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The House of Representatives passed two bills that would tie appraisal waivers for Small Business Administration loans to bank rules for commercial real estate loans, despite objections from the Appraisal Institute about its members being cut out of transactions.
September 26 -
Fannie Mae will add an appraisal waiver option for mortgages in regions that its Duty to Serve program designates as high-needs rural areas, but only if home inspections are completed instead.
September 24 -
The typical homeowner spends 17.5% of their income on monthly mortgage payments, according to Zillow's second quarter affordability report.
September 6 -
New Jersey Governor Phil Murphy signed a bill to revise the state's Residential Mortgage Lending Act to facilitate transitional licensing for loan officers and to streamline the law's provisions for borrower fees.
August 31 -
Almost $50 billion. That's how much Spokane County, Wash., is worth, according to this year's property assessments, up $4.1 billion over last year.
August 23 -
Xome, a company Washington Mutual successor WMIH Corp. obtained when it bought Nationstar, has appointed a new CEO who previously was part of Genesis Capital's C suite.
August 7 -
The state became the first in the country to ask federal regulators for a temporary waiver, citing a shortage of available appraisers.
August 6 -
Home price appreciation slowed throughout 64% of the U.S., a boon to affordability, according to Black Knight's most recent three-month figures.
August 6 -
Xome acquired Assurant's Mortgage Solutions unit one day after its parent company Nationstar was bought by the shell company of the former Washington Mutual.
August 2 -
Seattle-area home prices led the country again over the peak spring period and grew at their fastest rate since the 2006 bubble, spurred by a spike in home costs in the metro area's least-expensive homes.
August 1 -
Freddie Mac produced modest second-quarter results, reflecting a stabilizing business that CEO Donald Layton compared to a utility company.
July 31 -
Silicon Valley homeowners saw their wealth balloon faster than owners anywhere else in the country last quarter, according to a new study that underscores just how rich on paper property has made some residents here.
July 31 -
For now, Pullman, Wash., real estate is a sellers' market.
July 11 -
Fannie Mae and Freddie Mac are making condominium loans eligible for automated appraisal waivers that could reduce mortgage borrowers' fees and shorten closing times for lenders.
June 28 -
From medical expenses to home improvements, here's a look at some of the most frequently cited reasons homeowners are borrowing against their home equity.
June 26 -
Taking a home in metro Denver from listing to the closing table now only takes 41 days on average, one of the shortest turnaround times in the country, according to a new study from Trulia.
June 11 -
As house values continued growing, homeowners with mortgages saw their equity increase 13.3% year-over-year in the first quarter, a gain of over $1.01 trillion, according to CoreLogic.
June 8 -
Fannie Mae is lowering down payment requirements and lender fees on manufactured housing loans to improve affordable housing access.
June 6 -
Dallas-area home prices grew slightly faster than the nationwide rate in the latest comparison by CoreLogic.
May 8 -
In a bid to cut time and costs from the mortgage process, Fannie Mae is testing whether appraisers can accurately determine a home's value without actually visiting the property.
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