Home Price Appreciation Near Frozen In December
Home price appreciation lost some momentum in December, declining 0.3% compared to November, according to the S&P/Case-Shiller Home Price Indices. Despite the dip,...
NRMLA: Seniors’ Home Equity Increases For Sixth Straight Quarter
As of the third quarter of 2013, Americans aged 62 years and older had more equity in their homes than at any time...
Housing Starts Took A Dive In January Due To Harsh Winter
Housing starts fell 16% to a seasonally adjusted annual rate of 880,000 units in January, due mainly to unusually harsh winter weather across...
CoreLogic To Sell Asset Management And Processing Solutions Segment
As part of its previously announced strategic business plan, CoreLogic says it is looking to sell its Asset Management and Processing Solutions (AMPS)...
RealtyTrac: Average House Payment Has Risen 21% In Past Year
Rising home prices and increasing interest rates have combined to make homeownership less affordable than ever, a new report from RealtyTrac shows. According...
Lenders Must Focus On Spread Between Market Value And Replacement Cost
In the current real estate market, home buyers can purchase homes beyond their wildest dreams in terms of size and amenities. This sounds...
GSEs Offering Incentives To Bolster REO Sales
Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac recently introduced new incentives to bolster home sales through their HomePath and HomeSteps programs, respectively,...
Zillow: Housing Market Is On ‘Road Back To Normal’
As more inventory of for-sale homes helped slow previously high rates of appreciation, from December to January, national home values saw the smallest...
Inlanta Mortgage Receives Freddie Mac Agency Approval
Brookfield, Wis.-based lender Inlanta Mortgage Inc. has been granted approval with government-sponsored enterprise Freddie Mac. Under Freddie Mac's agency approval, approved lenders such...
Deliquency, Foreclosure Rates Welcomed Back To Pre-Crisis Levels
The end of 2013 showed broad improvements in delinquency and foreclosure rates, dropping to their lowest levels in six years, reports the Mortgage...
MBA: Application Volume Fell 4% Last Week
Mortgage application volume decreased 4.1% on a seasonally adjusted basis during the week ending Feb. 14 compared to the previous week, according to...
Freddie Mac: Will Housing Take Gold In 2014?
Despite the Federal Reserve's taper activity, long-term rates have eased over the past month, providing a chance for some borrowers who are holding...
Severe Winter Weather Brings Chill To Housing Market
As the result of unusually strong winter storms, January home sales fell lower while prices continued a trend of double-digit increases, according to...
Amid Fed’s Comments, Mortgage Rates Increase Slightly
The 30-year fixed-rate mortgage (FRM) has risen for the second consecutive week to 4.18% - up four basis points from 4.14% from the...
Moody’s: New Jumbo RMBS Benefit From Drop In Mortgage Refinancing
Lower mortgage refinancing volume could lead to a higher proportion of purchase loans in new jumbo residential mortgage-backed securities (RMBS), boosting the credit...
WBK, Clayton Holdings To Begin CFPB Examination Readiness Program
Weiner Brodsky Kider PC (WBK) - a Washington, D.C.-based law firm focused on compliance, regulatory, transactional and litigation legal services - has selected...
LRES Deploys New REO Operating System
LRES, an Orange County, Calif.-based provider of residential and commercial valuations and asset management, has implemented a new REO operating model. The company...
National Tax Search Now Offers Flood Determination Services
National Tax Search (NTS), a Chicago-based provider of property tax management services, has launched flood determination services. Services are provided through NTS' service...
MBA: New Home Sales Jumped 36% In January
Although sales of existing homes have been languishing as of late, strong demand for new construction is driving up new home sales, the...
MISMO Releases Residential Reference Model Version 3.3
The Mortgage Industry Standards Maintenance Organization (MISMO) has released version 3.3 of its Residential Reference Model, which will now undergo a 30-day intellectual...