MBA: Mortgage Application Volume Up 11.9% Last Week
With the holidays behind them - and a slight drop in interest rates - home shoppers got motivated again during the first full...
DataQuick Reveals Six-Year Highs And Lows For SoCal Housing
Southern California home sales fell to a six-year low for December, and the median price paid for a home jumped to the highest...
Freddie Mac Multifamily Prices First Securities Offering Of 2014
Freddie Mac recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. The approximately $1 billion issuance...
December Housing Scorecard Shows ‘Encouraging Signs’ Amid Fragile Recovery
Although there has been progress among many key indicators in the nation's housing market, the overall recovery remains fragile, says the U.S. Department...
Black Knight: 2013 Mortgages ‘Best-Performing Vintage On Record’
Due to stricter lending standards resulting mainly from increased investor and regulator oversight, mortgages originated in 2013 are proving to be the best...
Total Mortgage Services Gets $3.5M Loan From State Of Connecticut
Total Mortgage Services, one of the largest independent mortgage banks in the U.S., will receive a $3.5 million loan from the State of...
Fannie Mae: Housing Recovery To Help Drive Economic Growth
The housing market's continued improvement is expected to contribute to GDP and support accelerated economic growth this year, according to Fannie Mae's Economic...
Watt Announces New Special Advisors At FHFA
Mel Watt, newly appointed director of the Federal Housing Finance Agency (FHFA), has appointed four special advisors to provide counsel on policy and...
Freddie Mac: Mortgage Rates Flat During First Full Week Of 2014
Mortgage rates held steady during the first full week of 2014, according to Freddie Mac's Primary Mortgage Market Survey. For the week ending...
FinCEN Hits JPMorgan With $461M Fine In Connection With Madoff Scheme
After agreeing earlier this week to pay nearly $2.6 billion to settle several civil suits alleging that it failed to report evidence of...
FNF Reorganizes Former LPS Into Black Knight Financial Services
Fidelity National Financial Inc. (FNF) has reorganized the former Lender Processing Services Inc. (LPS) businesses into a formation of a wholly owned subsidiary...
G-Fee Hike Postponement Gains Support From Realtors
The National Association of Realtors (NAR) says it supports the FHFA's recent decision to delay Fannie Mae and Freddie Mac increases on guarantee...
MBA: Mortgage Credit Availability Flat In December
Mortgage credit availability increased slightly in December, according to the Mortgage Bankers Association's (MBA) monthly Mortgage Credit Availability Index (MCAI). The MBA notes...
MIAC Buys Mortgage Delivery Specialists
Mortgage Industry Advisory Corp. (MIAC), a provider of software solutions to the mortgage industry, has announced the acquisition of Mortgage Delivery Specialists (MDS),...
CFPB Empowers Borrowers To Fight Lender, Servicer Misdeeds
As part of its campaign to educate the public on its new mortgage rules going into effect on Jan. 10, the Consumer Financial...
NAHB: Smaller Markets Leading The Housing Recovery
Fifty-six out of approximately 350 metro areas nationwide returned to or exceeded their last 'normal' levels of economic and housing activity in December,...
MBA: Mortgage Application Volume Up As 2014 Begins
Mortgage application volume increased 2.6% during the week ending Jan. 3, 2014, compared to the week prior, according to the Mortgage Bankers Association's...
JPMorgan To Pay Nearly $2.6B In Connection With Madoff Scheme
JPMorgan Chase will pay $1.7 billion to settle allegations that it failed to report evidence of disgraced financier Bernard Madoff's Ponzi scheme to...
Fannie Mae: Housing Market Sentiment Improves; Recovery Is On ‘Firm Footing’
Year-over-year gains in Americans' attitudes toward homeownership demonstrate that the housing recovery continues to move forward on firm footing, despite a drop in...
Greystone Provides First Freddie Mac Revolving Credit Facility In Senior Housing
Greystone, a New York-based provider of multifamily and healthcare mortgage loans, has closed on the first-ever Freddie Mac Revolving Credit Facility for the...