A Flurry Of Promotions At The MBA
In addition to announcing 14 new member companies this week, the Mortgage Bankers Association (MBA) has announced a flurry of promotions, including the...
UWM Offering Conventional Mortgages With Up To 97% LTV
Following the news that government-sponsored enterprises Fannie Mae and Freddie Mac are launching new programs allowing lenders to offer financing of up to...
Freddie Mac: Mortgage Rates Hit New Lows For 2014
Mortgage rates dropped to new lows during the week ended Dec. 18, according to Freddie Mac's Primary Mortgage Market Survey. Ten-year Treasury yields...
Ellie Mae: Refinance Volume Up 13% Since July
Mortgage refinancing volume increased for the fourth straight month in November as interest rates continued to fall, according to Ellie Mae's Origination Insight...
Former North Miami Mayor Found Guilty Of Mortgage Fraud
A federal jury on Tuesday convicted former North Miami Mayor Marie Lucie Tondreau for her alleged involvement in an $8 million mortgage fraud...
MBA: Mortgage Application Volume Fell 3.3% Last Week
After jumping an impressive 7.3% the week prior, mortgage application volume fell 3.3% on an adjusted basis during the week ended Dec. 12,...
Mid America Mortgage Merges With Affinity Lending Solutions
Mid America Mortgage Inc., a nationwide lender licensed in more than 40 states with more than 300 employees, is merging with regional lender...
360 Mortgage Among The First To Offer GSEs’ 3% Down Loans
Austin, Texas-based regional mortgage lender 360 Mortgage Group is now accepting Fannie Mae and Freddie Mac 97% loan-to-value (LTV) products. In a release,...
Housing Starts Fell Again In November
Housing starts reached a seasonally adjusted annual rate of 1,028,000 in November, a decrease of 1.6% compared to the 1,045,000 units started in...
NAHB: Builder Confidence Fell Slightly In December
After rising four points in November, builder confidence in the market for new homes in December fell one point on the National Association...
Matt Martin Real Estate To Buy RealtyBid.com
Matt Martin Real Estate Management (MMREM), a diversified national real estate services firm, is set to acquire online real estate auction company RealtyBid.com...
Why Keep The GSEs Undercapitalized?
The Community Mortgage Lenders of America (CMLA) recently called on Treasury Secretary Jack Lew and chief government-sponsored enterprise (GSE) regulator Mel Watt to...
NAR Forecasts Top Markets For Baby Boomers In 2015
Want to know which U.S. cities are forecast to attract the most baby boomers in 2015? A recent report from the National Association...
On Q Financial Enters The Non-QM Realm
While the real estate market continues to show signs of recovery with interest rates at historical lows, many home buyers are still unable...
My Nest Users Can Now Get Loan Info From Churchill Mortgage
Home shoppers using the My Nest mobile application from Mortgage Coach can now get information on the loan options available for each property...
CoreLogic Teams With Pivotal Labs To Launch Technology Incubator
As part of its ongoing Technology Transformation Initiative (TTI), property data and analytics firm CoreLogic is teaming up with big data solutions provider...
MBA: Applications For New Home Purchases Down Sharply In November
Applications for new home purchases fell more than 22%, on an unadjusted basis, in November compared to December, according to the Mortgage Bankers...
Freddie Mac: Mortgage Rates Inched Up But Remain Near Year-Low
Mortgage rates inched back up during the week ended Dec. 11, according to Freddie Mac's Primary Mortgage Market Survey. Still, the average rate...
MBA: Application Volume Recovers Previous Week’s Lost Ground
Mortgage application volume jumped 7.3% on an adjusted basis during the week ended Dec. 5, compared to the previous week, according to the...
MBA: Mortgage Credit Increased Slightly In November
Mortgage credit availability increased slightly in November compared to October, according to the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI). The...