The recent spike in mortgage refinances driven by near historically low mortgage rates has benefited the loan production process.
Read More »Summer Months Bring Rise in SFR Vacancies
Higher monthly lease expirations in the summer pushed the vacancy rate upward across nearly 90,000 single-family rental properties, according to one analysis.
Read More »Tight Inventory Can’t Stop Pending Home Sales
Pending home sales in July swelled to their second-highest numbers in more than a decade, in the face of the tight inventory. What drove the increase?
Read More »Recovery? Not in These Markets Yet
Eight years after the crisis, many national housing metrics such as existing-home sales, new home sales, and home price appreciation are experiencing post-crisis highs. Some markets are lagging behind in the recovery, however.
Read More »Bank Lobbyist Urges Senate to Vote on Regulatory Relief
ICBA President and CEO Camden Fine is urging a bipartisan group of 70 senators not to give up in their quest for more regulatory relief for community banks and lenders.
Read More »Mortgages Slipping on CFPB’s Complaint List
As the Consumer Financial Protection Bureau (CFPB) approaches one million complaints handled in its five-year history, mortgages are no longer the most complained-about financial product.
Read More »Former MGIC Chairman and CEO Lacy Passes Away
William H. Lacy, Jr., retired chairman and CEO of Mortgage Guaranty Insurance Corporation (MGIC), passed away on August 28, 2016, as a result of respiratory failure at age 71.
Read More »Demand for Housing is Starting to Come Back to Earth
By most accounts, in the last year, the demand for housing has been outpacing supply. According to one analysis, that may be changing in the nation's largest metros.
Read More »Is Home Price Appreciation Developing a New Trend?
Home price appreciation is nothing new, having experienced robust growth since bottoming out four years ago. But a couple of recent home price indices indicate that things might be changing.
Read More »ClosingCorp Names New National Account Representative
ClosingCorp, a data and technology provider for the mortgage and real estate services industries, has announced that Tom Rice has been named VP, national account representative.
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