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There was a fairly small chance that homebuyers faced a bidding war in July, compared with the prior year when the odds were almost 50-50, according to Redfin.
August 9 -
From the Lone Star State to the beaches of Florida, here's a look at the top 15 housing markets with the largest influx of VA purchase loans between 2015 and 2018, according to Veterans United.
August 9 -
The Federal Housing Finance Agency has repeatedly reconsidered whether to add a language question to the GSEs' loan application, but its new director's latest call may finally resolve the question.
August 9 -
The head of the Senate Banking Committee invited the housing secretary to Idaho to discuss low-income housing shortages.
August 9 -
Robert Shapiro, the former chief executive officer of Woodbridge Group of Companies, pleaded guilty to running a $1.3 billion fraud that caused more than 7,000 investors to lose money, according to prosecutors.
August 9 -
Foreclosure activity dropped 18% in the first half of 2019 compared to a year ago, continuing an 11-quarter streak of sitting below prerecession levels, according to Attom Data Solutions.
August 8 -
HSBC anticipates its mortgage underwriting volume ramping up significantly after recent initiatives to provide loan officers with more tools and time to address the complex needs of affluent customers, often from overseas.
August 8 -
Zillow Group shares were poised to fall to a six-week low after its results and updated forecasts suggested its entire "portfolio is faltering" at a critical time for the company looking to pivot its business, analysts said.
August 8 -
More applications for non-QM loans might close if lenders and originators beefed up efforts to address missing or outdated information, according to Computershare.
August 8 -
Jumbo loan product availability continued climbing and reached an all-time high in July, but it wasn't enough to stop overall credit standards from tightening, according to the Mortgage Bankers Association.
August 8 -
Mortgage rates tumbled to lows not seen since November 2016 as benchmark 10-year Treasury yields continue to decline due to investors' uncertainty over trade and the economy, according to Freddie Mac.
August 8 -
Home prices slipped in some of the costliest U.S. markets in the second quarter, a sign that would-be buyers are sitting out the competition for a scarcity of affordable properties.
August 7 -
Seattle is poised to get a new $1 billion development steps from Amazon's sprawling urban campus as part of a major land sale by the city.
August 7 -
Millennials jumped to take advantage of low mortgage rates by refinancing at an increased share of 6 percentage points in June, according to Ellie Mae.
August 7 -
Positive views on job security and mortgage rates pushed consumer sentiment on housing to an all-time high in July, according to Fannie Mae.
August 7 -
Black Knight's second-quarter earnings dropped 20% from the previous year as it took a hit from its indirect investment in Dun & Bradstreet, offsetting a 7% increase in revenue.
August 7 -
A Florida-based loan servicing company has agreed to pay $84,000 to cover attorneys fees, penalties and costs associated with improper foreclosures it initiated in Maine, the state said.
August 7 -
Increased consumer debt and the threat of an economic downturn increase the default risk for government-sponsored enterprise mortgages during the first quarter, according to Milliman.
August 7 -
The U.S. government's trade war with China is pushing down yields on 10-year and 30-year Treasury notes.
August 7 -
The economic tensions between the U.S. and China drove interest rates down last week, leading to a surge in refinance applications, according to the Mortgage Bankers Association.
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