Black Knight: HPI Indicates Rising Home Prices, Up Year Over Year
Black Knight Financial Services’ Home Price Index (HPI) was at its highest-ever level in April 2017, at $275,000, representing a 3.6% increase in the...
Real House Prices Decrease Despite ‘Monetary Tightening Policies’
According to the April 2017 First American Real House Price Index (RHPI), real house prices decreased 1.6% between March and April and increased by...
NAR: Homeowners Confident in Selling; Renters Losing Confidence in Buying
Existing housing inventory has declined year over year each month for two straight years, but new consumer findings from the National Association of Realtors...
TransUnion Finds Most Mortgage Shoppers in Q1’17 Were Renters
A recent TransUnion analysis finds that 55% of those who shopped for a mortgage in Q1’17 were non-homeowners, most of which were renters. This...
Number of For-Sale Homes Falling at Fastest Pace in Four Years
An increase in the number of single-family home rentals has taken away a chunk of sellable inventory, according to the May Zillow Real Estate...
NRMLA: Seniors’ Home Equity at All-Time High
The National Reverse Mortgage Lenders Association (NRMLA), through the NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI), finds that homeowners aged 62 and older saw their...
HouseCanary HPIs Now Available Through First American Mortgage Solutions
Silicon Valley, Calif.-based real estate analytics company HouseCanary has announced that mortgage lenders and servicers can now access its home price indices (HPIs) and...
New Yorkers See Longer Time to Break Even on Home Purchases in Q1’17
The costs of renting a home in New York City would exceed the costs of buying a comparable home in 5.6 years, according to...
NAR Provides Snapshot Of Healthy Market In May
Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new...
Bringing It All Back Home: Nationstar Onshores Call Centers
Nationstar Mortgage says it has moved its international call center operations back to the U.S., creating 500 new jobs and bringing customer service closer...
Mortgage Credit Risk Is Right Around The ‘Normal Baseline’
CoreLogic’s first-quarter 2017 Housing Credit Index (HCI) - a measurement of trends in six home mortgage credit-risk attributes - increased to 105.6, up 3.6...
Share Of Purchase Mortgages Continues To Outpace Refis
The percentage of purchase home loans relative to refinancings continued to increase, according to Ellie Mae’s most recent Origination Insight Report.
In May, home purchases...
DocMagic Tech Is Ready For Both Phases Of UCD Implementation
DocMagic Inc., a provider of document production, automated compliance and e-mortgage services, says its technologies are now capable of supporting both phases of the...
Michael Schreck Joins cloudvirga As CEO
cloudvirga, a developer of loan officer and direct-to-consumer, point-of-sale (POS) systems, has named Michael Schreck its CEO. He succeeds cloudvirga co-founder Bill Dallas, who...
Mortgage CRM Tool Enhanced With New Functionality
CRMnow has released a new version of its Mortgage iQ CRM solution that features “improved efficiencies and an all-new look and feel.”
New functionality includes...
MBA Critical Of FHFA Recommendations
The Mortgage Bankers Association (MBA) says it is supportive of many recommendations contained in the Federal Housing Finance Agency's (FHFA) annual report to Congress,...
Fannie Mae Provides Updated Economic Forecast
According to the Fannie Mae Economic & Strategic Research Group’s June 2017 Economic and Housing Outlook, the current economic expansion is forecast to continue,...
New Unit Encompasses Correspondent, Warehouse And Capital Markets
Mortgage originator and servicer Home Point Financial Corp. has formed its new Institutions Group, which comprises correspondent lending, capital markets and Home Point's wholly-owned...
Visionet Tool In Step With Freddie Mac UCD Requirements
Visionet Systems, a provider of technology solutions and business process outsourcing services for the mortgage industry, has become a verified technology integration vendor for...
Premium Title Nets Morningstar MOR RV1 Rating
Atlanta-based title and settlement services provider Premium Title - a subsidiary of Altisource Portfolio Solutions - has received a MOR RV1 residential vendor ranking...