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While the rate of homeowners who owed more on their home than what it is worth decreased nationwide, there were 17 neighborhoods with a large percentage of underwater homeowners.
November 18 -
The Home Equity Conversion Program experienced a huge swing in its net worth during the fiscal 2016 year, plummeting from a value of $6.8 billion in fiscal 2015 to negative $7.7 billion.
November 17 -
Fannie Mae's new representation and warranty relief offers lenders a long-awaited incentive to use its automated loan validation technology. But is it enough for lenders to make the necessary technology updates and process changes to implement the tools?
November 3 -
Home prices will increase by more than 5% over the next year, after increasing by 6.3% on a year-over-year basis in September, according to CoreLogic.
November 1 -
The Bancorp's stock fell nearly 15% Friday after the Wilmington, Del., company reported a large quarterly loss tied to a bad commercial real estate loan.
October 28 -
CoreLogic reported its net income increased by 27% to $36 million for the third quarter on a year-over-year basis, as it saw record highs for revenue and operating income.
October 25 -
Fannie Mae is planning to provide relief to lenders from potential buybacks for loans in which the borrower's income, assets and employment information have been validated through automated underwriting.
October 25 -
Mortgage Contracting Services has acquired title insurance and settlement services provider Lenders Title Solutions.
October 19 -
With the myriad home price indices available to the mortgage industry, it's difficult to determine which offers the most cost-effective insights about a particular market. Granularity is a key selling point, but not a one-size-fits-all solution.
October 6 -
Homes were less affordable than their historic averages in 24% of U.S. markets as prices rose and wage growth slowed, according to Attom Data Solutions.
September 29