Saturday, November 16, 2024

Residential Mortgage

FNC: Larger Homes Appreciating Faster Than Smaller Ones

Home price appreciation generally tends to be higher for larger homes, a new report from mortgage technology company FNC shows. The firm's new...

DocMagic Gobbles Up Another E-Doc Company

In its quest to become an e-mortgage powerhouse, DocMagic has acquired electronic documents firm Doc-Tech Corp., dba Document Express, for an undisclosed sum....

Freddie Mac: Mortgage Rates Fell For Fourth Week Straight

Mortgage rates inched down slightly during the week ended Dec. 4, according to Freddie Mac's Primary Mortgage Market Survey. It was the fourth...

RealtyTrac: Home Price Bubbles Possibly Forming In Certain Markets

One in five housing markets in the U.S. has now exceeded its historical affordability norm - 'a strong sign that either a new...

D+H Integrates With Optimal Blue

Users of D+H Corp.'s Mortgagebot loan origination system (LOS) can now seamlessly access the pricing engine solution offered by Optimal Blue, thanks to...

CFPB Fines Debt Settlement Firm $69K For Charging Upfront Fees

Premier Consulting Group will pay a fine of $69,075 for charging consumers illegal upfront fees for debt-settlement services they never received, the Consumer...

MBA: Mortgage Application Volume Fell 7.3%, Thanks To Turkey Day

Mortgage application volume fell sharply during the week ended Nov. 28, due mainly to the Thanksgiving holiday but also due to a sharp...

Senate Confirms Coloretti As Next Deputy Secretary Of HUD

The U.S. Senate on Tuesday confirmed Nani Coloretti - previously with the U.S. Department of the Treasury and one of the main architects...

United Wholesale Mortgage Introduces Investor Edge Product

United Wholesale Mortgage (UWM) has rolled out a new product called Investor Edge, designed specifically for borrowers that are looking to purchase or...

Zillow: First-Time Home Buyers Will Lead Recovery In 2015

Zillow is forecasting that home sales will rise in 2015 compared to this year, due mainly to pent-up demand from first-time home buyers....

CoreLogic: Home Prices Near-Flat In October

U.S. home prices stayed basically flat in October compared to September, according to CoreLogic's Home Price Index (HPI) report. Home prices rose only...

NAR: Pending Home Sales Dipped 1.1% In October

Pending home sales dipped 1.1% in October compared to September and were down 2.2% compared to October 2013, the National Association of Realtors...

FHFA: HARP Participation Rates Continue To Fall

Government-sponsored enterprises Fannie Mae and Freddie Mac processed a total of 44,136 refinances through the Home Affordable Refinance Program (HARP) in the third...

MBA: Mortgage Application Volume Fell Last Week

After increasing the previous week, mortgage application volume fell 4.3%, on an adjusted basis, during the week ended Nov. 21, according to the...

FHFA: Mortgage Loan Limits Largely Unchanged

The Federal Housing Finance Agency (FHFA) recently made some minor adjustments to the maximum conforming loan limits for mortgages acquired by government-sponsored enterprises...

New Home Sales Rose Slightly In October

New home sales increased to a seasonally adjusted annual rate of 458,000 units in October, an increase of 0.7% compared to the September...

Solutionstar Buying Title365 For $36 Million

Solutionstar Holdings, an indirect wholly owned subsidiary of Nationstar Mortgage Holdings Inc., is buying title services company Title365 for $36 million. The deal,...

S&P/Case-Shiller: Home Prices Fell Slightly In September

U.S. home prices decreased 0.1% in September compared to August, marking the first month-over-month decline this year, according to the S&P/Case-Shiller Home Price...

Black Knight: Home Prices Basically Flat In September

U.S. home prices were basically flat in September compared to August, according to Black Knight Financial Services' Home Price Index report, which tracks...

FirstKey Introduces 30-Year Portfolio Loan For SFR Investors

FirstKey, which provides loans for investors in single-family rental (SFR) properties, has expanded its Express program by extending the option of a 30-year...