More HELOC borrowers are making payments on time, but lenders should still proceed with caution, according to a recent white paper.
Read More »Low Mortgage Rates Equal High Refi Activity
The already near-record low mortgage rates ticked downward again as the share of refinances remains high more than two months after the Brexit vote.
Read More »The Most (and Least) Expensive Housing Markets
A ranking of the most and least expensive housing markets revealed that the highest-priced homes are generally located in the West. . .where are the most affordable markets located?
Read More »International Document Services Acquires Encomia
International Document Services (IDS), a mortgage document preparation vendor headquartered in Salt Lake City, Utah, and a division of the Reynolds and Reynolds Company, announced it has acquired Encomia, a provider of eMortgage solutions to both depository and non-depository lenders.
Read More »Women-Owned Mortgages Perform Better than Credit Histories Suggest
On average, women pay more for mortgages than men do, but those mortgages held by women-only borrowers tend to perform better than those held by men, according to one analysis.
Read More »Lawmaker Presses FBI to Release Crisis-Related Files
One year has passed since the U.S. Department of Justice issued a memo stating they planned to prosecute individuals and not just firms for their roles in the crisis, but they have yet to do so—and one lawmaker is asking the FBI why.
Read More »Fed Presidents Caution Against Monetary Policy Reform
Witnesses at a Congressional hearing on Wednesday, which included two presidents of Federal Reserve banks, warned of the potential risks to the overall financial system if the Fed's current public-private structure were to be reformed.
Read More »Black Knight, CRS Data Combine Forces
Black Knight Financial Services and CRS Data have formed a strategic partnership to create a simple solution integrating the capabilities of Paragon MLS, Black Knight’s flagship multiple listing service (MLS) system, and CRS Data’s tax suite.
Read More »Consumers are Generally Positive Toward Housing
Consumer housing sentiment continued a gradual year-over-year upward trend in August, which bodes well for the continued growth of housing in the United States, according to the latest survey data from Fannie Mae.
Read More »Clinton, Trump Sparring Over Federal Reserve
With the presidential election only two months away, the latest topic of heated debate between the two major party presidential candidates is some comments one of them made regarding the Federal Reserve earlier this week.
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