Survey: Exterior Home Improvement Projects Offer Highest Returns
If you're gearing up to put your older home on the market and you think remodeling the kitchen and bathrooms is a top...
Where Are All The Construction Workers?
Although demand for new residential housing is strong among consumers, and spending on new construction is up overall, hiring in the construction industry...
CoreLogic: More Than Half Of REO Sales Still Cash
Cash sales of new and existing homes have leveled off in recent months; however, as of September, they continued to represent more than...
Mortgage Rates Drop Amid Signs Of Weakening Economic Recovery
Amid signs of a weakening economic recovery, average fixed mortgage rates fell for the week ending Jan. 16, according to Freddie Mac's Primary...
DataQuick: Bay Area Home Sales Hit Six-Year Low
Last month, California's Bay Area home sales were the slowest for a December in six years - the result of a constrained supply...
Housing Starts Fall Short Of Forecasts
Housing starts reached an estimated 999,000 for 2013, as of December, about 9.8% below the 1,107,000 that had been forecast as of November,...
Zillow: Minorities Encounter More Struggles In Homeownership
Blacks and Hispanics have a much different experience when it comes to homeownership and seeking a mortgage compared to whites, according to a...
Property Value Appreciation Nearing Peak, Stabilizing
While residential real estate appreciation trends continue to steadily rise, the previously rapid acceleration of values is starting to slow down, according to...
Freddie Mac Takes The Temperature Of The Housing Market
Four key housing indicators are all moving in the right direction, which bodes well for an ongoing recovery, according to Freddie Mac's U.S....
Ellie Mae Completes Acquisition Of MortgageCEO
Ellie Mae, an automated solutions provider, has completed its acquisition of substantially all the assets of ARG Interactive LLC (dba MortgageCEO), a provider...
Flagstar To Downsize Workforce, Reduce Expenses
Flagstar Bancorp Inc., the holding company for Flagstar Bank, has implemented an organizational restructuring to reduce expenses and enhance profitability. As part of...
MBA: Mortgage Applications For New Homes Down 11% In December
Mortgage applications for new home purchases decreased by 11% in December compared to November, according to the Mortgage Bankers Association's Builder Application Survey...
CFPB Fines Mortgage Lender $81K For Alleged Illegal Kickbacks
Missouri mortgage lender Fidelity Mortgage Corp. and its former owner and current president, Mark Figert, have been fined $81,076 by the Consumer Financial...
Ellie Mae: Purchase Loans Doubled In 2013
To close out the year, purchase loans represented more than half of closed loans - which was double the share from the beginning...
Prospect Mortgage Acquires Certain Assets Of Impac Mortgage
Prospect Mortgage reports that it has completed its acquisition of Excel Mortgage Servicing Inc.'s (dba Impac Mortgage) retail locations in four Western states....
Home Prices Increased Slightly In November
Home prices increased 0.5% in November, excluding distressed sales, according to FNC's Residential Price Index. The increase comes despite the fact that foreclosure...
Bank of America Posts Strong Q4, Despite Drop In Originations
Despite a significant decline in mortgage origination volume, Bank of America on Wednesday reported net income of $3.4 billion, or $0.29 per diluted...
Fannie Mae Prices Second Capital Markets Risk Sharing Transaction
Fannie Mae has priced its second credit risk sharing transaction under its Connecticut Avenue Securities (C-deals) series. According to Fannie Mae, the Series...
Zillow Now Powering Real Estate Listings For AOL Real Estate
Zillow Inc. has formed a partnership with AOL Real Estate and is now powering the site's home shopping experience. Zillow says home shoppers...
Despite Shrinking Mortgage Business, Wells Fargo Posts Stellar Fourth Quarter
Although its mortgage orignation volume is only half of what it was one year ago, Wells Fargo & Co. on Tuesday reported a...