Bankruptcy and Defaults

1+ hour, 57+ min ago   (900+ words) Homes are seen for sale within the Amherst subdivision in Cordova, Tenn., on September 17, 2026. Homebuyers face higher borrowing costs after the 30-year fixed rate for mortgages rose last week to its highest level in nearly two years. Don’t just blame…...

4+ hour, 38+ min ago   (431+ words) Lower rates ranked fourth when movers were asked what would most encourage them to move, behind certainty that a sale will actually complete. Asked what would most encourage them to move, or to move sooner, 28% of respondents in LRG’s autumn…...

6+ hour, 42+ min ago   (730+ words) Following the Federal Reserve’s recent increase in benchmark interest rates, mortgage rates could begin to rise at Puerto Rico banks as early as this week. Ricardo Negrón, executive director of the Mortgage Bankers Association (MBA) of Puerto Rico, confirmed that…...

5+ day, 2+ hour ago   (607+ words) Fannie Mae and Freddie Mac ended limited condo project reviews on Aug. 3 and raised reserve requirements. Lenders and trade groups say the changes are increasing costs, narrowing lender participation and slowing condo closings. AI Summary Condominiums have long been one…...

1+ day, 54+ min ago   (531+ words) The past month has been really rough for mortgage rates, but we could be near a top. The 30-year fixed has risen from around 6.875% in early August to 7.25% today. However, the move higher could be running out of steam given…...

21+ hour, 23+ min ago   (236+ words) It was a fairly uneventful day for mortgage rates to start the new week. The underlying bond market was slightly stronger. This suggests slightly lower interest rates. The average mortgage lender lowered top-tier 30yr fixed rates by 0.01% compared to Friday. Underlying…...

22+ hour, 52+ min ago   (950+ words) If you’ve ever taken out a loan or used a credit card to cover a car repair, you’ve created debt. Debt is money you borrow and agree to pay back, usually...

21+ hour, 39+ min ago   (175+ words) FRANKFORT — Kentuckians who took out loans from the Credit Acceptance Corporation could receive a collective $10 million in debt relief and restitutions, according to Kentucky Attorney General Russell Coleman. Coleman's office announced on Sept. 21 that $694 million nationwide settlement with the corporation,…...

23+ hour, 17+ min ago   (619+ words) The Mortgage Bankers Association (MBA) has raised its forecast for mortgage rates through the first half of 2027 as elevated inflation and government bond yields maintain pressure on long-term borrowing costs. Mortgage rates for 30-year fixed-rate loans that meet the underwriting…...

1+ day, 4+ hour ago   (726+ words) What brokers should ask before placing the next loan The years-long condo market correction in Toronto has seen appraisal challenges hit the headlines, with countless preconstruction buyers suddenly scrambling to make up the difference between the price they originally agreed…...