Mortgage Roundup (12/14/20) – Records, Restraint & Scores

Good morning! Today is Monday, December 14. U.S. health care workers and nursing home residents are expected to receive the first Covid vaccinations today, as the the most ambitious vaccination campaign in the nation’s history begins. Delta Airlines banned 700 people for refusal to wear a mask. The start of the World Surf League’s season is halted by Covid and a shark attack. 

And in mortgage and housing news …

RECORD RECORDS: 2020’s unprecedented homebuying market.  

JUDICIAL RESTRAINT: The case for judicial restraint on Fannie Mae.

HOME PRICES: Home price growth will rise at slower pace in 2021, NAR panel says.

CREDIT SCORES: How to raise your credit score from poor to good by 2022. 

EVOLVE: A new kind of vacation online rental platform is growing the rental market. 

MILLENNIAL STRONG: Millennials make housing market a rare winner in coronavirus downturn.

CFPB REDLINING: Several housing advocacy groups asked a federal judge in Washington, D.C., to declare unlawful a U.S. Consumer Financial Protection Bureau rule that decreased the number of financial institutions required to publicly report mortgage data meant to expose discriminatory lending.

COMMERCIAL RECOVERY: Innovation in multiple commercial real estate sectors can spur growth and aid in recovery next year.

POINT-OF-SALE LOAN: Point-of-sale financing for home purchases has expanded in the U.S. in recent years. There are times when it makes sense, and when it doesn’t.

CASH-STRAPPED: More and more people are resorting to using credit cards to pay rent as federal protections are about to run out.

BIDDING WAR TIPS: Ten tips for winning a real estate bidding war.