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Foreclosure activity during 2019 fell 21% from the previous year, but a few indicators show a change in direction could be possible, according to Attom Data Solutions.
January 16 -
Mortgage rates for the most part were stable this past week as the markets looked warily at economic and geopolitical events, according to Freddie Mac.
January 16 -
Dan Gilbert has been back in the office and could soon be making his first public appearance since suffering a stroke last May, Quicken Loans CEO Jay Farner said.
January 16 -
A Virginia Beach, Va., real estate broker was sentenced to 13 months in prison for secretly purchasing foreclosed properties the Department of Housing and Urban Development hired him to sell.
January 16 -
In another sign of state officials trying to outdo the Consumer Financial Protection Bureau, governors in California and New York want greater authority to license and oversee the debt collection industry.
January 16 -
The Supreme Court appointed Paul Clement to represent the agency after the bureau’s current director questioned its constitutionality.
January 15 -
With home price appreciation decelerating, the top end of the marketplace appears to be taking the biggest hit, according to Zillow.
January 15 -
Bank of America's fourth-quarter mortgage origination volume more than doubled on a year-over-year basis, a faster pace of growth than two of its national banking peers.
January 15 -
A former Fannie Mae employee is facing more than six years in federal prison for participating in a scam involving discount sales of properties owned by the government-sponsored enterprise.
January 15 -
Mortgage application activity increased 30.2% from one week earlier as purchases were at their highest level in over a decade along with substantial growth in refinancings, according to the Mortgage Bankers Association.
January 15 -
The nationwide mortgage delinquency rate had its best October in at least two decades, while the foreclosure rate remained at a 20-year for the twelfth straight month, according to CoreLogic.
January 14 -
Fannie Mae is sponsoring a $1.03B CRT transaction, while Caliber Homes Loans, New Residential and Onslow Bay fill the non-QM pipeline
January 14 -
More than half of Columbus homebuyers are millennials, according to a new study from the mortgage lead generation company LendingTree.
January 14 -
Fourth quarter gain on sale margin moved in opposite directions at two of the nation's largest banks, falling 9% quarter-over-quarter at JPMorgan Chase, but increasing 25% at Wells Fargo.
January 14 -
When it comes to purchasing a home vs. renting on the affordability continuum, the reasonably priced properties skew towards less populated areas, according to Attom Data Solutions
January 14 -
The fact that the more operationally skilled nonbanks have come to specialize in government mortgages is hardly surprising if you assess the cost to originate and service these loans.
January 13
Whalen Global Advisors LLC -
Stephen Calk and the bank where he formerly served as CEO are both arguing that his bribery trial should be held in Illinois. Prosecutors oppose the move.
January 13 -
There was less credit available for the first time in four months in December, when lenders offered fewer conventional and government products, particularly Veterans Affairs-guaranteed loans, the Mortgage Bankers Association said.
January 13 -
Despite changes by the Federal Housing Administration, bankers remain reluctant to join the program for fear of legal liability. But that could change if it revamps servicing processes, experts say.
January 13 -
Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.
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