Black Knight: Hurricane Harvey Could Result in 300,000 New Mortgage…

Black Knight: Hurricane Harvey Could Result in 300,000 New Mortgage Delinquencies, with 160,000 Borrowers Becoming Seriously Past Due Harvey-related disaster areas contain over twice as many mortgaged properties as those connected to Hurricane Katrina in 2005, carrying nearly four times the unpaid principal balance Post-Katrina mortgage delinquencies in Louisiana and Mississippi FEMA-designated disaster areas soared […]

Will trended credit data result in more mortgage approvals?

Late last year, Fannie Mae incorporated trended data into its Desktop Underwriter automated underwriting platform to provide much more information about borrower behavior in their decision-making. Some studies suggest trended data — which exposes much more granular data about a borrower's payment history on a monthly basis than traditional credit scores — will benefit marginal […]