Federal Housing Administration mortgagees are struggling to keep up with their payments as natural disasters and inflationary pressures encumber American homeowners. FHA mortgages accounted for 90% of the 131,000 annual uptick in delinquencies in February, ICE reported, despite making up less than 15% of all active mortgages. While the LA wildfires – which have forced…
The housing market may be impossible for the average American now, but hold on a while longer: it’s heading in the right direction. That’s ICE’s message, at least, with its latest Mortgage Monitor report, which revealed a mix of good and not-so-good data about the state of homebuying. Affordability is improving, for one, as rates…
Mortgage tech veteran Tony Fox has been named Chief of Client Engagement at Dark Matter Technologies, company leaders announced in a press release. In his new role, Fox will direct Dark Matter’s account management and client success teams. He will report to Chief Revenue Officer Sean Dugan. “I am thrilled to join Dark Matter and…
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