Monday, September 23, 2024

Residential Mortgage

Interthinx: Occupancy Fraud Risk Up 15% In First Quarter

The risk of occupancy fraud - when borrowers claim they will occupy a home when, in fact, they plan to use it for...

Confidence In Housing Market Improved In May

Americans' confidence in the housing market improved in May, with about 40% of those polled saying now is a good time to sell...

California Leads Nation In HARP Loans

California is the tops for Home Affordable Refinance Program (HARP) loans, according to HARP Mortgage Lender, a lending network of mortgage professionals approved...

Veros Updates PATHWAY Solution In Advance Of Changes To UCDP

Veros Real Estate Solutions' proprietary PATHWAY system is now equipped to handle the upcoming changes to the Uniform Collateral Data Portal (UCDP) to...

Few Homeowners Who Refinanced In Q1 Cashed Out Equity

In yet another sign that Americans are taking a more prudent approach to their personal finances, government-sponsored enterprise (GSE) Freddie Mac's quarterly refinance...

Men More Likely Than Women To ‘Push The Envelope’ On Home Financing

Following the release of a report from Experian showing that women are more conservative than men when it comes to managing debt, a...

FHA Borrowers May Have To Pay Higher Insurance Premiums

In order to compensate for a budget shortfall potentially reaching into the billions of dollars, the Federal Housing Administration (FHA) will require homeowners...

Foreclosure Sale Rate In Judicial States Increased 17% In April

The foreclosure sale rate in judicial foreclosure states rose nearly 17% from March to April, reaching its highest point since the fall of...

Survey: 42% Of Renters Don’t Think They Can Get A Mortgage

Of all the renters in the U.S., how many want to become homeowners, and how many are satisfied to remain renters? According to...

Homeowners In New FEMA Flood Zones Will Be Required To Buy Insurance

Proposed revisions to the Federal Emergency Management Agency's (FEMA) flood maps are expected to bring about 35,000 homes and businesses on the Atlantic...

Ellie Mae Encompass360 Users Now Have One-Stop Ordering For Radian MI

Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., has integrated its technology platforms with the Ellie Mae Encompass360 mortgage...

Rising Prices Put Real Estate Investors On Hold

Now that property values are increasing, real estate investors plan to buy fewer properties in the next 12 months, according to a survey...

Rebounding Housing Market Driving Job Growth, Study Finds

The cause and effect relationship between the housing market and job creation is well established. Historically, when people have returned to work following...

LPS’ Loan Quality Gateway Now Integrated With Global DMS’ eTrac Platform

In order to help clients achieve efficient appraisal transaction processing in a fully compliant manner, Lender Processing Services Inc. (LPS) has integrated its...

CoreLogic: Home Prices Rise For 14th Consecutive Month

Home prices increased 12.1% nationwide from April 2012 to April 2013, the biggest year-over-year increase since February 2006, according to CoreLogic. As of...

Equity Loans Enters Wholesale Market, Adds Kingsley Kodan As SVP Of Sales

In an effort to leverage alternate channels and build a stronger foundation for future operations, Atlanta-based residential mortgage provider Equity Loans LLC has...

Stonegate Mortgage Corp. Now Offering Non-Agency ‘Jumbo’ Home Loans

Fresh from raising $115 million in capital through a private sale of its common stock, Indianapolis-based Stonegate Mortgage Corp. is now offering non-agency...

Mortgage Insurer Triad Guaranty Inc. Files For Chapter 11

Seeking court protection from creditors, North Carolina-based mortgage insurance company Triad Guaranty Inc. has reportedly filed for Chapter 11 and may end up...

DocMagic’s eSign Approved By Equifax

Equifax has reportedly approved DocMagic Inc. as an eSign provider for electronic IRS 4506-T requests. Equifax reports that it has been accepting orders...

Texas Builder Settles With CFPB Over Allegations Of Kickbacks

The Consumer Financial Protection Bureau (CFPB) recently reached a settlement with Texas homebuilder Paul Taylor, whom the agency accused of taking kickbacks for...