Technology

The National Council of State Housing Agencies is asking the Internal Revenue Service and the Treasury Department to include guidance on tax-exempt bond and low-income housing tax credit issues in their 2013-2014 priority list.

The rising interest rate environment of the past couple of months has brought home the point to mortgage originators that they need to be mining purchase leads going forward.

The Trulia Price Monitor for July was down 0.3% on a seasonally adjusted basis compared with June, the first decline in seller asking prices on a month-to-month basis since last November.

People who purposely default on their mortgage have gotten a lot of attention in the past few years, but only a tiny percentage of North Texans think such action is ever justified.

Including distressed sales,—short sales and real estate owned properties—the CoreLogic Home Price Index report jumped 1.9% from May to June.

The speed of homes entering the market being sold is slowing as inventory starts to creep up, Redfin’s June Fastest Markets report claims.

Banks reported strong demand for purchase mortgages but very little in the way of easing their tight credit standards.

There was a 2.2% increase in the availability to consumers of mortgage product offerings from June to July.

Dave Vida of LenderLive Network is one of many in the industry who does not see “anything too new in the loss mitigation space,” but recognizes it has been transformed by the foreclosure crisis.

Rising interest rates had no effect on the delinquency rate spiking 9.9% from May to June.