Monday, November 18, 2024

Residential Mortgage

CFPB Hires Three Experts To Fill Newly Created Positions

The Consumer Financial Protection Bureau (CFPB) has hired three experts to fill three newly created senior-level positions. As per a press release, Christopher...

Clear Capital: Recent Rise In REO Saturation Could Mean Price Declines Are Coming

A rise in the percentage of real estate owned (REO) properties sold in February signals that home prices could start to decline over...

Foreclosure Filings Plummet To Lowest Monthly Total Since 2006

Foreclosure filings (default notices, scheduled auctions and bank repossessions) were reported on 112,498 U.S. properties in February, which is down 10% from January...

New Home Sales, Loan Sizes Go Up In February

The Mortgage Bankers Association (MBA) estimates sales of new single-family homes were running at a seasonally adjusted annual rate of 533,000 units in...

SoCal Home Sales Give Yet Another Lackluster Performance

Southland home sales dropped to the lowest level for a February in six years, as many would-be buyers struggled with inventory constraints, credit...

The Dream Of Homeownership Is Still ‘Alive And Well’

While there is a strong demand among potential first-time buyers to enter the housing market in the next year, there are still existing...

MBA: Mortgage Application Volume Dipped Last Week

Mortgage application volume fell 2.1% during the week ending March 7, on an adjusted basis, compared to the previous week, according to the...

MBA: Mortgage Credit Loosened Slightly In February

Mortgage credit availability increased slightly in February, due mainly to an increase in the number of adjustable-rate mortgage (ARM) products being made available,...

MountainView Acquires McGuire Performance Solutions

Two firms in Arizona have joined forces: Denver-based MountainView Capital Holdings, a provider of analytic, asset management, and sales and trading services to...

Millennials Vs. Boomers: Generational Trends Of The Housing Market

Young home buyers remain optimistic and see their home as a good investment, while older buyers are more likely to trade down to...

Housing Recovery Keeps Pressing On, Despite Some Setbacks

Although there still remains room for improvement, the trends for housing and the economy - and Americans' outlook - have remained positive overall,...

Six Mortgage Insurers Team Up To Create Trade Association

Six mortgage insurance companies - Arch MI, Essent, Genworth, MGIC, National MI and Radian - have launched a new trade association called U.S....

TD Bank: Most Home Buyers Are Happy – But Still Stressed Out

While more than two-thirds of U.S. consumers give high ratings of their home buying experience with their bank or lender, they also continued...

CoreLogic: 4 Million Homes Returned To Positive Equity In 2013

Thanks to rising property values, about 4 million homes returned to positive equity in 2013, bringing the total number of mortgaged residential properties...

MBA: Application Volume Up Last Week As Rates Inched Down

After suffering through some harsh winter weather during January and February, it would appear that some home shoppers are finally coming out of...

RealtyTrac Releases ‘Heat Map’ Showing Where Investor Activity Is ‘Hot’

RealtyTrac has published a new 'heat map' showing where real estate investor activity is 'hottest' in the U.S. According to the property data...

Black Knight: Origination Volume Down As Market Continues To Heal

Mortgage delinquencies continued to fall in January, dropping 2.96% compared to December to reach 6.27% of all mortgages, according to Black Knight Financial...

CoreLogic: Home Prices Increased 0.9% In January

U.S. home prices increased 0.9% in January, compared to December, and were up 12% compared to January 2013, according to CoreLogic's Home Price...

RealtyTrac: Investor Activity Starting To Wane

A recent report from RealtyTrac shows that the level of institutional investor activity in the housing market has decreased in recent months; however,...

NAR: Pending Home Sales Flat In January

Pending home sales were essentially flat in January, rising just 0.1% to reach a score of 95.0 on the National Association of Realtors'...