Monday, November 18, 2024

Residential Mortgage

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...

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...