Thursday, September 26, 2024

Residential Mortgage

MBA: Mortgage Application Volume Down For Fifth Straight Week

So far it is shaping up to be a lackluster spring home shopping season, as composite mortgage application volume fell 1.6% during the...

MBA: Mortgage Credit Availability Increased Slightly In March

Mortgage credit availability increased slightly in March, driven mainly by the introduction of new jumbo loan products with less stringent credit requirements, according...

March Housing Scorecard Gives Good News And Bad

Although there have been countless recent data trends showing progress - but still room for improvement - among key indicators in housing, the...

Citi Agrees To Pay $1.13 Billion To Settle Investor Claims

Citigroup will pay $1.13 billion to settle claims brought by investors over faulty mortgage-backed securities that the bank sold from 2005 to 2008....

CoreLogic, Equifax Team Up For Mortgage Applicant Verification Service

CoreLogic has reached an agreement with Equifax to offer The Work Number, a solution offered through Equifax Workforce Solutions, as part of the...

NeighborWorks America Announces Top Financial Contributors

NeighborWorks America has given its private-sector awards, with financial institutions and their related foundations sweeping all categories and awardees investing more than $127...

Consumer Attitudes Of Housing Strike All-Time Highs And Lows

Although recent month-to-month volatility in the housing market has softened the ongoing recovery, consumer attitudes have continued to move in a positive direction...

Black Knight: Pending Loan Mod Resets Could Lead To Rising Re-Defaults

About 95% of rate reduction modifications are still facing resets - with many of those resets starting this fall, according to Black Knight...

Housing Showing ‘Promising Signs’ For Spring Buying Season

The majority of the nation is now running at normal levels of economic and housing activity, with 83% of metro areas showing an...

Freddie Mac Chooses Clear Capital For Appraisal Data Validation

Government-sponsored enterprise (GSE) Freddie Mac has chosen Clear Capital's ClearQC valuation review product to power its collateral review of appraisals submitted through the...

HUD Kicks Off This Year’s Fair Housing Month

The time of the year has come for the U.S. Department of Housing and Urban Development (HUD) to begin Fair Housing Month, when...

FHLBank San Francisco Aids First-Time Home Buyers

The Federal Home Loan Bank (FHLBank) of San Francisco has allocated $9 million to its 2014 Workforce Initiative Subsidy for Homeownership (WISH) and...

Major Metros Showing ‘Early Signs’ Of A Housing Bubble

More than half the homes currently on the market in seven major American metros are currently unaffordable for local residents, forcing them to...

Secure Settlements Seeks To Protect Lenders From Losses

Secure Settlements Inc. (SSI), a data intelligence and risk analytics company for the mortgage industry, has partnered with RFIB Group Ltd. and certain...

Ellie Mae Falls To DDoS Attack

Loan origination system provider Ellie Mae reports that recent network outages that made its Web-based Encompass software unavailable to users may have been...

MBA: Application Volume Falls For Eighth Straight Week

Still no sign of those elusive spring home buyers, as mortgage application volume decreased 1.2%, on an adjusted basis, for the week ending...

NAR: Vacation-Home Sales Rebounded In 2013

As the wealth gap in the U.S. continues to widen, the rich are apparently starting to invest in vacation homes again. According to...

Manhattan Buyers Will Need To ‘Act Fast,’ Warns StreetEasy

The Manhattan market continues to heat up as the spring home buying season nears, with overall median sale prices up 6.5% to $900,000...

Report: FBI Investigating ‘Unusual’ Changes To FEMA Flood Maps

The FBI is reportedly investigating whether employees at the Federal Emergency Management Agency (FEMA) made 'unusual' changes to flood maps so as to...

NAHB: What Home Buyers Are Looking For These Days

Home builders from across the U.S. have revealed what they consider the most important features to include in a typical single-family home this...