Churchill Mortgage Hires New Multicultural Market Manager
Leticia Mijes has joined Churchill Mortgage as the company's new multicultural market manager.
Mijes has more than 20 years of mortgage industry experience. She is...
Theresa Cherry Now Regional Manager At Guild Mortgage
Theresa Cherry, senior vice president and partner at Guild Mortgage, has been named the new regional manager for the California coastal region.
Cherry has more...
CFPB Proposes Rule Banning Mandatory Arbitration Clauses
The Consumer Financial Protection Bureau (CFPB) is proposing a rule that would prohibit the use of mandatory arbitration clauses in the contracts for certain...
CoreLogic: Home Prices Increased 2.1% In March
U.S. home prices increased 2.1% in March compared with February and increased 6.7% compared with March 2015, according to CoreLogic's home price index (HPI)...
MBA: Mortgage Credit Availability Decreased In April
Mortgage credit availability decreased in April to a score of 122.4 on the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI).
That's down 0.89%...
MBA: Mortgage Application Volume Fell 3.4%
Mortgage application volume decreased 3.4% during the week ended April 29, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey.
Applications for refinances...
HomeUnion: Home Price Appreciation Is Flattening, But Investment Homes Are The Exception
U.S. home price appreciation is flattening, but investment homes are the exception, a recent report from real estate investment management firm and data provider...
Mid America Mortgage Hires Michael J. Lima To Oversee Whole Loan Trading
Michael Lima has joined Mid America Mortgage Inc. as managing director of the company's whole loan trading division.
Lima has nearly 30 years of mortgage...
Report: Home Price Increases Muting Affordability Gains From Low Interest Rates
Interest rate decreases since the start of this year have resulted in the population of "refinanceable" mortgage borrowers swelling to about 7.5 million, according...
Risk Of Mortgage Application Defects Rises For First Time Since July 2015
The risk of fraud and/or "defects" in mortgage loan applications increased 1.3% in March compared with February but decreased 2.6% compared with March 2015,...
CFPB To Tweak TRID For Greater Clarity
"We do recognize that incorporating some of the bureau's existing informal guidance, whether provided through webinar, compliance guide or otherwise, into the regulation text and commentary would be helpful," Richard Cordray says.
FOMC Votes To Keep Rates Where They Are, For Now
Although "labor market conditions have improved," real household income "has risen at a solid rate," and "the housing sector has improved" since its previous...
Brian Benson Steps Down As CEO Of ClosingCorp
Brian Benson has reportedly stepped down from his role as CEO of ClosingCorp, a provider of residential real estate closing cost data and technology...
MiMi Says U.S. Housing Market Is Poised For Awesomeness
The nation's housing markets continued to improve in March, with one more state, Michigan, returning to its historical benchmark level of housing activity, according...
Fannie Mae To Securitize Reperforming Loans
Fannie Mae plans to start securitizing reperforming loans held on the company’s balance sheet in the second half of this year.
The government-sponsored enterprise says...
Home Value Forecast: Impact Of Economic Displacement In San Francisco Bay Area
According to Pro Teck Valuation Services’ Home Value Forecast, which provides insight into the current and future state of the U.S. housing market, job...
MBA: Mortgage Application Volume Fell 4.1%
After increasing 1.3% the previous week and 10% the week before that, mortgage application volume decreased 4.1% on an adjusted basis during the week...
March Pending Home Sales Rose 1.4%; Lack Of Inventory Discouraging
After increasing 3.5% in February, pending home sales increased a weaker 1.4% in March to reach a score of 110.5 on the National Association...
S&P/Case-Shiller: Home Price Increases Slow Down In February
U.S. home prices increased just 0.2% on an unadjusted basis in February compared with January and increased 5.3% compared with February 2015, according to the...
Summit Valuations Joins American Association Of Private Lenders
Niles, Ill.-based Summit Valuations LLC, a full-service valuation company offering nationwide real estate valuations, confirms it is now a member of the American Association...