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...
Clear Capital: Rising P/E Ratios Mean Investors Must Do Their Homework
With home prices now stabilizing, investors looking to get in on the rental market are going to have to conduct a more careful...
Down Payment Assistance Program Offered For Long Islanders
The Community Development Corp. of Long Island (CDCLI) Funding Corp. has partnered with the Housing Development Fund (HDF) to allow first-time home buyers...
Top 10 Markets For First-Time Home Buyers Revealed
Realtor.com has named the top 10 markets for first-time home buyers for the upcoming home buying season. In this report, realtor.com examined five...
RealtyTrac: February Home Sales Dipped; Foreclosure Inventory Drying Up
U.S. home sales dipped in February compared to January, due mainly to a drop in distressed sales and a corresponding decline in investor...
MBA: Average Profit Per Loan Dropped By 80% In Fourth Quarter
The net profit independent mortgage banks made on each loan they originated in the fourth quarter of 2013 dropped by nearly 80% compared...
NAR: Pending Home Sales Down For Eighth Consecutive Month
After reporting last week that existing-home sales for February were down about 0.4%, compared to January, and down about 7.1% compared to February...
Despite Investor Demand, Few Second-Lien Mortgages Offered For Sale
A report from MountainView Capital Group shows that despite strong demand from investors, very few home equity loans and reverse mortgages were offered...
MBA: Refinance Volume Reaches Lowest Level Since April 2010
Mortgage application volume dropped 3.5% last week, on a seasonally adjusted basis, compared to the week prior, according to the Mortgage Bankers Association's...
Bank of America Settles With FHFA For $9.3 Billion
Bank of America has agreed to pay $9.3 billion to the Federal Housing Finance Agency (FHFA) to settle claims that it sold faulty...
That Was Quick: CoreLogic Closes Acquisition Of DataQuick
Following Monday's news that CoreLogic had reached an agreement with the Federal Trade Commission (FTC) regarding its acquisition of DataQuick, the company on...
CoreLogic’s Plan To Acquire DataQuick Clears Major Hurdle
CoreLogic's plan to acquire DataQuick for around $661 million overcame a major hurdle Monday after CoreLogic agreed to resolve objections from the Federal...
DeMarco Stepping Down From Deputy Director Role At FHFA
Edward J. DeMarco, former interim director at the Federal Housing Finance Agency (FHFA), is reportedly stepping down from his current role as deputy...
S&P/Case-Shiller: Home Prices Near Frozen In January
U.S. home prices inched up by only 0.1% in January compared to December and, in fact, actually went down in some markets, according...
February New Home Sales Lagged Slightly Behind Forecasts
Sales of new single-family houses in February were at a seasonally adjusted annual rate of 440,000 - about 3.3% below the revised January...