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Borrowers continue to be resilient as mortgage delinquencies recede 

Housing Wire

In February, serious delinquencies (loans 90 or more days past due) were down month over month, with 11,000 fewer loans in that category and a total of 459,000 loans affected. Meanwhile, early-stage delinquencies (30 to 60 days past due) decreased month over month and year over year. On the other hand, foreclosure starts marked a 27.7%

Mortgages 435
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Mortgage delinquencies near all-time low in July: CoreLogic

Housing Wire

mortgage delinquencies remained near a record low in July, with the share of homes entering that status or progressing to later stages either unchanged or lower,” said Molly Boesel, principal economist for CoreLogic , in a news release. On home equity , Boesel noted that home-price growth should pick up over the next year.

Mortgages 418
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Mortgage delinquency decline reflects ‘continued resiliency’ of borrowers

Housing Wire

.” In January, serious delinquencies (loans 90 or more days past due) were down month over month, subtracting 5,000 borrowers in that category and affecting 470,000 loans in total. Meanwhile, early-stage delinquencies (30 to 60 days past due) decreased month over month but increased year over year.

Mortgages 364
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Streamlining Property Marketing with AI-Powered Virtual Staging

GeekEstate

Today’s showcase: Virtual Staging AI] Developed at Harvard Innovation Labs, Virtual Staging AI is a virtual staging algorithm powered by artificial intelligence. Users can upload images depicting living rooms, bedrooms, kitchens, dining rooms, home offices, and bathrooms. staged picture.

Staging 110
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Private-label market pushes back the pandemic blues

Housing Wire

Prepayments in the prime category reached the mid-40% to 60% range between October 2020 and July of 2021. Early-stage delinquency rates (loans 30-59 days past due) receded from a high of 5.4% Mid-stage delinquency rates (loans 60-89 days past due) likewise have dropped — from a high of 4.3% in mid-2020 to 0.9% as of last month.

Marketing 362
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How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

Jeremy Foster, founder and chairman of Calque Buying a home today can be stressful and fraught with complicated issues, such as contingencies requiring the buyer to sell their current home before qualifying for the home they want to buy. Jeremy Foster: The traditional home purchase process for homeowners is broken.

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What’s behind the sharp decline in mortgage delinquencies?

Housing Wire

Although delinquency rates decreased across categories in the second quarter, as shown in Exhibit 2, the biggest decline was for loans that were 90+ days past due. The forbearance data are tracked by investor category (Fannie/Freddie, Ginnie, Portfolio/PLS) and servicer category (IMB, depository). This represents about 1.5

Mortgages 485