Monday, September 23, 2024

Residential Mortgage

Timios National Corp. Acquires Glenn County Title Co.

Westlake Village, Calif.-based Timios National Corp., a national provider of real estate services to banks, financial institutions and mortgage lenders, has expanded into...

Zillow: 60% Of Homeowners To Invest In Their Homes This Summer

Although home sales are on the rise and the market is rebounding, many Americans remain 'stuck' in their homes, either because they are...

Zillow: Home Prices Continue To Rise

U.S. home prices rose 0.5%, month over month, and 5.4%, year over year, in May, reaching an average price of $159,000, according to...

RealtyTrac: 20% Of Homes In Foreclosure Sitting Empty

About 167,680 U.S. homes in the foreclosure process were sitting empty as of June, having been vacated by the owners, according to RealtyTrac's...

MBA: Fannie And Freddie Need Standardized Underwriting

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac should be required to use a single, standardized automated underwriting system (AUS) to give consumers...

NRMLA Throws Support Behind HECM Reform Bill

The National Reverse Mortgage Lenders Association (NRMLA) is throwing its weight behind a bill introduced in the U.S. Senate that would help the...

Real Estate Attorney Sentenced For Mortgage Fraud Scheme

A Connecticut man has been sentenced to 30 months in prison for his role in a Fairfield County mortgage fraud scheme. Real estate...

Investor Seeks To Block Acquisition Of Lender Processing Services

An investor with shares in Lender Processing Services Inc. (LPS) has reportedly filed a lawsuit in an effort to stop the takeover of...

Freddie Mac Launches New Tool For Distressed Homeowners

To assist homeowners who are struggling to meet their mortgage payments, FreddieMac.com has launched a new online tool that helps them find the...

Seniors See Their Home Equity Increase 6.4% In Past Year

With real estate prices on the rise, seniors now have more equity in their homes than at any time in the last four...

Redfin: Home Inventory Up 4% In May

Now that home prices are starting to rise, sellers are starting to come out of the woodwork, which in turn is leading to...

Mortgage Fraud Increases In Q1, But Down Overall

The number of mortgage fraud cases prosecuted in the U.S. increased about 16% in the first quarter, compared to the fourth quarter of...

Zillow: Housing Inventory Has Increased Nationwide Since January

Despite the fact that the number of for-sale listings nationwide was down 12.2% in early June, compared to early June 2012, inventory has...

Experian: Mortgage Origination Volume Up 16% In First Quarter

In what might be interpreted as a sign the economy is improving, a report from Experian shows that there was a 16% year-over-year...

CFPB Adds Regulatory Implementation Page To Website

In an effort to ensure the mortgage industry is ready to comply with new borrower protection laws, the Consumer Financial Protection Bureau (CFPB)...

RealtyTrac: U.S. Foreclosure Rate Increased 2% In May

After hitting a 74-month low in April, foreclosure activity increased 2% in May, according to RealtyTrac's U.S. Foreclosure Market Report. Altogether, 148,054 U.S....

Study Shows Minorities Face ‘Subtle’ Housing Discrimination

Real estate agents and rental housing providers recommend and show fewer available homes and apartments to minority families, according to a study released...

MBA: Mortgage Application Volume Up 5%

Due in part to increased activity over Memorial Day weekend, which has traditionally been a busy time for home shopping, mortgage application volume...

FHFA: Refinance Frenzy Continued Through March

The Federal Housing Finance Agency's (FHFA) March 2013 Refinance Report shows that, despite a slight increase in mortgage rates, refinance levels remained high....

QuestSoft Intros Bundled Compliance Solution For Mortgage Lenders

QuestSoft has introduced Compliance RELIEF, an all-in-one system designed to help banks, credit unions and mortgage lenders meet compliance requirements with less time...