Tuesday, January 28, 2020
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New Home Sales Dipped in December But Were Still Up 23% Year Over Year

New home sales in December were at a seasonally adjusted annual rate of 694,000, down 0.4% compared with a revised 697,000 in...

First American: ‘Real’ Home Prices Boost Affordability

The November 2019 First American Real House Price Index (RHPI) points to a meaningful decline - 8.1% - in real house prices...

Mortgage Rates Fall to Lowest Level in Three Months

Mortgage rates dropped again this week, with the average rate for a 30-year fixed-rate mortgage falling to 3.60%, down from last week’s...

Existing-Home Sales Rose in December; 2020 Expected to be ‘Great Year For Housing’

Existing-home sales in December increased to a seasonally-adjusted annual rate of 5.54 million, up 3.6% compared with November and up 10.8% compared...

Mortgage Applications Fall Back But Remain at an ‘Elevated Level’

Following a significant increase that came during the first full week of January, mortgage application volume moderated, dipping 1.2% on an adjusted...

Ed Powell Joins Angel Oak Home Loans as Regional Manager

Mortgage industry veteran Ed Powell recently joined Angel Oak Home Loans as regional manager and leader of the lender’s new consumer direct...

Jennifer Henry: Have a ‘True North’ to Work Toward

PERSON OF THE WEEK: Jennifer Henry is vice president and vertical marketing leader for mortgage and housing services at Equifax. An industry...

Ken Harrison: Mortgage Companies Need Strong Disaster Response Playbooks

PERSON OF THE WEEK: It’s well known that natural disasters can wreak havoc on mortgage servicing operations. And considering the increase in...

Mortgage Rates Basically Flat

Mortgage rates held steady this week, as the average rate for a 30-year fixed-rate mortgage increased slightly to 3.65%, up from 3.64%...

Mortgage Applications Jumped 30% During First Week of 2020

Following the usual holiday lull, mortgage application volume catapulted 30.2% during the week ended Jan. 10, according to the Mortgage Bankers Association's...

Notarize, Stewart Look to Take Online Closings to Full Scale

Notarize, a platform for legal online notarization, has formed a partnership that will give direct offices and independent agents of Stewart Title...

NAR: Homeownership Sentiment Is Bullish for Both Buying and Selling

According to a National Association of Realtors fourth-quarter 2019 survey, 63% of people believe now is a good time to buy a...

Mr. Cooper Names New CEO of Xome

Mr. Cooper Group Inc. has appointed Mike Rawls CEO of Xome Holdings LLC, the company’s real estate services subsidiary.

Has the Millennial Refinance Boom Passed its Peak?

According to the latest Millennial Tracker report from Ellie Mae, 31% of loans closed by millennials in November were refinances, down 3%...

Purchase Application Volume Increased a Surprising 5% During the Final Two Weeks of 2019

Mortgage application volume dipped 1.5% on an adjusted basis during the two weeks ended January 3, according to the Mortgage Bankers Association’s...

Standing on the Edge of a RON Revolution

January 1, 2020 marked more than just the start of a new year. It also represented the next milestone in the march...

Notaries Can Now E-Notarize Documents Remotely in Florida and Idaho

Florida and Idaho are the latest states to adopt legislation allowing the use of remote online notarization (RON).As...

2020 Vision: What Can Mortgage Lenders Expect in the New Year?

BLOG VIEW: This past year was a great one for consumers looking to refinance or buy a home. The Fed cut rates...

Bill Colby: Third-Party Integrations Now Critical For Real Estate Services Firms

PERSON OF THE WEEK: Bill Colby is product development manager for RES.NET, a wholly-owned subsidiary of U.S. Real Estate Services (USRES) that provides...

Mortgage Rates Remain Stable Heading into 2020

Mortgage rates decreased slightly this week, as the average rate for a 30-year fixed-rate mortgage fell to 3.72%, down from 3.74% last...

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