Saturday, September 28, 2024

Residential Mortgage

Clear Capital: The College Town Effect On Housing

Clear Capital has a new report out showing college towns' unique immunity to the boom-bust-bubble cycle. According to the firm's Home Data Index...

Freddie Mac: Rates Move Higher For Second Consecutive Week

Average fixed mortgage rates moved higher for the second consecutive week amid better-than-expected economic data for the week ending Nov. 6, according to...

NAR: Home Prices Increased 4.2% In Q3

Home prices continued to increase in a majority of metropolitan areas in the third quarter, but the rate of appreciation is clearly slowing,...

MBA: Applications For Purchases Up; Refinances Down On Higher Rates

Mortgage application volume decreased 2.6%, on an adjusted basis, during the week ending Oct. 31, according to the Mortgage Bankers Association's (MBA) Weekly...

VA Selects CoreLogic’s Appraisal Manager To Aid In Quality Review

The U.S. Department of Veterans Affairs (VA) is now using Corelogic's LoanSafe Appraisal Manager to ensure that real estate appraisals meet established VA...

CoreLogic: Home Prices Forecast To Rise 4.6% Over Next Year

Although home price appreciation has slowed considerably in recent months - nationally, prices, including distressed sales, dropped 0.1% in September compared to August...

MBA: Mortgage Credit Tightened In October

Mortgage credit availability dropped in October, according to the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI). The MCAI, which analyzes data...

Freedom Mortgage Buys Continental Home Loans

National full-service residential mortgage lender Freedom Mortgage Corp. has acquired the assets of Long Island, N.Y.-based mortgage lender Continental Home Loans for an...

Bossidy Resigns As President Of Clayton Holdings; D’Urso Assumes Role

Paul T. Bossidy has resigned as president of loan review and due diligence firm Clayton Holdings. The news comes just a few months...

Auction.com, RM Bradley Sell Connecticut Ghost Town For $1.9 Million

Two days after it hit the online auction block, via Auction.com, with a baseline bid price of $800,000, the 'haunted' historic Village of...

Mortgage Rates Back On The Rise

Mortgage rates crept back up, but some rates remained below 4.0% during the week ending Oct. 30, according to Freddie Mac's Primary Mortgage...

HUD: Homelessness Rate Hits New Lows

Considering that the U.S. homeownership rate has hit new lows, and that market rents have hit new highs, would you be surprised to...

Interthinx Launches SAFE Act-Compliant Contract Underwriting Services

Having essentially completed its merger with First American Mortgage Services, loan quality control and fraud prevention solutions provider Interthinx has launched new services...

Auction.com, Google Roll Out Near Real-Time Real Estate Report

One of the challenges the real estate industry has always faced is getting key, relevant industry data in near real-time so as to...

U.S. Homeownership Rate Keeps Falling

Due mainly to slow wage growth, rising home prices, tighter mortgage credit and a general lack of confidence in the economy, the U.S....

MBA: Application Volume Falls As Rates Go Back On The Rise

Following the previous week's whopping 23% increase that was driven by historically low interest rates, applications for refinances fell 7% during the week...

S&P/Case-Shiller: Home Price Appreciation Losing Steam

Home price appreciation continued to lose steam across the U.S. in August; however, some markets posted significant gains, according to the S&P/Case-Shiller Home...

CoreLogic: Mortgage Fraud Risk Increased 3.2%

The risk of mortgage fraud increased 3.2%, on a year-over-year basis, as of the end of the second quarter, according to CoreLogic's Mortgage...

RealtyTrac: Distressed Sales Fell To New Lows In Q3

Distressed sales are no longer propping up the housing market to the degree that they were a year ago, a report from RealtyTrac...

Pending Home Sales Inched Up In September

After falling 1.0% the month prior, pending home sales increased 0.3% in September compared to August and were up 1.0% compared to September...