Wednesday, September 25, 2024

Residential Mortgage

Lisa Binkley: New Regulations Will Create New Opportunities For Lenders

What a year of ups and downs it was for the mortgage industry. While most industry experts agree that 2013 was the year...

Freddie Mac Offers First Multifamily K Certificates Of 2014

Freddie Mac has announced a new offering of Structured Pass-Through Certificates (K Certificates) backed exclusively by fixed-rate multifamily mortgages with a seven-year term....

Clear Capital: In The Race To Recovery, Expect ‘Tortoises’ To Win

Home prices increased about 11.3% in 2013, according to Clear Capital's Home Data Index (HDI) Market Report. Home prices increased for 10 consecutive...

MountainView: $201M In Fannie MSRs Up For Bid

MountainView Servicing Group reports that it is facilitating the sale of more than $201 million in mortgage servicing rights (MSRs) going up for...

FHFA Recouped Nearly $8 Billion Through Settlements In 2013

The Federal Housing Finance Agency (FHFA), conservator of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, reports that it recovered nearly $8 billion...

Mortgage Rates Rise 0.8% Heading Into 2014

As was expected, mortgage rates continued to edge higher as 2013 came to close. According to Freddie Mac's weekly Primary Mortgage Market Survey,...

S&P/Case-Shiller HPI: Price Appreciation Continues To Flatten

In line with data released earlier this week by the Federal Housing Finance Agency and technology vendor Lender Processing Services showing that home...

CFPB Increases Asset-Size Exemption Thresholds For Lenders

The Consumer Financial Protection Bureau (CFPB) has increased the asset-size exemption threshold for mortgage lenders under Regulation C, which implements the Home Mortgage...

Becky Walzak: Lenders Will Increase Focus On Risk Management In 2014

No doubt, 2013 was a year of transition for the mortgage industry. Many will remember it as the year in which the housing...

Data Shows Home Price Appreciation Slowing

Home price appreciation continued to flatten in October, rising only 0.1% compared to September, according to Lender Processing Services' (LPS) monthly First Look...

2013 Finishing On ‘Soft Note’ As Pending Home Sales Increase Only Slightly

In November, pending home sales stabilized with a slight gain, and monthly increases in the South and West offset declines in the Northeast...

Vegas Home Sales Hit Five-Year Low

Las Vegas-area home sales fell last month to the lowest level for a November in five years - the result of a constrained...

Randy Schmidt: Lenders Must Find New Ways To Generate Business In 2014

For the mortgage banking industry, 2013 might as well have been 'The Year of Regulatory Anxiety and Confusion.' Lenders spent the better part...

National City Bank To Pay $35M To Settle Mortgage Discrimination Suit

National City Bank will pay $35 million to settle a complaint brought by the Consumer Financial Protection Bureau (CFPB) and the Department of...

Mortgage Rates Continue To Rise

Mortgage rates continued to rise this week - due in part to the Federal Reserve's announcement last week that it would start tapering...

FNF Bid To Acquire LPS Clears Another Hurdle

Fidelity National Financial Inc.'s (FNF) bid to acquire Lender Processing Services Inc. (LPS) cleared a major hurdle on Tuesday, when the deal won...

Sales Of New Single-Family Houses Up 16.6% From Last Year’s Estimate

Sales of new single-family houses in November were at a seasonally adjusted annual rate of 464,000, according to estimates released jointly by the...

FHFA Reveals Decrease In Mortgage Interest Rates For November

Contract mortgage interest rates decreased 0.1% from October to November, according to the Federal Housing Finance Agency's (FHFA) index of new mortgage contracts....

Refinance Application Volume Plummets To Five-Year Low

Mortgage applications decreased 6.3% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the...

Home Value Appreciation Stays Strong In November, Expected to Slow Next Year

National home values continued to rise in November, increasing 0.6% from October to a Zillow Home Value Index of $168,900, according to the...