Tuesday, November 19, 2024

Residential Mortgage

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...

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...