Zillow: Housing Market Is On ‘Road Back To Normal’
As more inventory of for-sale homes helped slow previously high rates of appreciation, from December to January, national home values saw the smallest...
Inlanta Mortgage Receives Freddie Mac Agency Approval
Brookfield, Wis.-based lender Inlanta Mortgage Inc. has been granted approval with government-sponsored enterprise Freddie Mac. Under Freddie Mac's agency approval, approved lenders such...
Deliquency, Foreclosure Rates Welcomed Back To Pre-Crisis Levels
The end of 2013 showed broad improvements in delinquency and foreclosure rates, dropping to their lowest levels in six years, reports the Mortgage...
MBA: Application Volume Fell 4% Last Week
Mortgage application volume decreased 4.1% on a seasonally adjusted basis during the week ending Feb. 14 compared to the previous week, according to...
Freddie Mac: Will Housing Take Gold In 2014?
Despite the Federal Reserve's taper activity, long-term rates have eased over the past month, providing a chance for some borrowers who are holding...
Severe Winter Weather Brings Chill To Housing Market
As the result of unusually strong winter storms, January home sales fell lower while prices continued a trend of double-digit increases, according to...
Amid Fed’s Comments, Mortgage Rates Increase Slightly
The 30-year fixed-rate mortgage (FRM) has risen for the second consecutive week to 4.18% - up four basis points from 4.14% from the...
Moody’s: New Jumbo RMBS Benefit From Drop In Mortgage Refinancing
Lower mortgage refinancing volume could lead to a higher proportion of purchase loans in new jumbo residential mortgage-backed securities (RMBS), boosting the credit...
WBK, Clayton Holdings To Begin CFPB Examination Readiness Program
Weiner Brodsky Kider PC (WBK) - a Washington, D.C.-based law firm focused on compliance, regulatory, transactional and litigation legal services - has selected...
LRES Deploys New REO Operating System
LRES, an Orange County, Calif.-based provider of residential and commercial valuations and asset management, has implemented a new REO operating model. The company...
National Tax Search Now Offers Flood Determination Services
National Tax Search (NTS), a Chicago-based provider of property tax management services, has launched flood determination services. Services are provided through NTS' service...
MBA: New Home Sales Jumped 36% In January
Although sales of existing homes have been languishing as of late, strong demand for new construction is driving up new home sales, the...
MISMO Releases Residential Reference Model Version 3.3
The Mortgage Industry Standards Maintenance Organization (MISMO) has released version 3.3 of its Residential Reference Model, which will now undergo a 30-day intellectual...
Bank Of America Trims Another 450 Mortgage Workers
Bank of America is reportedly cutting about 450 jobs in its mortgage division after origination volume fell short of internal forecasts. Most of...
California Home Sales Start Out 2014 On A Low Note
For the month of January, California saw a 26.1% decrease from December of new and resale houses and condos sold statewide, as well...
Fixed Mortgage Rates Barely Budge This Week
Following a week of light economic reports, averaged fixed mortgage rates remained largely unchanged, according to Freddie Mac's Primary Mortgage Market Survey for...
MBA: Mortgage Application Volume Dipped 2% Last Week
After increasing slightly for three consecutive weeks, mortgage application volume dipped 2%, on an adjusted basis, during the week ending Feb. 7, as...
Fannie Mae: Nearly Half Of Eligible Homeowners Never Refinance
Despite the fact that mortgage interest rates have been historically low for the past three years, nearly half of homeowners who are eligible...
MBA: Mortgage Credit Availability Increased In January
Mortgage credit availability increased slightly in January, according to the Mortgage Bankers Association's Mortgage Credit Availability Index (MCAI) report. Credit availability increased 1.85%...
NAR: Home Affordability Slipping As Prices, Interest Rates Rise
Home price appreciation continued to moderate in most markets during the fourth quarter, according to the National Association of Realtors' (NAR) Housing Affordability...