CoreLogic: Home Price Appreciation Will Slow In 2017
Home prices forecast to increase about 4.7% this year versus 7.2% in 2016.
MBA: Mortgage Credit Availability Increased In January
Mortgage credit availability increased 1.1% in January to reach a score of 177.1 on the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI).
Credit...
NAHREP: Hispanics The Only Demographic To Increase Homeownership In 2016
For a second consecutive year, Hispanics were the only ethnic demographic in the U.S. to see an increase to their homeownership rate, which surged...
Fannie Mae Approves NotaryCam’s eClose360 Solution
Smile as you sign that mortgage document - you’re on NotaryCam!
Fannie Mae has approved NotaryCam's eClose360 solution as part of its list of approved...
Share Of Foreclosure Auctions Going To Third-Party Buyers Hits Record High
Distressed sales of single-family homes and condos fell to 16.2% of all sales in 2016 - down from 18.8% of all sales in 2015...
CoreLogic Launches RealQuest Mobile App
CoreLogic recently launched the RealQuest App to provide real estate and mortgage professionals with access to detailed property information, transaction history and neighborhood sales...
President Trump Signs Order To Start Dismantling Dodd-Frank
A major looming question is whether the order will result in the dismantling of the CFPB - or a significant curtailing of its powers.
Len Israel Stepping Down As Head Of Flagstar’s Mortgage Division
Leonard "Len" Israel II is stepping down from his role as the head of Flagstar Bancorp Inc.'s mortgage banking division.
The company confirmed the news...
Freddie Mac: 30-Year Flat After Fed Punts On Hike
Mortgage rates held steady this week, with the average rate for a 30-year fixed rate mortgage (FRM) at 4.19%, according to Freddie Mac's Primary...
Fed Keeps Rates Where They Are For Now
During its December meeting, the Federal Open Market Committee (FOMC) voted to maintain the federal funds rate at the current range of 0.50% to...
The Time Is Ripe: MBA Introduces GSE Reform Proposal
With government-sponsored enterprise (GSE) reform highly likely under the new administration, the Mortgage Bankers Association (MBA) is wasting no time and yesterday introduced its...
CFPB Fines Prospect Mortgage $3.5 Million For Illegal Referrals
The CFPB alleges that the lender used a variety of schemes to pay kickbacks for referrals of mortgage business in violation of the Real Estate Settlement Procedures Act.
Member First Mortgage Now Offering Hybrid E-Closings Using Pavaso
Member First Mortgage, a credit union-owned mortgage lender providing expertise in every area of mortgage lending, from origination to servicing/subservicing, has selected Pavaso Inc.,...
ValuAmerica Adds ClosingCorp’s SmartCalc To Its Website
SmartCalc, ClosingCorp’s customizable closing costs calculator, is now integrated with ValuAmerica's website.
That means ValuAmerica will be able to provide accurate, instant online quotes, including...
Chronos Solutions Launches National Title Operations Center
In an effort to become a "dominant player in the national title business," Chronos Solutions reports that it has launched a national title originations...
FGMC Hires NanEtte Epperson As National Wholesale Sales Director, TPO
NanEtte Epperson has joined First Guaranty Mortgage Corp. (FGMC) as national wholesale sales director, third-party origination (TPO) production.
Epperson has more than 25 years of sales...
MBA: Mortgage Application Volume Fell 3.2%
Mortgage application volume decreased 3.2% on an adjusted basis during the week ended Jan. 27, with applications for refinances decreasing 1% and applications for...
Case-Shiller: U.S. Home Prices Now Back To Pre-Recession Levels
U.S. home prices have now fully recovered from the effects of the Great Recession.
That's according to the S&P CoreLogic Case-Shiller national home price index...
Wipro Gallagher Now Partnering With Veri-Tax To Streamline Verifications
In an effort to help mortgage lenders mitigate identity fraud, accelerate processing and improve the customer experience for borrowers, mortgage origination software provider Wipro...
Hawaii Mortgage Lender Implements LoanScorecard’s Custom AUS
LoanScorecard, a provider of automated underwriting and compliance solutions, says that Central Pacific Bank, a residential mortgage lender in Hawaii and the primary subsidiary of...