparents did. These challenges include lack of mortgage education, lack of suitable

Cannae Holdings and Senator Investment Group announced they are dropping their takeover bid after CoreLogic confirmed last week it is exploring multiple offers to sell at or above $80 per share. However, the increased offers did not deter the investors

The COVID-19 pandemic redefined “home” for many Americans and underscored the bedrock necessity of affordable housing for seniors, families and essential workers. As the pandemic shifts from crisis to chronic, investors, community leaders and housing advocates say they intend to

New rate lock data suggests 2020 will end with over $4 trillion in mortgage origination volume, easily a record. The data, from Black Knight’s “Mortgage Monitor” report, shows that rate lock activity in the first half of October was up

With Halloween in the rearview mirror, we still have one more spook to survive in 2020 – and no, I’m not talking about the upcoming election.  I’m talking about housing market crash headlines. The housing data has been wild this

Mattamy Homes, one of North America’s largest homebuilders, has reached an agreement to acquire the homebuilding operations of Dallas-based New Synergy Homes. The acquisition is expected to close on Monday. No financial terms have been disclosed. With this transaction, Mattamy