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Roughly 40,000 home-purchase agreements were canceled in December, equal to 16.3% of homes that went under contract,according to a report from Redfin.
January 27 -
The $69 billion sale of two-year notes was awarded at 3.580%, more than a basis point below its yield at the bidding deadline.
January 26 -
The regulator, in an audit with the Department of Homeland Security, found almost 6,000 ineligible non-American tenants in the units it supports.
January 26 -
The estimated range for net income to common shareholders at the company formerly known as Ocwen rose in part due to a deferred tax asset valuation.
January 26 -
A record amount of equity is now held by property owners 62 and older, with a growing share transferring homes to their heirs and not putting them up for sale.
January 26 -
The government mortgage securitization guarantor flagged the goal back during the first Trump administration, warning then that it would be a long-term project.
January 26 -
Treasury yields are diverging, charts are breaking down and trading looks two-sided into the FOMC, according to the CEO of IF Securities.
January 26
AD Mortgage and IF Securities -
On Jan. 26, use of the new Uniform Residential Appraisal Report shifts from limited production to the optional phase, giving lenders 10 months to get ready.
January 26 -
Prepayment speeds approached recent highs last month, but distressed borrower data paints a mixed picture about the current housing market, according to ICE.
January 26 -
United Wholesale Mortgage, which was sued twice in December for alleged violations, put the blame for some text messages on an independent mortgage broker.
January 26 -
President Donald Trump's recently filed lawsuit against megabank JPMorganChase and its CEO Jamie Dimon is not expected to succeed in court, legal experts say.
January 26 -
Trump, during his return from Davos, signaled reluctance to allow 401(k) withdrawals for home down payments, but other tax-advantaged options remain on table.
January 23 -
The moderate leverage reflects the quality of RMBS pools from recent issuance years. Borrowers have a non-zero WA annual income of $1 million, with liquid reserves of $594,348.
January 23 -
Many servicing metrics look weaker amid lower rates although valuations can vary depending on companies' models, operations and portfolio composition.
January 23 -
US consumer sentiment increased to a five-month high in January as Americans grew more optimistic about the economy and their finances.
January 23 -
Treasury moves look less about data or auctions and more about gaps and channels, with PMI next to decide direction, according to the CEO of IF Securities.
January 23
AD Mortgage and IF Securities -
The class action complaint describes, from a real estate agent's perspective, how the company allegedly pushes borrowers toward its in-house lending arm.
January 23 -
After the announcement last fall, Embrace added local staff and increased marketing nad outreach in New Jersey to assist potential Oceanfirst borrowers.
January 23 -
Pfotenhauer held many positions in the mortgage and title industries in his long career, including being the chair of Merscorp, MORPAC and MISMO.
January 22 -
Tri-merge mandates prop up a credit bureau/FICO oligopoly, raising mortgage costs with little benefit despite risk concerns, the chairman of Whalen Global Advisors argues.
January 22
Whalen Global Advisors LLC














