First Horizon Settles With FHFA For $110 Million
Mortgage lender First Horizon National Corp., along with related companies and specifically named individuals, will pay $110 million to resolve claims by the...
Veros: Home Price Appreciation Will Be Mostly Flat For Next Two Years
Although home prices are forecast to rise another 3.4% over the next 12 months, home price appreciation is expected to remain relatively flat...
U.S. Homeownership Rate Falls To Lowest Level In 19 Years
Thanks to rising home prices, a lousy job market, stagnant wage growth, tighter credit and rising interest rates, the rate of homeownership in...
Freddie Mac: Interest Rates Dipped Slightly This Week
Fixed mortgage rates dipped slightly during the week ending May 1, according to Freddie Mac's Primary Mortgage Market Survey. The average rate for...
MBA: Mortgage Application Volume Falls To Lowest Level Since December 2000
Will the 2014 spring home shopping season ever kick into gear? Mortgage application volume decreased 5.9% for the week ending April 25, on...
NAR: Pending Home Sales Were Up 3.4% In March
Pending home sales rose 3.4% in March - the first increase in nine months - according to the National Association of Realtors' (NAR)...
FHFA Releases Results Of Fannie And Freddie Stress Tests
If government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac were taken out of conservatorship and returned to the private market, would they withstand...
S&P/Case-Shiller: U.S Home Prices Rose 0.8% In February
U.S. single-family home prices rose 0.8% in February compared to January, on an adjusted basis, beating expectations by a thin margin, according to...
CoreLogic: Completed Foreclosures Up 5.9% In March
About 48,000 foreclosures were completed in March, an increase of 5.9% compared to the approximately 45,000 completed in February and a 10% decline...
Black Knight: U.S. Home Prices Rose 0.7% In February
U.S. home prices rose about 0.7% in February and are now more than 13.5% off from their June 2006 peak, according to Black...
MIAC Handling Sale Of Fannie MSR Portfolio
Mortgage Industry Advisory Corporation (MIAC) is handling the sale of a $69 million Fannie Mae mortgage servicing rights (MSR) portfolio offered by a...
Barclays Settles With FHFA For $280 Million
Barclays Bank, along with related companies and specifically named individuals, will pay $280 million to settle claims brought by the Federal Housing Finance...
RealtyTrac: Home Sales Increased Slightly In March
Home sales increased slightly in March compared to February, according to RealtyTrac's Residential & Foreclosure Sales Report. Sales of single-family homes, condominiums and...
Freddie Mac Covers $270M In Credit Risk Insurance Polices
Freddie Mac says it has reduced taxpayer exposure by obtaining insurance policies covering up to a combined maximum of $269.5 million of losses...
MountainView Closes Sale Of Loan Portfolio With $60M UPB
MountainView Capital Group reports that it recently facilitated the sale of a residential whole loan portfolio with unpaid principal balance (UPB) of $60...
When It Comes To Condo Sales, Cash Is King
A recent post on the CoreLogic Insights Blog shows that since the recession began in 2008 more than 80% of condo sales in...
MIAC Facilitating Sale Of MSR Portfolio With $180.9M UPB
Mortgage Industry Advisory Corp. (MIAC) is facilitating the sale of a Fannie Mae/Freddie Mac/Ginnie Mae mortgage servicing rights (MSR) portfolio with unpaid principal...
Freddie Mac: Fixed Mortgage Rates Edge Up Again
After dropping for two consecutive weeks, fixed mortgage rates edged up again during the week ending April 24, according to Freddie Mac's Primary...
MBA: Homeownership Rate Keeps Dropping
With homeownership now out of reach for more Americans - due to a lackluster job market, stagnant wage growth, rising home prices, rising...
MBA: Average Mortgage Size Now At Highest In Survey History
Mortgage application volume decreased 3.3% during the week ending April 18, compared to the previous week, on an adjusted basis, according to the...