MBA: Available Mortgage Credit Increased In July
Mortgage credit availability increased in July, according to the Mortgage Bankers Association's (MBA) Mortgage Credit Availability Index (MCAI). The index, which analyzes data...
CoreLogic Intros New BPO Evaluation Service
CoreLogic has rolled out a new broker price opinion (BPO) evaluation service designed to help capital market investors and due diligence providers assess...
Equifax: Severe Mortgage Delinquencies Hit Five-Year Low In June
New research from Equifax shows that first mortgage severe delinquencies reached a five-year low in June. According to the firm's National Consumer Credit...
Redfin Launches Price Whisperer Service
Real estate brokerage Redfin has launched a new service that gives potential home sellers feedback on a 'test' price from hundreds of buyers...
Freddie Mac: Seesawing Mortgage Rates Inched Up Again
After two consecutive weeks of modest decline, mortgage rates inched up slightly during the past week; however, government-sponsored enterprise Freddie Mac points out...
CoreLogic: Rising Home Prices To Flatten In 2014
CoreLogic forecasts that home price appreciation will decelerate starting in 2014, 'as rising home prices and mortgage interest rates erode affordability and demand...
LPS Opens New Facility In India
Lender Processing Services Inc. (LPS), offering technology, services, data and analytics to the mortgage and real estate industries, has opened a new mortgage...
Redfin Survey Reveals Increasing Concern Over Rising Interest Rates
Despite increasing concern over interest rates, 48% of homeowners believe now is still a good time to sell, up from 45% in the...
MBA: Mortgage Application Volume Continues To Fall
Mortgage application volume continued to decrease last week, dropping 3.7% compared to the week prior, according to the Mortgage Bankers Association's (MBA) Weekly...
RealtyTrac Partnering With REAL Trends
Real estate data and analytics firm RealtyTrac has inked a deal with brokerage media company REAL Trends to combine the companies' housing data...
S&P/Case-Shiller Index: U.S. House Prices Continued To Rise In May
Low mortgage rates, tight inventory and heavy investor demand continue to drive up home prices nationwide. According to the Standard & Poor's/Case-Shiller index,...
FHFA: Mortgage Interest Rates Continued To Climb In June
The Federal Housing Finance Agency's (FHFA) interest rate survey shows the average interest rate on conventional, 30-year, fixed-rate mortgages of $417,000 or less...
UBS Settles With FHFA For $885M In Mortgage Suit
The Federal Housing Finance Agency (FHFA) has reached a settlement with UBS Americas Inc. for $885 million to cover claims of alleged violations...
Real Housewives Of N.J. Stars Indicted On Mortgage Fraud
Two of the stars of the popular television show 'The Real Housewives of New Jersey,' Teresa Giudice, 41, and her husband, Giuseppe 'Joe'...
LPS: Home Prices Edged Up In May
U.S. home prices increased 1.3% in May to reach an average price of $226,000, according to Lender Processing Services' (LPS) Home Price Index...
NAR: Pending Home Sales Dipped In June
Pending home sales dipped 0.4% in June, due in part to rising interest rates, according to the National Association of Realtors' (NAR) Pending...
Mortgage Investors Corp. To Lay Off About 380 Employees
About a month after the Federal Trade Commission (FTC) levied a civil penalty of $7.5 million on St. Petersburg, Fla.-based Mortgage Investors Corp....
Senate Passes Student Loan Fairness Act
With student loan debt now viewed as the No. 1 obstacle preventing young people from buying homes, Congress is moving fast to get...
Wells Fargo To Exit Eight Mortgage Joint Ventures
Due to regulatory changes that resulted in increased complexity in operating joint ventures, Wells Fargo Ventures, a wholly owned operating subsidiary of Wells...
NRMLA Supports Efforts To Bring Solvency To HECM Program
The National Reverse Mortgage Lenders Association (NRMLA) is supporting pending legislation in the House and Senate that would grant the Department of Housing...