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North Dakota and Texas have the highest risk that home prices will decline among all states, because of their reliance on the oil industry, according to Arch Mortgage Insurance.
July 9 -
A new crop of P-to-P loan platforms is focusing on commercial real estate loans that get ignored by banks.
July 9 -
JPMorgan Chase has continued to take steps towards satisfying its portion of the residential mortgage-backed securities settlement, according to the independent monitor put in place to track the bank's progress.
July 9 -
Two mortgage servicers have agreed to join a group of peer institutions in following a series of guidelines to address zombie properties in New York State, Gov. Andrew Cuomo announced Thursday.
July 9 -
Mortgage professionals brave enough to bring mortgage fraud to light deserve the same level of protections as workers in other businesses, rather than be subjected to a patchwork of laws designed for other industries.
July 9
The Employment Law Group PC. -
ExactBid in San Jose, Calif., has acquired Narrative1 in Plymouth, N.H., in a combination of technology firms that focus on the commercial real estate lending industry.
July 9 -
The home sales market may be ready to trend upward, based on consumers' responses in a recent Fannie Mae survey.
July 9 -
Mortgage rates for 30-year loans fell for the first time in three weeks as investors worried about political and financial turmoil in Greece and China turned to the relative safety of American debt.
July 9 -
The delinquency rate on loans backed by the value of consumers' homes hit a postcrisis low in the first quarter, according to the American Bankers Association.
July 9 -
The mortgage real estate investment trust sector is diversifying as margin compression and bank apprehension changes market dynamics, according to reports from Kroll Bond Ratings and Fitch Ratings.
July 8 -
The latest monthly mortgage monitor report from Black Knight Financial Services found that approximately 6.5 million borrowers could qualify and utilize refinancing.
July 8 -
The Greek debt crisis and China's stock-market crash may put downward pressure on interest rates and delay the Fed's interest rate hike, and they are adding uncertainty at a time when lenders thought recovery would be taking hold.
July 8 -
Seattle has become the latest West Coast hot spot for homebuyers, from Chinese emigrees to technology workers, sending home prices to a record in an area renowned for its clean air, mountain ranges and lakes.
July 8 -
Mortgage application volume increased 4.6% on a seasonally adjusted basis compared with the week before as mortgage interest rates decreased across the board, according to the Mortgage Bankers Association.
July 8 -
Mortgage credit availability fell in June despite signs of improving housing markets, says the Mortgage Bankers Association.
July 7 -
The Federal Housing Administration wants to set a hard deadline for servicers to file claims on soured mortgages. Industry executives say it should be manageable unless foreclosures surge again.
July 7 -
Top Producer Jamie Tyndall found a way to get closing documents to Russia so a couple adopting a baby would return to a new home.
July 7 -
Nearly 25 years after a landmark deal and two subsequent legislative overhauls, glitches in the credit reporting system remain widespread. But while regulators and law enforcement officials are again raising the stakes for the credit reporting industry, critics fear it may not be enough.
July 7 -
Californians are back in the home purchase market and forming households again thanks to an improving economy and an increase in job growth, according to the California Association of Realtors.
July 7 -
The Federal Housing Finance Agency wants to exclude mortgage REITs from membership in the Federal Home Loan Banks. That would be a major setback for the entry-level borrowers who depend on mortgage REITs for sustainable home-financing options.
July 7
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