Sunday, November 17, 2024

Residential Mortgage

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...

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...

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...