Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Subscribe Print This Post The Best Markets For Residential Property Investors 2 days ago default HOUSING Servicing 2019-12-20 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Presidential Candidates Lay Out Housing Plans Next: Fitch Ratings: SALT Deductions Stalling Growth and RMBS Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Government, Market Studies, News Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. December 20, 2019 2,465 Views About Author: Seth Welborn Mortgage credit performance, with a focus on mortgage default rates, was one of the most popular topics among mortgage professionals in 2019, according to CoreLogic’s year-end lookback. According to CoreLogic, the most read blog article for 2019 discussed decreases in serious delinquency rates and the differences in delinquencies for conventional, FHA and VA loans. The January article, “Mortgage Delinquency Rates for All Loan Types Continue to Fall,” identified year-over-year mortgage delinquency rate declines between 2018 and 2017, an ongoing trend that continued into 2019. For example, the most recent CoreLogic Mortgage Monitor Report revealed that the overall delinquency rate was 3.8% nationwide in September, down from 4.4% a year earlier and the lowest for the month of September in more than 20 years.While overall delinquency fell, serious delinquency rates have begun to flatten out at low levels. The serious delinquency rate, defined as 90 days or more past due, including loans in foreclosure, was 1.3% in September 2019, down from 1.5% in September 2018. Likewise, the share of mortgages that were 30 to 59 days past due—considered early-stage delinquencies—was 1.9% in September 2019, down from 2.2% in September 2018. The share of mortgages 60 to 89 days past due was 0.6% in September 2019, down from 0.7% in September 2018.Another popular topic in 2019 was the Qualified Mortgage GSE Patch, along with the nature of non-qualified mortgages. Earlier this year, the CFPB announced that it would be focusing its attention on the Patch, on loans that are eligible to be purchased or guaranteed by either Fannie Mae or Freddie Mac. While proponents of the QM Patch say that its expiry in 2021 would make homes less affordable, especially in the lower-tier housing market, an article in Forbes points out that if the Trump administration wants to improve housing affordability, “it needs to expand the role of private markets through increased competition.”CoreLogic’s complete list of the most popular topics this year can be found here. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Default Servicing’s Most Popular Topics in 2019 Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Default Servicing’s Most Popular Topics in 2019 Tagged with: default HOUSING Servicing Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago
Salt Lake City Police(SALT LAKE CITY) — About two months before Utah college student MacKenzie Lueck went missing, the man now suspected of her murder asked a local contractor to build a soundproof room in his home with hooks drilled into concrete walls and a secret entrance with a thumb lock, the contractor claims.“Honestly? I don’t know what he wanted it for,” contractor Brian Wolf told ABC News’ Salt Lake City affiliate KTVX of suspect Ayoola Ajayi, 31.“But my gut was not normal. I mean, who needs a room with a thumb locks and hooks? In my opinion it was for something bad.”Wolf said he turned down the job and “got the hell out of there,” but remains haunted by the encounter.“It’s mind-blowing,” he told KTVX. “It’s like something out of a movie.”Attempts by ABC News to reach Wolf directly were not immediately successful.Wolf told local Fox affiliate WXIN that when he asked Ajayi why he wanted a secret room about the size of a walk-in closet built, Ajayi told him that his Mormon girlfriend would be visiting and she didn’t know he drinks alcohol and he wanted to hide the booze in the secret room. The contractor said that Ajayi told him he would pay whatever the cost to have the room built.He said he reported what he knew to police as soon as he saw the home on television news broadcasts.Ajayi, 31, was taken into custody at the home on Friday and charged with aggravated murder, aggravated kidnapping, obstruction of justice and desecration of a body, Salt Lake City Police Chief Mike Brown said at a news conference.Charred tissue has been recovered that contains DNA consistent with samples found on Lueck’s belongings, Brown said.Lueck, 23, was last seen in the early hours of June 17. She landed at the Salt Lake City International Airport around 2 a.m., then at 2:40 a.m. she took a Lyft from the airport to Hatch Park in north Salt Lake City, police said.Ajayi admitted to police that he and Lueck texted about 6 a.m. on June 16, but said that they did not text after that time, said Brown. He told police “he did not know what Mackenzie looked like and denied having seen a photo or online profile of Mackenzie, despite having several photos of her and a profile photo,” Brown said.His home was searched on Wednesday night when he was considered a person of interest, police said.During that search, Ajayi’s neighbors told police they saw him using gasoline to burn something in his backyard on June 17 and 18, police said.It was not immediately clear whether Ajayi has retained a defense attorney.Meanwhile, a house cleaner who recently cleaned Ajayi’s home in Ogden said she was spooked by what she described as an extensive set of surveillance cameras set up in his bedroom.“The only thing that was odd to me was just how many cameras were in his house,” Tara Chatterton told KTVX. “I’ve cleaned several house and people have had cameras, but this one just stood out a little bit more because of how they were placed in the master bedroom.”She said Ajayi invited her to drink whiskey with him when she was cleaning the home, but that she turned him down.“I just felt uncomfortable — and not safe,” said Chatterton.Copyright © 2019, ABC Radio. All rights reserved.