CFPB Issues Friendly Reminder To Data Furnishers
The Consumer Financial Protection Bureau (CFPB) has issued a warning to the data furnishers that provide consumer credit information to the credit bureaus,...
NCUA Files Suit Against Morgan Stanley Over Alleged ‘Faulty’ RMBS
The National Credit Union Administration (NCUA) has filed a lawsuit in federal district court in Kansas alleging that Morgan Stanley & Co. Inc....
CoreLogic: U.S. Home Prices Up 12.4% Since July 2012
U.S. home prices increased 1.8% in July compared to June, and are up a whopping 12.4% compared to July 2012, according to CoreLogic's...
Due Diligence Firm Subpoenaed By DOJ Over RMBS Deals
In the years that led up to the financial crisis, Clayton Holdings was a 'major provider of third-party due diligence services' to Wall...
FHFA: Mortgage Interest Rates Increased 0.45% In July
Mortgage interest rates increased 0.45% in July compared to June, according to the Federal Housing Finance Agency (FHFA). The average interest rate on...
RealtyTrac: July Home Sales Up 4% Compared To June
Although rising interest rates have resulted in a decrease in mortgage application volume in recent months, home sales continue to increase, driven mainly...
Freddie Mac: Mortgage Rates Dipped Slightly This Week
Mortgage rates dropped for the first time in five weeks this week, according to Freddie Mac's Primary Mortgage Market Survey. For the week...
MBA: Higher Rates Continue To Impact Mortgage Application Volume
Mortgage application volume continues to decline as interest rates rise, the Mortgage Bankers Association's Weekly Mortgage Applications Survey reveals. Application volume dipped 2.5%...
NAR: Apartment Rents Will Rise As Vacancy Rates Decrease
As mortgage interest rates continue to rise and banks tighten their lending standards, many potential first-time home buyers are finding themselves priced out...
S&P/Case-Shiller: U.S. Home Prices Still Rising, But More Slowly
U.S. home prices rose 2.2% in June, compared to May, and increased 7.1% in the second quarter, compared to the first quarter, according...
Ellie Mae: Lenders Loosened Standards Slightly In July
Banks and other lending institutions continued to relax their lending standards in July, as evidenced by data collected in Ellie Mae's Origination Insight...
Zillow: Mortgage Rates Fall For First Time In Five Weeks
The average rate on a 30-year fixed mortgage fell for the first time in five weeks to reach 4.37% this week, a drop...
LPS: U.S. Home Prices Increased 1.2% In June
U.S. home prices increased 1.2% in June compared to May and were up 8.4% compared to June 2012, according to Lender Processing Services'...
Altisource To Acquire Equator For About $70 Million
Altisource Portfolio Solutions, offering marketplace and transaction solutions to the real estate, mortgage and consumer debt industries, has entered into a definitive agreement...
MBA: Application Volume Fell 4.6% Last Week, Refinancings Down 8%
Mortgage application volume decreased 4.6% on a seasonally adjusted basis during the week ending Aug. 16, compared to one week earlier, according to...
Census Bureau: New Home Sales Dropped 13.4% In July
U.S. sales of new single-family homes dropped by 13.4% in July compared to June, according to estimates released jointly by the U.S. Census...
FHFA: Home Prices Rose 2.1% In Second Quarter
U.S. home prices rose 2.1% in the second quarter compared to the first quarter - the eighth consecutive quarterly increase - and were...
Mortgage Rates Rise On Fed Tapering News
Mortgage rates jumped to their highest level in two years this week, according to Freddie Mac's Primary Mortgage Market Survey, propelled mainly by...
RealtyTrac Intros Housing Market Recovery Index
RealtyTrac has introduced a new report measuring the housing market recovery by geographic area. According to the firm's Housing Market Recovery Index, as...
Zillow Acquires StreetEasy For About $50 Million
Zillow Inc. is acquiring StreetEasy, a New York City real estate website, for about $50 million in cash. StreetEasy, which launched in 2006,...