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The share of mortgages 90-plus days past due and never in forbearance is high, but many of them had troubles predating the pandemic, the Federal Reserve Bank of Philadelphia’s latest report shows. Sixty-three percent of the 487,976…
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It’s beginning to look a lot like 2007 in the U.S. housing market, and the Federal Reserve Board has taken notice. Home prices, the number of first-time buyers and the share of properties being bought as nonprimary residences are all at or…
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The Department of Housing and Urban Development’s inspector general claims the Federal Housing Administration’s insurance fund was exposed to at least $4.5 billion in loans that didn’t maintain proper flood coverage in 2020, blaming…
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