MBA: Mortgage Application Volume Dipped Slightly
Mortgage application volume dipped 0.2% on a seasonally adjusted basis during the week ending Sept. 26, according to the Mortgage Bankers Association's (MBA)...
Ellie Mae Completes Purchase Of AllRegs
Mortgage software provider Ellie Mae reports that it has completed its acquisition of AllRegs. The deal stands to significantly strengthen Ellie Mae's position...
New Tool Helps Lenders Determine Eligibility For Condo Projects
Mortgage lenders that originate conforming loans for condominiums must first identify and then contact and query associations to determine eligibility. This can be...
Six New Jersey Residents Indicted For Foreclosure Rescue Scheme
Six New Jersey residents have been indicted on charges of conspiracy to commit bank fraud and wire fraud for allegedly running a bogus...
S&P/Case-Shiller: Home Price Appreciation Continued To Decelerate In July
Home price appreciation continued to slow in July, with prices rising only 0.5% nationally, compared to June, according to the S&P/Case-Shiller home price...
NRMLA: Seniors Added $125.2 Billion In Equity In Q2
Americans 62 years old and older saw the equity in their homes increase by $125.2 billion in the second quarter, the largest quarterly...
Four California Residents Sentenced In Connection With Foreclosure Scheme
Nearly three years after they were indicted, four California residents have reportedly been sentenced for their alleged roles in a foreclosure rescue scheme...
Black Knight: Some U.S. Cities Saw Home Prices Decline In July
U.S. home prices inched up 0.2%, on average, in July compared to June; however, seven of the 20 largest cities in the U.S....
NAR: Pending Home Sales Dipped Slightly In August
Pending home sales fell slightly in August, dipping 1.0% compared to July - however, contract signings remained at their second-highest level in the...
Freddie Mac: Mortgage Rates Dropped Slightly
After rising slightly the previous week, mortgage rates ticked down again during the week ending Sept. 25, according to Freddie Mac's Primary Mortgage...
FHFA Names Nina Nichols Deputy Director Of Enterprise Regulation
Nina Nichols has been promoted to deputy director of the Federal Housing Finance Agency's (FHFA) Division of Enterprise Regulation. Nichols joined the FHFA...
Nevada Supreme Court Decision Underscores HOA Lien Danger For Lenders
The Nevada Supreme Court recently upheld a law that allows homeowners associations (HOAs) to foreclose on homes ahead of first-mortgage providers - therefore,...
MBA: Applications For Refinances Fell 7% As Rates Edged Up
After falling dramatically the week of Labor Day, then bouncing back impressively the following week, mortgage application volume fell again during the week...
Heat Map Shows Impact Of Recession On Minority Originations
A recent report and accompanying 'heat map' published by the Urban Institute shows the disproportionate impact the economic crisis has had on the...
MISMO Awards First Premiere Level Product Certification To eLynx
The Mortgage Bankers Association's (MBA) Mortgage Industry Standards Maintenance Organization (MISMO) has given its first Premiere Level certification of a product to Expedite,...
How Man-Made Environmental Threats Affect The Housing Market
In many areas of the U.S., housing market trends are correlating with the presence of man-made environmental hazards, according to a new report...
Black Knight Expands Its Empower Loan Origination System
Black Knight Financial Services (BKFS) says it has significantly enhanced its Empower loan origination system with more technology capabilities to help lenders automate...
Freddie Mac: Housing Market Remained ‘Weak’ In July
Just how weak is the housing market? According to Freddie Mac's Multi-Indicator Market Index (MiMi), the housing market is 22.7% 'recovered' from its...
FHFA: U.S. Home Prices Rose 0.1% In July
U.S. home prices rose 0.1%, on a seasonally adjusted basis, in July compared to June and were up 4.4% compared to July 2013,...
More Than Half Of Americans Think Home Prices Will Keep Rising
Despite the fact that home price appreciation is moderating, with some areas of the country now witnessing month-over-month price declines, more than half...