‘Silver Tsunami’ May Not Boost Housing Market as Much as Some Expect
As Baby Boomers age out of their homes, will it help create enough inventory to boost the housing market?
As per a recent report from...
Flagstar Promotes Lee Smith to Senior Executive Vice President and CFO
Lee Smith has been promoted to senior executive vice president and chief financial officer at Flagstar Financial.
The appointment follows the decision of current CFO...
NAR Unveils 10 Top Housing Hot Spots for 2025
The National Association of Realtors (NAR) has unveiled its 10 Top Housing Hot Spots for 2025, which uses economic, demographic and housing factors to...
U.S. Mortgage Delinquency Rate Continued to Rise in September
The U.S. mortgage delinquency rate increased slightly in September to reach 3.0% of all mortgages - an increase of 0.2% compared with September 2023,...
AmeriCU Credit Union Shifting to VantageScore 4.0 for Mortgages
AmeriCU Credit Union, serving more than 167,000 members throughout central and northern New York, is shifting to VantageScore 4.0 for mortgages.
The migration to VantageScore...
Blue Sage Becomes First LOS to Fully Integrate Fannie Mae Income Calculator
Mortgage technology provider Blue Sage Solutions reports that it is the first loan origination system (LOS) to fully integrate Fannie Mae's Income Calculator.
This API-enabled...
Mortgage Rates Fell for a Third Straight Week
Mortgage rates decreased for a third straight week as the average rate for a 30-year fixed-rate mortgage dropped to 6.6%, down from 6.69% last...
Mortgage Lock Volume Fell 15 Percent in November on Higher Rates
Mortgage lock volume plummeted 15% in November compared with October, as rates increased, according to Mortgage Capital Trading (MCT).
While the market exhibited relative stability...
Realtor.com Reveals its Top Housing Markets for 2025
Colorado Springs, Colo., is Realtor.com’s Top Housing Market for 2025, a list of the top 100 housing markets that are forecast to see increased...
First American Adds Real-Time Fraud Detection to AgentNet Services
First American has released Order Insights, a real-time, transaction-based fraud alert system available to its policy-issuing title agents.
Fraud continues to challenge the real estate...
Applications for Refinances Surged Last Week on Slightly Lower Rates
Mortgage application volume increased 5.4% on an adjusted basis during the week ended December 6, as the average rate for a 30-year, fixed-rate mortgage...
Vice Capital Markets Signs 50th Investor to Whole Loan Trading Platform
Vice Capital Markets, a mortgage hedge advisory firm for independent lenders, banks and credit unions, reports that it has added its 50th investor to...
ATTOM: Foreclosure Activity Fell in November
A total of 29,390 U.S. residential properties saw foreclosure filings - default notices, scheduled auctions or bank repossessions - in November, a decrease of...
Mortgage Lock Volume Fell in November But Was Up Year Over Year
Mortgage rate lock volume dropped 25% in November compared with October but was up 12% compared with November 2023, according to Optimal Blue's Market...
Mortgage Credit Availability Tightened in November
Mortgage credit availability decreased in November, falling 3.3% compared with October to a score of 95.9 on the Mortgage Bankers Association’s (MBA) Mortgage Credit...
Refinance Volume Jumped as Borrowers ‘Ditched Their Newly Acquired Mortgages’
Mortgage refinance volume surged in September and October, as borrowers took advantage of rates in the low 6% range, ICE Mortgage Technology’s Mortgage Monitor...
Newfi Lending Adds Calculator to Redesigned Website
Newfi Lending has launched a redesigned website that features a new calculator that aims to simplify the decision-making process for customers when researching their...
Purchase Applications, Listings, Contracts Increased After the Election
Mortgage purchase applications increased 17% month over month in November to their highest level since late January, according to Redfin.
In addition, U.S. home listings...
Consumers Had a Rosier View of the Housing Market in November
Consumer confidence in the housing market improved significantly in November, rising to a score of 75.0 on the Fannie Mae Home Purchase Sentiment Index.
In...
CoreLogic: Home Equity Gains Slowed in the Third Quarter
U.S. home equity continued to rise in the third quarter, increasing by $425 billion, or 2.5%, to a record $17.5 trillion, according to CoreLogic’s Homeowner...