Federal Reserve Chair Janet Yellen said Monday that the central bank will raise the federal funds rate when economic outlook uncertainties clear the air. Yellen spoke today at ...
Read More »The MReport Webcast: Monday 6/6/2016
The nation’s unemployment rate took a tumble from April to May—but did the jobs report really bring good news for the economy and for housing? Not exactly. One ...
Read More »The MReport Webcast: Wednesday 6/1/2016
Home prices continued their upward climb in March but did so at much slower pace than usual for the second consecutive month, leading industry experts to believe that ...
Read More »The MReport Webcast: Tuesday 5/31/2016
U.S. home prices are high and are still rising, but the price picture looks a bit different when consumer buying power is brought into the equation. First American ...
Read More »The MReport Webcast: Friday 5/27/2016
Wells Fargo is launching a new low-down payment mortgage program for first-time and lower-income borrowers that could be the bank’s way out from under the shadow of the ...
Read More »The MReport Webcast: Thursday 5/26/2016
The Office of the Comptroller of the Currency announced on Wednesday that it has terminated the mortgage servicing-related consent order against Wells Fargo. At the same time, the ...
Read More »The MReport Webcast: Wednesday 5/25/2016
New single-family home sales did something remarkable this month. Sales in this sector rose significantly month-over-month and year-over-year to reach the highest level since 2008 despite falling inventory ...
Read More »The MReport Webcast: Tuesday 5/24/2016
The U.S. Second Circuit Court of Appeals has overturned a 1 point 27 billion dollar penalty imposed on Bank of America over the alleged misrepresentation of mortgage-backed securities ...
Read More »The MReport Webcast: Monday 5/23/2016
Existing-homes sales have been up against unfavorable odds including inventory shortages, soaring home price appreciation, and stagnant household income growth. However, they defied those odds and came out ...
Read More »The MReport Webcast: Friday 5/20/2016
Guild Mortgage Company faces federal charges of improper origination and underwriting practices on its FHA-backed loans. The suit was filed by the U.S. District Court for the District ...
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