Since the start of September, the pattern has been a week of increased application volume followed by a down one, echoing trends in refi activity. By Glenn McCullom trib.al/PjdnlYf

"When you have appraisers who are predominantly white, living in the suburbs, they bring their biases in when they appraise properties in the city and the minority community." -NACA CEO Bruce Marks By @PCentopani trib.al/Uuw63sd

Due to the heavy rate-driven demand for loans, lenders have increasingly turned to third parties for help. By Brad Finkelstein trib.al/R8hvKDK

Databits: #AI & automation with Arizent VP Janet King trib.al/kyD4NwU

"Going forward, we believe the wild card to be whether enough sellers enter the market to continue to meet the strong homebuying demand," said Doug Duncan of Fannie Mae By Brad Finkelstein trib.al/aHFeGNY

The only property type in which delinquencies increased from the prior month is hotel, which was up 46 bps to 17.23%, Fitch Ratings said By Brad Finkelstein trib.al/hCu139O

"Given the historically low interest rates, lenders are handling more loans now than they ever have before." @EllieMaeInc's Joe Tyrell By @PCentopani trib.al/hGjczlJ

Until recently, deployments of #AI technology remained limited. But the COVID-19 pandemic may have changed that. Read the exclusive report by Ryan W. Neal here: trib.al/H6dOt2y

PODCAST: The art and science of responsive experiences with Arizent CEO, Gemma Postlethwaite and Citizens's Chief Experience Officer, Beth Johnson trib.al/znvtGX8

“While this may seem to paint a bleak picture for the future, multiple mitigating factors could help to reduce any resulting foreclosure wave.” By Bonnie Sinnock trib.al/YtENxhL

Inland Empire remains nation's tightest housing market #California #RealEstate trib.al/ducXdRF

"The significant churn in the labor market … is still causing financial distress for millions of homeowners. As a result, more than 70% of loans in forbearance are now in an extension." -Mortgage Bankers Association's Mike Fratantoni By @PCentopani trib.al/MyTDIYa

"We are launching this partnership at a time of immense crisis for communities with lower incomes," said #AffordableHousing advocate Andrea R. Ponsor By Brad Finkelstein trib.al/3oMaZ3M

The avg. 30-Yr FRM drops to 2.87% freddiemac.com/pmms Chief Economist @TheSamKhater: “The year-long slide in mortgage rates seems to be ending as rates flattened over the last month, but buyer demand remains robust with strong first-time buyers coming into the market."

"Continuing the trend seen in recent months, the purchase market is growing at a strong clip, with activity last week up 21% from a year ago." Mortgage Bankers Association's Joel Kan By Glenn McCullom trib.al/hotY05x

JPMorgan pledges billions in spending to fix racial wealth gap trib.al/7S1d6j9

"The year-long slide in mortgage rates seems to be ending as rates have flattened over the last month and the economic rebound has slowed." -Freddie Mac's Sam Khater By Glenn McCullom trib.al/n20sZs0

.@CoreLogicInc expects prices to drop 6.5% in Las Vegas, 2.9% in Boston and 2% in Houston by August 2021. By @PCentopani trib.al/VD39PAK

"The housing market overall is on strong footing, but the data show that lenders are being cautious," said Joel Kan of Mortgage Bankers Association By Brad Finkelstein trib.al/J2ZeRPV

“If you can get someone to dig their own grave, why sweat yourself?” — #Xi and #Putin... probably.