DataQuick: California Mortgage Default Rate Up 6% In Q1
About 19,215 notices of default (NoDs) were recorded by California servicers during the first quarter, up 6% from 18,120 NoDs in the fourth...
Assurant Buys StreetLinks
Assurant Specialty Property, a provider of mortgage insurance and other specialty insurance products and services, has acquired StreetLinks, a provider of real estate...
MGIC Sees Revenue Rise Despite Mortgage Market Slowdown
Despite the fact that mortgage origination volume is way down compared to a year ago, things are on the up and up for...
FHFA: Home Prices Up 0.6% In February
U.S. home prices rose 0.6% in February, compared to January, on an adjusted basis, according to the Federal Housing Finance Agency's (FHFA) monthly...
Fannie Mae Multifamily Provides Consistent MBS Issuance In Q1
In the first quarter of this year, Fannie Mae issued approximately $3.5 billion of multifamily mortgage-backed securities (MBS), backed by new multifamily loans...
Housing Sector To Help Spur Slowed Economy, Says Fannie
Although a stagnant growth pattern dominated the first quarter, the economy is expected to gain momentum in the second quarter, in part due...
Freddie Mac: Mortgage Rates Tick Down For Second Straight Week
Fixed mortgage rates ticked down for a second week in a row during the week ending April 17, according to Freddie Mac's Primary...
FNC: Home Prices Up 0.5%, On Average, In February
U.S. home prices increased about 0.5%, on average, in February compared to January, according to FNC's Residential Price Index (RPI). The report is...
Mortgage Credit Tightened Slightly In March As Shift To Purchase Market Continues
Mortgage credit tightened slightly during March, with the average FICO score for closed loans rising to 725 from 724 in February, according to...
March Housing Starts Up Slightly; Permits Below Estimates
Housing starts reached a seasonally adjusted annual rate of 946,000 in March - about 2.8% above the revised February estimate of 920,000 -...
MBA: Mortgage Application Volume Up 4.3% Last Week
There are signs of new life in the housing market, as mortgage application volume increased 4.3% for the week ending April 11, on...
Wells Fargo Funding Expanding Acceptance Of E-Signatures, DocuSign Reports
DocuSign Inc. reports that its client, Wells Fargo Funding, is expanding its acceptance of e-signatures on mortgage documents. The news follows the Federal...
MBA: Mortgage Applications For New Homes Increased 15% In March
Mortgage applications for new home purchases increased by 15% in March compared to February, on an unadjusted basis, according to the Mortgage Bankers...
Home Builder Confidence Flat In April Despite Arrival Of Spring Buying Season
Despite the fact that the spring home buying season has arrived, builder confidence in the market for newly built, single-family homes was relatively...
NRMLA: Seniors Saw Home Equity Increase 12.5% In Past Two Years
Americans age 62 years and older now have more equity in their homes than at any time since mid-2008, according to the National...
United Wholesale Mortgage Launches Non-QM Program For Jumbos
United Wholesale Mortgage (UWM) has launched a new program designed for non-qualified mortgage (non-QM) jumbo loans called 'Big & Easy Plus.' 'There are...
Mortgage Rates Fall Back A Bit This Week
Now that the oppressive winter has died down and the spring home buying season has begun, average mortgage rates are also moving down...
Rising Foreclosure Starts, Auctions Boost Foreclosure Activity In March
While rising foreclosure starts and auctions contributed to a 4% increase in foreclosure activity for March, it was still 23% lower from the...
Zillow: How Sellers Should Prioritize Home Improvement
In this year's more crowded market, home sellers should avoid costly, larger-scale home renovations and focus more on the little things in order...
Woodward Asset Capital Launches Seller-Focused Real Estate Brokerage
The founders of Woodward Asset Capital, Ron Jasgur and Rod Carey, have introduced a new real estate brokerage, dubbed SellerNation, which focuses on...