by Brad
September 29, 2020 The near-future will be bringing a wave of foreclosures, according to a Federal Reserve economist, but this will not be at the severe levels experienced in the aftermath of the 2008 economic meltdown. In a presentation titled “Housing Insecurity in...
by Brad
9-22-20 According to a recent Redfin report, homebuyers’ priorities are shifting due to the Coronavirus pandemic. Specifically, more homebuyers are looking to move away from the cramped and more expensive big cities to the far more affordable suburbs. The Redfin...
by Brad
KEY POINTS: The number of mortgages in active forbearance programs, where borrowers delay their monthly payments for at least three months, declined by 26,000 last week or 0.7%, according to Black Knight, a mortgage technology and data firm. As of Sept. 15, just under...
by Brad
Fannie Mae’s latest Economic & Housing Outlook reported that the GSE’s economics team expects Q3 real gross domestic product (GDP) to grow at an annualized pace of 30.4%. This represents an increase from Fannie’s August forecast of 27.2%. For the...
by Brad
Colorado Hard Money | September 10, 2020 Do you know where the next defaults will occur in Colorado? What cities and zip codes are most at risk during this recession? In every recession, there are two predictors of default/loss collateral and equity. What does the...