Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago About Author: Christina Hughes Babb Previous: Migration, Low Rates Make Homeownership Attainable Next: The Week Ahead: Webinars on Mortgage-Servicing Rights, Home Appraisals Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Print This Post Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago January 8, 2021 1,340 Views The percentage of mortgage loans in forbearance programs dipped by -3%, or 92,000 actual loans, for the week ending January 5, according to a weekly report from Black Knight. That is the largest weekly drop since early November, Black Knight researchers say, adding that the decline was driven by the large volume of quarterly forbearance plan expirations at the end of December, many of which were reaching the 9-month mark.Despite the decline, Black Knight reported, “this week’s numbers reflect a troubling slowdown in the rate of improvement.””The 3% decline in the first week of January fell starkly short of the 9% we saw at the start of July, during the first quarterly wave of expirations,” the researchers noted. “And it pales in comparison to the 18% reduction in the first week of October when plans began to reach 6-month expirations.”While the monthly rate of decline has varied over the past seven months due to fluctuations in scheduled expiration activity, the report showed the population improved by an average rate of -1% month-over-month over the past 30 days. That’s down from -7.5% monthly on average from June through November.December marked the last significant wave of quarterly expirations before the first plans begin to reach their 12-month points at the end of March.”As such, it’s likely we’ll see only modest improvement in overall forbearance volumes between now and then,” Black Knight reported.Overall, as of January 5, 5.2% of all mortgages (2.74 million) are in forbearance. Together, they represent $547 billion in unpaid principal.All investor classes showed some improvement—FHA/VA forbearances fell 33,000 (-2.8%), a 32,000 decline among GSE-backed loans, a 27,000, or -3.9%, reduction of private-label securities or banks’ portfolio loans.About 3.3% of all GSE-backed loans and 9.3% of all FHA/VA loans are in forbearance plans. An additional 5.2% of loans in private-label securities or banks’ portfolios are also in forbearance.Forbearance plan starts fell again this week, Black Knight reported, “with both new starts and total starts hitting their lowest levels since the early stages of the pandemic, and restarts at their lowest since early October.”The report showed the largest weekly volume of forbearance removals, 146,000, since early November.Still, just 35% of loans in expiring plans were removed from forbearance in the first week of January as compared to more than 60% on average in the first week of each of the previous three months.”This decline in removals appears to be the largest contributing factor to the slowing rate of improvement in active forbearance plans,” Black Knight reported. 2021-01-08 Christina Hughes Babb Home / Daily Dose / Report Reflects a ‘Troubling Slowdown’ for Forbearance Improvement in Daily Dose, Featured, Market Studies, News Related Articles Report Reflects a ‘Troubling Slowdown’ for Forbearance Improvement Demand Propels Home Prices Upward 2 days ago Subscribe
Tags: Baseball/BYU/Gonzaga/LSU/Softball/Utah College Sports FacebookTwitterLinkedInEmailBaseballBYU 6 Gonzaga 4SoftballLSU 2 BYU1 F/12 March 22, 2018 /Sports News – Local Utah College Sports Schedule: 3/22 Brad James Written by
The women’s lacrosse team improved to 9-0 on the season after routing Oregon 17-4 at McAlister Field on Sunday.The Ducks threatened the Women of Troy early on, jumping out to an early 2-1 lead. Oregon’s attack looked menacing, as freshman attacker Shannon Williams opened the scoring just over two minutes into the game. Williams and her fellow attackers showed promising signs in the first few minutes, starting off with a strong pace.However, USC’s offense started clicking, as the Women of Troy turned a 2-1 deficit into a 7-2 lead over the course of just 20 minutes. USC head coach Lindsey Munday attributed the turnaround to discipline by her group, particularly at the defensive end.“Oregon had some long possessions early on in the game, and we didn’t change anything that we’ve been doing for the entire season,” Munday said.Munday praised her team for being patient and warding off the early danger with composure. The team stayed patient and then attacked. While Munday felt the chemistry between all seven attackers was a strong factor, she also noted how crucial sophomore goalie Gussie Johns’ performance was.Johns stood tall between the pipes and made some fine saves.“Just the improvement that we’ve seen in Gussie has been phenomenal,” Munday said.She explained that the sophomore has not only been stopping shots but also leading the defense.“[Johns is] just a tremendous leader,” Munday said. “She’s a really hard worker, and she’s never satisfied with where she’s at — she wants to continue to get better.”Johns made seven saves on the afternoon and continued to frustrate the visitors. But despite the lopsided score line, Oregon challenged Johns and the USC defense.“I think Oregon came in really prepared for this game,” Johns said. “They did a great job of making a game plan against us.”But USC’s dominant win can be attributed to something simple in theory but potentially tricky in reality: The group stuck to the game plan.“We try to just think about ourselves every single time,” Johns said.She added that this defensive unit sticks to its keys on and works well as a unit.With stifling defense, USC limited Oregon to meager offensive output. This has been a storyline all season for the Women of Troy, who have allowed just 13 goals in the last four games.While junior attacker Michaela Michael and senior attacker Caroline deLyra combined for 12 goals in the rout over Oregon, there is more to this team than a versatile offense. Likewise, this team is more than a defensive machine.In addition to success on the field, the team tries to enjoy the time they spend together off the field.“We make everything fun before games, not to take things too seriously,” deLyra said.DeLyra is visibly locked in when she is playing, but she feels the team’s jovial mood is a real asset on game day. Whether they are dancing during warm-ups or breaking down opposing defenses, the Women of Troy clearly have excellent camaraderie and it shows when they dominate teams on a regular basis.The team visits Fresno State on Thursday at 5 p.m.