Mortgage Contracting Services has announced the acquisition of Lenders Title Solutions, a national title insurance and settlement services provider based in Clearwater, Florida.
Read More »Market Headwinds Cannot Shake Builder Confidence
What is going to drive the growth of the single-family housing market in the near term?
Read More »Here is One Reason for the Single-Family Rental Boom
Tight inventory has been a major impediment to first-time buyers entering the housing market as of late. Not so much for single-family renters, however.
Read More »Sales Indicate Strong Demand
A seasonal decline did not stop home sales from reaching a nine-year high.
Read More »Now You See Them, Now You Don’t
According to HUD, a certain number of single-family homes are removed from inventory each year. Where do those homes go?
Read More »Nonbanks are Grabbing a Larger Market Share
The latest Home Mortgage Disclosure Act (HMDA) data found that nonbanks' share of the mortgage market is rising while banks' share is shrinking. What is the reason for the shift?
Read More »Homeownership Rate Forecasts: Seeing the Big Picture
Freddie Mac says that the negative forecasts for the U.S. homeownership rate may be overly pessimistic—and there is a growing group of potential homebuyers that lenders should not overlook.
Read More »Mortgage Production Drives BOA’s Q3 Profits
Bank of America managed to escape the fate that befell several other banks in the third quarter.
Read More »First-Time Buyers are in the Driver’s Seat
Mortgage bankers are optimistic about first-time buyers driving growth for 2017 despite some uncertainty in the market, according to a survey.
Read More »The Week Ahead: Waiting for Housing Starts to Re-Start
In the last new residential construction report, housing starts took a step back after several months of gains. This week, the industry will find out if new construction picked up in the face of a lengthy inventory shortage of existing homes for sale.
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