Housing News
Banks are cashing in by taking advantage of new HARP rules - refinanced loans are at lower rates, but still above market rates.
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All posts tagged "Mortgage"
Housing News
Even adjusting for the Memorial Day holiday the week prior, mortgage application volume surged last week, and refinance volume hit a three year high.
Economic News
The number of homes lost to foreclosure is down from 2011. CoreLogic reports that 1.4 million homes were in the foreclosure inventory in April...
Economic News
According to the FHFA, home prices have improved modestly in the last quarter, but have changed less than one percent over the past year...
Housing News
Mortgage application volume rose for the week, with the refinance share regaining lost ground as purchase applications slid slightly. The MBA points to the...
Economic News
The volume of mortgage applications continues to rise, and after weeks of falling, the refinance share is finally up. The financial troubles in Europe...
Housing News
Mortgage delinquencies are improving even better than many had expected, assuaging fears that a shadow inventory could prevent any housing recovery. Fully 46 states...
Economic News
Housing start and permit data are being skewed by mixed regional performance and by the single family and multi-family sectors out of sync with...
Housing News
It is common to hear of banks foreclosing on the wrong address, but it is nearly unheard of that a purchased home is the...
Housing News
Wells Fargo has disclosed through a SEC filing that the bank is on the verge of yet another federal lawsuit for their allegedly steering...
Economic News
Freddie Mac says it is working to build a new infrastructure for the housing finance system, but in the first quarter, the company came...
Housing News
Although foreclosure sales have slid and inventory levels have increased, the housing sector continues showing signs of improvement, but much of the recovery for...
Housing News
Two trends are made clear this week as the volume of mortgage applications remains steady, with slight increases and decreases, as refinances account for...
Business News
After a year of testing, Costco has partnered with eleven lenders to provide a mortgage lending service to its shoppers, be it someone in...
Housing News
After selling off their banking assets, MetLife has announced that they are exiting the reverse mortgage business and selling their portfolios to Nationstar Mortgage,...
Housing News
After weeks of improvement, and a week of backsliding, mortgage application volume continues to edge up, then slip backward and the refinance share of...
Housing News
The number of mortgages that are at least 30 days delinquent hit nearly 5.6 million in March, and LPS reports that the decline in...
Housing News
In line with other states, Louisiana is suing the nation's biggest banks for bypassing recording fees due in transfer of real estate title, but...
Housing News
Last week, mortgage application volume made healthy gains for the first time in several weeks, but volume again slipped this week despite continued low...
Housing News
Ally Financial announced in 2011 they would be ceasing mortgage operations and the final nail in that coffin has come. Now, the company will...
Economic News
For weeks, the volume of mortgage applications has fallen, but this week marks a shift in momentum, particularly with new home mortgage application volume.
Housing News
Starting April 1, 2012 a new qualification rule could dramatically change the volume of buyers that qualify for FHA-backed loans, especially impacting first time...
Housing News
This is yet another of the increasingly common tales of a homeowner whose mortgage is sold and the new servicer ignores pleas to not...
Economic News
The New York Attorney General has finally wrapped up their year long investigation of the state's largest foreclosure mill who will now pay $4...
Housing News
Home purchase applications rose this week while refinance applications fell, following positive job market numbers. The ratio of purchase to refinance is shifting, while...
