Black Knight: Equity Won’t Save Homeowners From Foreclosure
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Black Knight: Equity Won’t Save Homeowners From Foreclosure

ByTMN Editor Reading Time: 2 minutes

Huge equity increases for homeowners might not be enough to prevent foreclosures, according to Black Knight’s latest Mortgage Monitor Report. “An analysis of our McDash loan-level mortgage performance dataset back to 2007 shows that holding equity in one’s home might not be a blanket backstop to foreclosure activity,” said Black Knight Data & Analytics President…

Freddie’s Forecast: “Highly Uncertain”

Freddie’s Forecast: “Highly Uncertain”

ByTMN Editor Reading Time: 1 minute

Low mortgage rates. Slower home sales. Slower price growth. That’s what Freddie Mac’s quarterly forecast released Tuesday is calling for, as markets have been hit by the COVID-19 pandemic – with home sales and price growth declining in the last few months. “While the housing market undoubtedly has felt the effects of COVID-19, we are…

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