Friday, September 27, 2024

Residential Mortgage

Ellie Mae: Lenders Working ‘Harder Than Ever’ To Close Loans

Ellie Mae's lender pull-through closing rate reached 60.7% for the month of June - the first time it has topped 60% - according...

CFPB Wants To Let Consumers Share Complaints With The Public

The Consumer Financial Protection Bureau (CFPB) is proposing a new policy that would allow consumers to publicly voice their complaints about consumer financial...

Housing Market In The Twin Cities Shows Strong Performance In June

While the Twin Cities (Minneapolis and St. Paul) cashed in on being chosen as the site for this year's Major League Baseball All-Star...

Black Knight Introduces Solution To Streamline Mortgage Loan Closings

Black Knight Financial Services and Wells Fargo Home Mortgage have collaborated to develop a new Web-based technology, Closing Insight, to help lenders and...

W.J. Bradley Adds Mortgage Programs For Prime Borrowers In Untapped Market

W.J. Bradley Mortgage Capital LLC, a Centennial, Colo.-based privately held mortgage banking firm, has introduced WJB | ONE, a portfolio of specialized first-mortgage...

RealtyTrac And RE/MAX Form Strategic Partnership

RealtyTrac and RE/MAX LLC have formed a new agreement that allows RE/MAX agents and their clients to have real-time access to RealtyTrac's nationwide...

CoreLogic: More Than 6.5 Million U.S. Properties At Storm Surge Risk

Talk about underwater. Florida is the state with the highest number of properties at risk of storm surge damage, with nearly 2.5 million...

MBA: Applications For New Home Purchases Dropped In June

Applications for new home purchases decreased 5% in June compared to May, on an unadjusted basis, according to the Mortgage Bankers Association (MBA)...

FHFA Seeks Input On New Private Mortgage Insurer Eligibility Requirements

The Federal Housing Finance Agency (FHFA) is asking for feedback on the proposed new Private Mortgage Insurer Eligibility Requirements (PMIERs) that were recently...

Court Dismisses Miami’s Discrimination Lawsuit Against Bank Of America

A U.S. District Court judge has reportedly dismissed a mortgage discrimination lawsuit brought against Bank of America Corp. by the City of Miami,...

MBA: Mortgage Applications Up 1.9% After Five Weeks Of Declines

After declining for five straight weeks, mortgage applications increased 1.9%, on an adjusted basis, during the week ending July 4, according to the...

NAR: International Buyers Now Account For About 7% Of U.S. Home Sales

International home buyers - including those who recently immigrated to the U.S. - purchased an estimated $92.2 billion in real estate from April...

MBA: Mortgage Credit Availability Increased Slightly In June

Mortgage credit availability increased 0.6% in June to reach an index score of 115.8 on the Mortgage Bankers Association's (MBA) Mortgage Credit Availability...

MBA: Mortgage Application Volume Held Steady Last Week

Mortgage application volume more or less held steady during the week ending June 27, dropping just 0.2% compared to the previous week, according...

CoreLogic: Home Prices Inched Up 1.4% In May

When it comes to home price appreciation, the days of double-digit, year-over-year increases appear to be behind us for now. Home prices increased...

NAR Has Concerns With FHA’s New HAWK Program

While the National Association of Realtors (NAR) is generally in support of the Federal Housing Administration's (FHA) efforts to reduce mortgage insurance premiums...

NAR: Pending Home Sales Up 6.1% In May

Pending home sales increased 6.1% in May, compared to April - the largest month-over-month gain since April 2010, according to the National Association...

Mortgage Interest Rates Dropped In May

Mortgage interest rates dropped in May compared to April, according to the Federal Housing Finance Agency's Monthly Interest Rate Survey. Specifically, the average...

MBA Teams With Operation HOPE

The Mortgage Bankers Association (MBA) and Operation HOPE, a nonprofit private bank for the working poor, are teaming up to help more renters...

Freddie Mac’s MiMi Shows That Housing Recovery Has Stalled

Despite the fact that mortgage rates remain near historic lows, home price appreciation is stabilizing, delinquencies are dropping and the national unemployment rate...