Friday, September 27, 2024

Residential Mortgage

Veros: 20% Of U.S. Homes To See Price Depreciation Over Next Year

Home price appreciation will continue to slow over the next year; however, as is to be expected, some areas will see greater slowing...

NAR: Pending Home Sales Fell Slightly In June

Pending home sales dipped 1.1% in June compared to May and were down 7.3% compared to May 2013, according to the National Association...

Black Knight: U.S. Home Prices Up 0.9% In May

U.S. home prices crept up 0.9% in May compared to April but were still down 11.1% compared to the peak in June 2006,...

Ellie Mae Rolls Out New Borrower Self-Service Solution

When it comes to applying for a mortgage, today's Gen X and Gen Y borrowers don't want to spend a lot of time...

FHFA: U.S. Home Prices Inched Up Again In May

U.S. home prices inched up 0.4% on average in May compared to April, according to figures released this week by the Federal Housing...

Freddie Mac: Housing Market Recovery Basically ‘Flat’ In May

Although more U.S. housing markets moved into the 'stable range' of housing activity in May, most remained 'stalled' largely due to a significant...

New Home Sales Dropped 8.1% In June As Production Fell

Sales of new single-family homes fell a dramatic 8.1% in June, compared to May, and were down 11.5% compared to June 2013, according...

Ginnie Mae To Go Paperless Starting Sept. 1

Ginnie Mae reports that it is moving from a paper-based issuer application process to an electronic system. Starting Sept. 1, applicants will be...

Zillow To Buy Trulia?

Rumors are swirling that online real estate listing service Zillow Inc. is seeking to acquire rival Trulia Inc. Zillow could pay as much...

MBA: Mortgage Application Volume Seesawing In July

Mortgage application volume continued to seesaw, increasing 2.4%, on an adjusted basis, during the week ending July 18 after dropping slightly the previous...

NAR: Existing-Home Sales Increased 2.6% In June

Existing-home sales increased to a seasonally adjusted annual rate of 5.04 million in June from an upwardly revised 4.91 million in May -...

Freddie Mac’s July Outlook Shows Mixed Results After ‘Bittersweet’ First Half

As we head into the second half of 2014, there is a mixed bag of results for the housing recovery, according to government-sponsored...

Man Wins $16M In Mortgage Modification Fraud Battle

A California man has been awarded nearly $16 million after a mortgage modification battle with PHH Mortgage Corp., a subsidiary of PHH Corp....

New York Home Sellers Enjoyed Gains During First Half Of Year

Home sellers across New York State saw more offers near or at their asking price during the first half of 2014 - receiving...

Home Values In Many Markets Will Not Recover Until At Least 2017

The housing recovery is still very much in its middle stages, as home values in half of the nation's 100 largest metro areas...

Greystone Creates Seniors Housing Investment Sales And Advisory Group

Greystone, a national provider of multifamily and healthcare mortgage loans, has launched a seniors housing real estate sales and investment advisory group through...

Fannie Mae Prices Fourth And Largest Credit Risk Sharing Transaction

Government-sponsored enterprise Fannie Mae has priced its fourth - and largest - credit risk sharing transaction under its Connecticut Avenue Securities (C-deals) series....

Altisource To Acquire Mortgage Builder Software

Altisource Portfolio Solutions SA - a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries - has entered...

Mortgage Rates Keep Moving Down, Little By Little

Average fixed mortgage rates moved down slightly this week to remain near historic lows, according to the results of Freddie Mac's Primary Mortgage...

Zillow Buys Canadian Real Estate Software Company Retsly

Real estate marketplace Zillow Inc. says it has acquired Vancouver, British Columbia-based Retsly, a software company that normalizes real estate data from multiple...