Home Prices Inched Up Again In August, But Many Areas Saw Declines
U.S. home prices continued to hold steady during the month of August, rising just 0.1% compared to July, according to Black Knight's Home...
New Home Sales Flat In September
New home sales reached a seasonally adjusted annual rate of about 467,000 in September, an increase of 0.2% compared to the revised August...
NAR: Existing-Home Sales Up 2.4% In September
Existing-home sales - including sales of condominiums and town houses - increased from a seasonally adjusted annual rate of 5.17 million in September,...
Freddie Mac: Lack Of Wage Growth Holding Housing Back
Although the U.S. economy is improving, fears over the state of the global economy and the related impact on the financial markets, as...
Freddie Mac: Fixed 30-Year Mortgage Rates Drop Below 4%
The average rate for a 30-year fixed-rate mortgage (FRM) hit 3.92% this week, down from 4.13% the previous week to reach its lowest...
MBA Forecasts What Next Year Holds For Originations
The Mortgage Bankers Association (MBA) says it is expecting to see $1.19 trillion in mortgage originations during 2015 - a spike of 7%...
Fannie Mae Rolling Out New Appraisal Tool For Lenders
Government-sponsored enterprise (GSE) Fannie Mae has announced a new appraisal analysis application for lenders, Collateral Underwriter, which will be available early next year....
Privacy Disclosure Rule Now Finalized By The CFPB
The Consumer Financial Protection Bureau (CFPB) has finalized a rule to promote more effective privacy disclosures from financial institutions to their customers. The...
One Of Five Appraisals Has Value Less Than Contract Price, Says Platinum Data
More than 17% of appraisals on purchase transactions have a value less than the value of the contract price - possibly indicating that...
Ellie Mae Reaches New Milestone For Encompass Technology
Software solutions provider Ellie Mae says it has reached a major milestone: 100,000 active users of its Encompass mortgage management solution. The Encompass...
Churchill Mortgage Touts Surge In Year-Over-Year Purchase Volume
Citing a prevalence of increasing home buyer demand, Churchill Mortgage says its purchase volume increased 49% year over year from April to September....
NAHB: Builder Confidence Falls In October
After rising for four consecutive months, builder confidence in the market for newly built single-family homes in October fell to a score of...
Housing Starts Rose 6.3% In September
Housing starts climbed to annual rate of 1.02 million in September, an increase of 6.3% compared to the 957,000 pace that was forecast...
First American’s Mortgage Solutions Group Named Freddie Mac Distributor
First American Financial Corp., a global provider of title insurance, settlement services and risk solutions for real estate transactions, says its mortgage solutions...
DocMagic Acquires eSignSystems
In its quest to become the leader in e-mortgage solutions, DocMagic Inc. has acquired competitor eSignSystems, offering e-sign, e-delivery and e-vault solutions, from...
MBA Names Hall Of Honor Program Inductees
The Mortgage Bankers Association (MBA) is inducting 17 companies into its Hall of Honor program, which recognizes corporations and individual corporate leaders for...
Freddie Mac: Fixed Mortgage Rates Drop To Lowest Level Since June 2013
Fixed mortgage rates this week dipped to the lowest levels since June 2013, according to Freddie Mac's Primary Mortgage Market Survey. The new...
MBA: Applications For Refinances Up 11% As Rates Fall To 16-Month Low
Mortgage application volume increased for a second consecutive week during the week ending Oct. 10, with applications for refinances rising a whopping 11%,...
Survey: Banks, Credit Unions Increasingly Concerned About Compliance, Risk
The concern U.S. banks and credit unions have over managing compliance and risk is up nearly 30% from almost two years ago, according...
Radian Launches Program To Boost Homeownership In Tucson
Jonathan Rothschild, mayor of Tucson, Ariz., and executives from Radian MI recently announced the launch of a new program to assist potential homeowners...