Housing Starts Up 5.9% In July
Driven mainly by increased construction of multifamily units, housing starts increased 5.9% in July compared to June on a seasonally adjusted basis and...
NAHB: Builder Confidence Rises For Fourth Consecutive Month
Builder confidence in the market for newly built single-family homes rose for the fourth consecutive month in August, according to the National Association...
DataQuick: Lack Of Inventory Continues To Drive Up Home Prices
U.S. home prices increased more than 13% in July compared to July 2012, according to DataQuick's monthly Property Intelligence Report (PIR). Twenty-five of...
Former BofA Manager Who Was Sued By FHFA Later Joined Freddie Mac
Despite being named in a Federal Housing Finance Agency (FHFA) lawsuit filed in September 2011 for allegedly making 'materially misleading statements' in offering...
Richey May: Private Mortgage Bankers Saw Production Rise 11% In Q2
Overall production among independent mortgage bankers increased 11% from the first quarter to the second quarter, according to Richey May & Co.'s Second...
MBA: Mortgage Application Volume Falls 4.7%
After increasing slightly the week before, mortgage application volume dropped 4.7% last week on an adjusted basis, according to the Mortgage Bankers Association's...
Federal Authorities Investigating Lending Practices At PNC
The Justice Department and the Consumer Financial Protection Bureau (CFPB) are reportedly investigating the mortgage-related practices of PNC Financial Services, including how it...
MBA: New Home Sales Up 14% In July
Mortgage applications for new home purchases increased 14% in July compared to June on an unadjusted basis, according to the Mortgage Bankers Association's...
OIG Report Assesses HARP’s Performance At ‘Midway’ Point
Four years into the program and with two years left to go - providing there are no additional extensions - the Office of...
Clear Capital: Las Vegas Home Prices Up 31.2%
U.S. home prices increased 9.3% from July 2012 to July 2013 and increased 1.6% during the second quarter, according to Clear Capital's Home...
Fannie Mae: Consumers Not Deterred By Rising Mortgage Rates
Government-sponsored enterprise Fannie Mae's July National Housing Survey shows that rising interest rates are not deterring consumers from borrowing for home purchases. The...
Fannie Mae Posts Sixth Consecutive Profitable Quarter
Just a day after mortgage finance company Freddie Mac reported that it raked in $5 billion in the second quarter - the seventh...
Freddie Mac Posts $5 Billion Profit In Second Quarter
Freddie Mac reports that it raked in $5 billion in the second quarter, the seventh straight profitable quarter for the government-sponsored enterprise (GSE)...
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...