Teraverde Financial Creates Four New Business Units
Teraverde Financial, a national consulting firm in the banking and financial industries, has formed four new business units: Teraverde Management Advisors, Teraverde Mortgage...
Black Knight: Home Prices Stayed Relatively Flat In January
U.S. home prices remained relatively flat during January, compared to December, but were up about 8% compared to January 2013, according to Black...
Zillow Creates Mortgage Pre-Approval Tool For Home Shoppers
Zillow Inc., an online real estate marketplace, has launched the Mortgage Pre-Approval tool, which enables home shoppers on Zillow to get pre-approved for...
Agencies Issue Proposed Rule On Minimum Requirements For AMCs
The Office of the Comptroller of the Currency (OCC) and five other agencies are seeking public comment on a proposed rule that would...
Freddie Mac: Job Growth, Purchase Market Will Go Hand In Hand
Despite rising mortgage rates and house prices, home sales will continue to increase this year as the labor market tightens and wages grow,...
Couples Want Independence When It Comes To Their Bank Account
Of individuals in relationships who have joint bank accounts with their significant other, 42% also maintain an individual account - but these decisions...
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...