The Golden State Shows Double-Digit Drop In Pending Home Sales
Seasonal factors, combined with shrinking housing affordability, cooled California pending home sales from both the previous month and year in November, according to...
Freddie Mac Expands First Look Period For Home Buyers
Home buyers looking to buy a primary residence or second home now have 20 days - under Freddie Mac's HomeSteps First Look Initiative...
Deutsche Bank To Pay $1.9B In Freddie Mac Settlement
Government-sponsored enterprise (GSE) Freddie Mac, in conjunction with Fannie Mae and the Federal Housing Finance Agency (FHFA), has entered into an agreement with...
New York Housing Market Showing No Signs Of Cooldown This Winter
The housing market in New York State continued its growth trend in November, according to a report by the New York State Association...
Housing, Economy Go Hand-In-Hand In Journey To Normal Levels
Recent data shows that the economy and the housing market continue to transition to more normal levels of activity and are poised to...
NAR: Existing-Home Sales Continued To Fall In November
Existing-home sales dropped 4.3% in November, on a seasonally adjusted basis, compared to October, according to the National Association of Realtors. Rising mortgage...
Freddie Mac: Housing Affordability Slipping For Most Americans
Housing affordability is slipping out of most Americans' grasp due to rising interest rates, increasing home prices and tightening credit, government-sponsored enterprise Freddie...
AMC Links Says New Correspondent Program A Success
AMC Links says its new correspondent program introduced in October is helping regional appraisal management companies (AMCs) become nationally competitive. The new program...
CFPB Aims To Educate Consumers About Its New Mortgage Rules
The Consumer Financial Protection Bureau (CFPB) has launched a nationwide campaign to educate the public about its new mortgage rules going into effect...
Ellie Mae: Mortgage Refinancings Increased In November
Mortgage refinancings increased six percentage points in November, month-over-month, according to Ellie Mae's Market Insight Report. Jonathan Corr, president and chief operating officer...
Freedom Mortgage Partners With National MI
To give its customers more loan options, Freedom Mortgage Corp., a national, full-service mortgage banker with retail, wholesale, correspondent and commercial origination and...
Optimal Blue Buys LoanSifter
In yet another example of ongoing consolidation in the mortgage technology and services market, Optimal Blue, a cloud-based provider of enterprise-level pricing, point-of-sale,...
MBA: Mortgage Application Volume Falls To Lowest Level In A Dozen Years
Mortgage application volume decreased 5.5%, on an adjusted basis, during the week ending Dec. 13, compared to the week prior, according to the...
FirstKey Lending Rolls Out New Program For Investors In Residential
Time to fire up that rental-backed securities machine... FirstKey Lending, which offers financing to investors in one- to four-family residential rental properties, has...
FHFA: HARP Volume Continues To Decline
Rising interest rates resulted in a significant decrease in refinancing volume during the third quarter, according to the Federal Housing Finance Agency's (FHFA)...
NAHB: Pent-Up Demand For New Housing Driving Builder Confidence
A lack of inventory of new homes is driving increased demand from home buyers who are determined to reside in new construction. This...
NAR Reveals Strong Advocacy For FHA
The National Association of Realtors (NAR) has praised the Federal Housing Administration (FHA) and released this statement by Steve Brown, president of NAR:...
FHFA Seeks Input On GSE Maximum Loan Limits
How gradually should maximum loan limits for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac be reduced? The Federal Housing Finance Agency (FHFA),...
Ginnie Mae Now Releasing Loan-Level Data Monthly
Ginnie Mae is now releasing loan-level data for existing, active single-family mortgage-backed securities (MBS) on a monthly basis. The first release of monthly...
Merrill Lynch Pays $132M To Settle SEC Claims Of CDO Misrepresentations
Bank of America Corp.'s Merrill Lynch division on Thursday reportedly agreed to pay a $131.8 million penalty to settle charges by the Securities...