American Homes 4 Rent And American Residential Properties To Merge
Two of the largest players in the single-family rental (SFR) market, American Homes 4 Rent and American Residential Properties Inc., are merging. As...
Freddie Mac: Mortgage Rates Inched Down For Third Straight Week
Fixed mortgage rates edged down slightly for a third straight week during the week ended Dec. 3, according to Freddie Mac's Primary Mortgage...
Report: Quicken Loans Considering Dumping FHA
Quicken Loans is reportedly considering getting out of Federal Housing Administration (FHA) lending. According to a Reuters report, Quicken, one of the largest...
Franklin American Mortgage Settles With DOJ Over Alleged FHA Loan Defects
Franklin, Tenn.-based Franklin American Mortgage Co. will pay $70 million to settle allegations brought by the U.S. Department of Justice (DOJ) that the...
Mortgage Lender Sage Bank Sued By DOJ For Alleged Discriminatory Practices
Lowell, Mass.-based mortgage lender Sage Bank will pay $1.175 million to resolve allegations brought by the U.S. Department of Justice (DOJ) that it...
ValuAmerica’s ValuNet Now Integrated With Black Knight’s Closing Insight
ValuAmerica Inc., a national title agency, appraisal management company and technology provider, has successfully integrated its ValuNet xsp platform with Black Knight Financial...
MBA: Mortgage Application Volume Basically Flat
Mortgage application volume was basically flat during the week ended Nov. 27, dipping just 0.2% on an adjusted basis compared with the previous...
Threshold Set For Exempting Loans From Special Appraisal Requirements For Higher-Priced Mortgages
The Consumer Financial Protection Bureau (CFPB), Federal Reserve Board and Office of the Comptroller of the Currency (OCC) have set the threshold for...
LenderLive Names Scott Banks Senior Vice President Of Finance
Mortgage industry veteran Scott Banks has joined LenderLive, a domestic-based, end-to-end mortgage services provider, as senior vice president of finance and mortgage services....
CoreLogic: U.S. Home Prices Increased 1.0% In October
U.S. home prices, including distressed sales, increased 1.0% in October compared with September and increased 6.8% compared with October 2014, according to CoreLogic's...
New Home Sales Increased 10.7% In October
New home sales in October reached a seasonally adjusted annual rate of about 495,000 units, an increase of 10.7% compared with the revised...
Williston Financial Group Introduces Real Tech Services Subsidiary
Williston Financial Group, a Portland, Ore.-based title insurance company and real estate services provider, has launched west, a wholly owned subsidiary that streamlines...
Freddie Mac: Housing Market Continued To Improve In September
The overall health of the U.S. housing market continued to improve in September, reaching a score of 81.3 on Freddie Mac's Multi-Indicator Market...
FHFA: U.S. Home Prices Increased 1.3% In Q3
U.S. home prices increased 1.3% in the third quarter compared with the second quarter and were up 5.7% compared with the third quarter...
NAR: Pending Home Sales Were Basically Flat In October
After decreasing for two months straight, pending home sales inched up slightly in October, rising 0.2% compared with September and 3.9% compared with...
FHFA: Conforming Loan Limits For Mortgages Unchanged Throughout Most Of U.S.
Maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2016 will remain at existing levels, except in 39...
MBA: Mortgage Application Volume Fell 3.2%
After increasing 6.2% the previous week, mortgage application volume fell 3.2% during the week ended Nov. 20, according to the Mortgage Bankers Association's...
PrimeLending Adds Jim Roberts In Arizona Office
Jim Roberts has joined Dallas-based residential mortgage originator PrimeLending as a senior loan officer in its Tucson, Ariz., branch office. Roberts has more...
S&P/Case-Shiller: U.S. Home Prices Increased 0.8% In October
U.S. home prices increased 0.8% on an adjusted basis in October compared with September and increased 4.9% compared with October 2014, according to...
First American: Risk Of Mortgage Defects Decreased For Third Straight Month
The risk of defects in mortgage applications decreased 2.5% in October compared with September and decreased 10.2% compared with October 2014, according to...