Premier Mortgage Goes From Mortgage Company To… Marijuana Company?
Premier Mortgage Resources Inc. is moving completely outside its realm of providing mortgage products and has acquired a new business: a line of...
If You’re Not Mobile, You’re No One
Going into 2014, one thing is perfectly clear: You've got to go mobile or go home. Last year, scores of consumers took to...
RealtyTrac Releases ‘Heat Map’ Charting Fall And Rise Of Housing Market
RealtyTrac has created an interactive 'heat map' charting the fall and rise of the housing market over the last eight years. A dropdown...
Credit Suisse Settles With FHFA For $885 Million
Credit Suisse Group has agreed to pay $885 million to settle lawsuits brought by the Federal Housing Finance Agency (FHFA) over faulty mortgages...
Freddie Mac: Mortgage Rates Ticked Down Slightly, But It Won’t Last
Mortgage rates ticked down slightly this week, according to Freddie Mac's Primary Mortgage Market Survey - however, with the Federal Reserve's announcement that...
NAR: Existing-Home Sales Down Slightly In February
Just as was the case in January, rising home prices, tighter lending standards, increasing mortgage interest rates, limited inventory, harsh winter weather and...
MBA: Mortgage Application Volume Falls For Second Week
It would appear that the 9% spike in mortgage application volume three weeks ago was merely an anomaly. According to the Mortgage Bankers...
First E-Closing Of An FHA Loan Celebrated
Stewart Title and Mountain America Credit Union recently completed the industry's first-ever e-closing of a Federal Housing Administration (FHA) loan. The e-closing was...
Ellie Mae: Credit Has Loosened Considerably Since This Time Last Year
Although credit requirements remained unchanged from January to February, there has been significant loosening of credit compared to February 2013, according to Ellie...
NAR, Move File Suit Against Zillow; Zillow Hires Former Move Exec
Move Inc., a provider of real estate websites such as Realtor.com (the website for the National Association of Realtors ), has filed a...
Housing Starts Fell Slightly In February, But Permits Are Up
Housing starts fell 0.2% in February compared to January to reach a seasonally adjusted annual rate of 907,000, according to figures released Tuesday...
Urban Institute: Minorities Disproportionately Impacted By Tightening Credit
A new report from the Urban Institute estimates that as many as 1.2 million potential home buyers - most of them minorities -...
NAHB: Home Builders Just Aren’t Psyched For Spring
Home builders are typically optimistic about the market for new homes as spring approaches - but not so much this year. According to...
Fixed Mortgage Rates Edge Up Again
After falling slightly the week prior, fixed mortgage rates edged up again during the week ending March 13, according to Freddie Mac's Primary...
CFPB Hires Three Experts To Fill Newly Created Positions
The Consumer Financial Protection Bureau (CFPB) has hired three experts to fill three newly created senior-level positions. As per a press release, Christopher...
Clear Capital: Recent Rise In REO Saturation Could Mean Price Declines Are Coming
A rise in the percentage of real estate owned (REO) properties sold in February signals that home prices could start to decline over...
Foreclosure Filings Plummet To Lowest Monthly Total Since 2006
Foreclosure filings (default notices, scheduled auctions and bank repossessions) were reported on 112,498 U.S. properties in February, which is down 10% from January...
New Home Sales, Loan Sizes Go Up In February
The Mortgage Bankers Association (MBA) estimates sales of new single-family homes were running at a seasonally adjusted annual rate of 533,000 units in...
SoCal Home Sales Give Yet Another Lackluster Performance
Southland home sales dropped to the lowest level for a February in six years, as many would-be buyers struggled with inventory constraints, credit...
The Dream Of Homeownership Is Still ‘Alive And Well’
While there is a strong demand among potential first-time buyers to enter the housing market in the next year, there are still existing...