Tuesday, November 19, 2024

Residential Mortgage

Consumer Attitudes Toward Housing, Economy Improved In January

The number of Americans who believe it would be easy for them to get a mortgage increased by two percentage points to reach...

ARCP Completes Acquisition Of Cole Real Estate Investments

American Realty Capital Properties Inc. (ARCP) has closed its purchase of Cole Real Estate Investments Inc., positioning ARCP as the largest publicly traded...

Citigroup Settles Force-Placed Insurance Suit

Citigroup Inc. will reportedly pay $110 million to homeowners who were overcharged on force-placed insurance premiums. The settlement comes as the result of...

Freddie Mac: Rates Inch Down On Weaker Housing Data

Mortgage rates continued to inch down during the week ending Feb. 6, according to Freddie Mac's Primary Mortgage Market Survey. It was the...

First American To Buy Interthinx For $155 Million

First American Financial Corp., the second-largest U.S. title insurer, has agreed to buy mortgage technology and services company Interthinx Inc. from Verisk Analytics...

MBA: Mortgage Application Volume Increases Slightly

Mortgage application volume increased slightly during the week ending Jan. 31, driven mainly by a dip in mortgage interest rates, according to the...

Toll Brothers Completes $1.6 Billion Acquisition Of Shapell

Toll Brothers Inc., a builder of luxury homes, has completed its acquisition of the home-building operations of Shapell Industries LLC (Shapell Homes), a...

BofA Reaches $8.5B Accord With Investors Over Faulty MBS Claims

A New York state judge has approved Bank of America Corp.'s proposed $8.5 billion settlement with mortgage-bond investors including BlackRock Inc. and Pacific...

Freddie Mac: Refinance Share Of Mortgage Activity To Fall To 38% In 2014

Everyone knows that refinancing volume fell considerably in 2013, due to rising interest rates - so what is the forecast for 2014? Government-sponsored...

CoreLogic: Home Prices Have Increased For 22 Months Straight

U.S. home prices have been increasing steadily for 22 months, according to CoreLogic. According to the firm's monthly home price index (HPI) report,...

Real Estate Mortgage Network Is Now HomeBridge Financial Services

To better reflect its focus on making the home mortgage process easier for customers, Real Estate Mortgage Network Inc. (REMN), one of the...

Black Knight: Foreclosure Timelines Putting A Drag On Recovery

Although mortgage delinquencies and foreclosures have fallen considerably during the past two to four years, longer foreclosure timelines, particularly in the judicial states,...

Fannie Mae, Lenders Financed $28.8B In Multifamily Loans Last Year

Fannie Mae provided $28.8 billion in financing to the multifamily market in 2013, working with lender partners to finance 507,000 units of multifamily...

RealtyTrac: House Flipping Up 16% in 2013

'In my grandfather's America, houses weren't for flipping - they were for living in,' President Barack Obama said in a speech on housing...

Freddie Mac, EPA To Increase Affordability Of Multifamily Housing

The U.S. Environmental Protection Agency (EPA)'s Energy Star program and Freddie Mac have signed an agreement that will help to cut carbon pollution...

California’s Luxury Home Market Thrives In 2013

The number of California homes that sold for a million dollars or more rose last year to the highest level in six years...

Freddie Mac: Mortgage Rates Inch Down Slightly For Third Week

Mortgage rates dipped slightly for a third week in a row during the week ending Jan. 30, according to Freddie Mac's Primary Mortgage...

CoreLogic: U.S. Home Prices Up 11.2%, Year-Over-Year, In Q3

Two days after the S&P Dow Jones/Case-Shiller home price index (HPI) reported that U.S. home prices had increased 13.7%, on average, from November...

FHFA: Mortgage Interest Rates Increased Slightly In December

Contract mortgage interest rates inched up 0.03% in December, compared to November, according to the Federal Housing Finance Agency (FHFA). The average rate...

NAR: ‘Abnormal’ Weather Slowed December Pending Home Sales

Due in part to 'abnormal' and 'disruptive' winter weather, pending home sales dropped 8.7% in December, compared to November, to reach the lowest...