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Tag:
mortgage news
Housing News
Refinancing underwater jumbo loans hopeless for most
New reports reveal that jumbo loans that are underwater are nearly impossible to refinance, leaving some homowners feeling alienated.
Housing News
Mortgage application volume up 1.7 percent
As the volume of mortgage application activity finally increases, the share of refinance volume continues to decrease, according to new data from the Mortgage Banker's Association.
Economic News
Servicers incentivized to bet against homeowners, may hurt housing
Insurance policies are not often pointed to as the problem with housing, but one news outlet says homeowners are being pushed off of the foreclosure cliff by force-place insurance.
Economic News
Foreclosure rates plummet to 2007 levels
Foreclosure filings down
According to RealtyTrac, foreclosure filings and repossessions for 2011 dropped to their lowest level since 2007, down 33 percent for the year...
Economic News
Fannie Mae CEO steps down during troubled times
Fannie Mae CEO on his way out
Today, after 20 years with the organization, Fannie Mae said in a statement that CEO Michael Williams is...
Housing News
CoreLogic’s new credit scoring expands traditional scores with their vast amount of data
After a long wait, CoreLogic has put its massive database of consumer data to work, announcing the CoreScore, a new type of credit file...
Housing News
Where home buyers’ down payments come from, who sacrifices the most
2011 Buyers and Sellers Survey
The 2011 National Association of Realtors® Profile of Home Buyers and Sellers surveyed 5,708 home buyers and sellers and discovered interesting trends...
Housing News
Percentage of home buyers using mortgage financing is on the decline
Mortgage habits of home buyers
The 2011 National Association of Realtors® Profile of Home Buyers and Sellers surveyed 5,708 home buyers and sellers and revealed that the...