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Hundreds of thousands of borrowers more than 90 days delinquent and in loss mitigation plans aren’t paying, a new study reveals. Across all investors, 964,464 mortgages remain seriously delinquent and not in forbearance, with 49% in loss…
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One under-publicized mortgage choice for brokers looking to widen their mortgage net is that of the reverse mortgage. As an equity-based mortgage option that will appeal to the large baby-boom demographic, Currie predicted that reverse…
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The racial homeownership gap is as large today as it was during the days of segregation, with the white homeownership rate roughly 30 points higher than it is for Black households. Without intentional, collective action, a recent Urban…
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