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Fannie Mae increased its mortgage origination forecast as lower interest rates, driven by economic uncertainty, will lead to more refinance activity, but other factors will continue to hold back home purchases.
July 16 -
Verus Securitization Trust 2019-INV2 is backed by investor loans secured by 1,042 rental properties. The loans were originated by 76 different lenders.
July 16 -
Occidental Management is sponsoring a single-asset, single-borrower deal through JPMorgan backed by the fee simple interest from receivables of a lease-buyback arrangement with Sprint Corp.
July 16 -
Home prices in Arlington County, Va., are likely to reach their peak in July with a median sales price of $675,640, according to the Northern Virginia Association of Realtors.
July 16 -
The surge in home prices has continued across most of Cuyahoga County, Ohio, this year, with the median sales price through the first half of 2019 up 5.4% countywide and gains being posted in about four out of every five cities.
July 16 -
A builder based near the Lake of the Ozarks swindled six families that sought new homes in Kirkwood, Mo., out of $356,000, the builder's federal plea agreement says.
July 16 -
Home prices just set another record in Ada County, Idaho, with the median sale price rising to $354,405 in June. That's $11,415 higher than May's figure, also a record, and 10% higher than in June 2018.
July 16 -
Damage related to flash flooding from Tropical Storm Barry has the potential to affect about 340,000 homes, according to CoreLogic. Reports estimate a worst-case total of $10 billion in reconstruction cost value.
July 15 -
Despite a significant rise in first-mortgage production due to lower interest rates, profits from home lending in Citigroup's retail banking division fell slightly in the second quarter.
July 15 -
A Nomura Holdings Inc. unit will repay customers about $25 million to settle U.S. regulators' allegations that it failed to supervise traders who made false statements in negotiating sales of mortgage securities.
July 15 -
Life insurance companies increased their mortgage investments to levels higher than historical norms, creating more potential danger for their portfolios in the event of a real estate downturn, a Fitch Ratings report said.
July 15 -
High demand and low inventory in Spokane County, Wash., continued to push median home prices up in June.
July 15 -
The Buffalo Niagara housing market is tighter than ever, but there are signs that the upward pressure on home prices is starting to lose some steam.
July 15 -
The Trump administration is growing wary of taking bold steps toward freeing Fannie Mae and Freddie Mac from federal control before the 2020 election, said people familiar with the matter, in part because of the political risk of potentially upending the U.S. mortgage market.
July 12 -
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The Federal Housing Administration is delaying a plan to put a hard stop on home loan files that lack digitally signed appraisals.
July 12 -
Investments in proprietary front-end software to mark next phase of mortgage initiative.
July 12 -
After two strong months, applications to purchase newly constructed homes retrenched a bit as broader policy issues weighed on consumers, according to the Mortgage Bankers Association.
July 12

















