FHFA: Home Prices Rose 0.9% In Q3
U.S. home prices rose 0.9% in the third quarter compared to the second quarter, on an adjusted basis, and were up 4.5% compared...
Freddie Adds Actual Loss Data To Its Single-Family Loan-Level Dataset
To increase transparency for investors, Freddie Mac is adding actual loss data to its Single-Family Loan-Level Historical Dataset. The expanded dataset will now...
Altisource Expands Online Real Estate Business With Acquisition Of Owners.com
Altisource Portfolio Solutions has acquired online real estate marketplace Owners.com for about $20 million. Owners.com, one of the largest online self-directed real estate...
RealtyTrac: Fewer Homes Flipped In Q3
The home flipping trend continued to slow in the third quarter, as home prices continued to rise, according to RealtyTrac's U.S. Home Flipping...
NAR: Existing-Home Sales Increased 1.5% In October
Existing-home sales reached a seasonally adjusted annual rate of 5.26 million in October, an increase of 1.5% from an upwardly revised 5.18 million...
Ellie Mae: Refinances Increased 4% In October On Lower Rates
The refinance share of mortgage volume flowing through Ellie Mae's loan origination system jumped to 40% of all transactions in October, up from...
MBA: Purchase Application Volume Jumped 12% (On An Adjusted Basis)
Mortgage application volume increased 4.9% during the week ended Nov. 14, compared to the previous week, according to the Mortgage Bankers Association's (MBA)...
Freddie Mac: Housing Market Will Improve In 2015
Freddie Mac is forecasting that the U.S. housing market will improve in 2015 - but that doesn't necessarily mean it will be a...
CFPB To Lenders: Don’t Discriminate Against Recipients Of Disability Income
The Consumer Financial Protection Bureau (CFPB) has issued a bulletin reminding lenders not to discriminate against borrowers who are receiving Social Security disability...
MBA Launches Private Healthcare Exchange For Members
To help its member companies hold down the cost of health insurance and other benefits to their employees, the Mortgage Bankers Association (MBA)...
NAHB: Home Builder Confidence Rises In November
After falling five points in October, builder confidence in the market for newly built single-family homes recovered most of that ground in November,...
CFPB Uncovers Illegal Bonus Program
Franklin Loan Corp., a residential mortgage lender with 18 locations across Southern California and one in Chicago, will pay $730,000 for allegedly steering...
Freddie Mac: Fixed Mortgage Rates Holding Steady
Rates for 30-year fixed-rate mortgages (FRMs) continued to average around 4% during the week ending Nov. 13, according to Freddie Mac's Primary Mortgage...
MBA: Applications For New Home Purchases Up 8% In October
Application volume for new home purchases increased 8%, on an unadjusted basis, in October compared to September, according to the Mortgage Bankers Association...
Mortgage Master Acquired By loanDepot
In a deal that signals further consolidation in the mortgage banking space, national non-bank lender loanDepot has acquired regional non-bank lender Mortgage Master...
MBA: Mortgage Application Volume Dipped 0.9% Last Week
Mortgage application volume dipped 0.9% on an adjusted basis during the week ended Nov. 7, according to the Mortgage Bankers Association's (MBA) Weekly...
American Interbanc Mortgage Acquired By Seashine Financial
In a move that will expand the company's production in the Internet retail space, as well as add new sales channels to diversify...
Carrington Intros New Loan Product With No Closing Costs Or Upfront Fees
Carrington Mortgage Services continues to take new risks and push the boundaries of traditional mortgage lending with the introduction of a new simplified...
NRMLA Applauds FHA’s New Rules Regarding HECMs
Having completed its review of feedback from industry stakeholders, the U.S. Department of Housing and Urban Development (HUD) has released its Home Equity...
NAR: Existing-Home Sales To Hold Steady In 2015
An improved job market, rising wages, increased inventory and a slowdown in home price appreciation will combine to help boost existing-home sales slightly...