Six Mortgage Insurers Team Up To Create Trade Association
Six mortgage insurance companies - Arch MI, Essent, Genworth, MGIC, National MI and Radian - have launched a new trade association called U.S....
TD Bank: Most Home Buyers Are Happy – But Still Stressed Out
While more than two-thirds of U.S. consumers give high ratings of their home buying experience with their bank or lender, they also continued...
CoreLogic: 4 Million Homes Returned To Positive Equity In 2013
Thanks to rising property values, about 4 million homes returned to positive equity in 2013, bringing the total number of mortgaged residential properties...
MBA: Application Volume Up Last Week As Rates Inched Down
After suffering through some harsh winter weather during January and February, it would appear that some home shoppers are finally coming out of...
RealtyTrac Releases ‘Heat Map’ Showing Where Investor Activity Is ‘Hot’
RealtyTrac has published a new 'heat map' showing where real estate investor activity is 'hottest' in the U.S. According to the property data...
Black Knight: Origination Volume Down As Market Continues To Heal
Mortgage delinquencies continued to fall in January, dropping 2.96% compared to December to reach 6.27% of all mortgages, according to Black Knight Financial...
CoreLogic: Home Prices Increased 0.9% In January
U.S. home prices increased 0.9% in January, compared to December, and were up 12% compared to January 2013, according to CoreLogic's Home Price...
RealtyTrac: Investor Activity Starting To Wane
A recent report from RealtyTrac shows that the level of institutional investor activity in the housing market has decreased in recent months; however,...
NAR: Pending Home Sales Flat In January
Pending home sales were essentially flat in January, rising just 0.1% to reach a score of 95.0 on the National Association of Realtors'...
Freddie Mac: Fixed Mortgage Rates Tick Up For Fourth Week; ARMs Inch Down
Rates for fixed-rate mortgages (FRMs) inched higher during the week ending Feb. 27, while rates for adjustable-rate mortgages (ARMs) declined slightly, according to...
FHFA: Mortgage Interest Rates Inched Up In January
Mortgage interest rates increased slightly in January, rising 0.11% compared to December, according to the Federal Finance Housing Agency (FHFA), conservator of government-sponsored...
Despite 2014’s Slow Start, Fannie Mae Sticks By Its Economic Forecast
Although harsh winter weather may have impacted the U.S. economy - slowing home sales, consumer retail spending and new construction - in January,...
House Bill Would Radically Reform The CFPB
A bill currently under debate in the U.S House of Representatives would significantly reform the Consumer Financial Protection Bureau (CFPB). H.R. 3193, the...
Societe Generale Settles With FHFA For $122 Million
Societe Generale will pay $122 million to settle claims brought by the Federal Housing Finance Agency (FHFA) that the bank sold faulty or...
Perry Appointed New Chairman Of Fannie Mae Board
Having reached the company's mandatory retirement age, Philip A. Laskawy will step down as chairman of the board of Fannie Mae, effective March...
Mortgage Application Volume Continues To Fall
On Feb. 2 - Groundhog Day - Punxsutawney Phil predicted we'd get six more weeks of winter. Well, so far it appears he...
Average New Home Size Has Increased 11% Since 2009
The average size of a new home has increased more than 11% since 2009, data from the U.S. Census Bureau shows. The data,...
A Flurry Of Promotions At The MBA
There's been a flurry of promotions at the Mortgage Bankers Association (MBA) as of late. On Wednesday, the MBA announced that it had...
New Home Sales Jump 9.6% In January
Although sales of existing homes fell 5.1% in January, compared to December, to reach the lowest level in a year and a half,...
Black Knight: Home Price Appreciation Near Flat In December
Home price appreciation was pretty much flat in December 2013, rising only about 0.1% compared to November, according to Black Knight Financial Services'...