Servicing

Barry Habib, chief market strategist for Residential Finance, offers his insights into the Federal Housing Finance Agency's House Price Index and the latest new home sales report for June.

While First American saw a decline in 2Q13 net earnings on a year-over-year basis, rivals Old Republic International and Stewart Information Service both reported increases.

The average primary market rate for a 30-year fixed-rate mortgage fell six basis points to 4.31% during the week ending July 25.

New York housing advocates are sending out advocacy alerts to anyone who sees value in preserving the Low Income Housing Tax Credit in the tax code.

CoreLogic reported net income of $43.6 million for the second quarter, a slight increase from 2Q12’s $42.7 million.

Mortgage purchases by Freddie Mac rebounded in June but the share of refinancings dropped below 70% for the first time since December.

Institutional investors purchased fewer residential properties in June than a year ago, but these types of buyers will still be able to acquire single-family homes, condominiums and co-ops in certain markets.

Discover Financial Services in the next few months plans to enter the home equity lending business.

Zacks found the company beat its consensus per-share net earnings estimate but missed its estimate for homebuilding revenue.

Prospect Mortgage has promoted Amy Brandt to chief operating officer.