The share of residential home sales that are all-cash transactions has been on the steady decline for nearly five years. At their peak, all-cash sales accounted for nearly half of all home sales; now that percentage is down below one-third, according to data released by CoreLogic on Monday.
Read More »Settlement Monitor: All Servicers Made the Grade
In his summary of six reports filed with the U.S. District Court for the District of Columbia released on Thursday, Independent Settlement Monitor Joseph A. Smith, Jr. and his team revealed no failed metrics among the servicers that were party to the National Mortgage Settlement in 2012.
Read More »The MReport Webcast: Monday 12/21/2015
Fannie Mae and Freddie Mac recently made headlines when congress members said that the GSEs had a monopoly on their credit scoring system due to their singular use ...
Read More »The MReport Webcast: Friday 12/18/2015
It's no secret in the industry that mortgage lenders have eased credit standards, but the real kick is that lenders expect this continue into the upcoming year. Fannie ...
Read More »GSEs 2016 Focus: Liquidity, Credit Access, and Common Securitization
The Federal Housing Finance Agency (FHFA)’s 7-year-old conservatorship of Fannie Mae and Freddie Mac will continue for at least another year despite the fact that it was meant to be temporary.
Read More »The MReport Webcast: Thursday 12/17/2015
The Federal Reserve made the long-awaited, much-anticipated announcement on Wednesday afternoon that federal funds target rate will increase by a quarter of a percentage point from its near-zero ...
Read More »The MReport Webcast: Wednesday 12/16/2015
Fannie Mae and Freddie Mac may soon be made to offer mortgages for homes in 'underserved markets.' A new rule, introduced Tuesday, requires the Federal Housing Finance Agency ...
Read More »The MReport Webcast: Tuesday 12/15/2015
Looser credit standards brought an influx of first-time homebuyers in November 2015. First-time buyers made up 56 point 7 percent of primary owner-occupied home purchase mortgages with a ...
Read More »The MReport Webcast: Monday 12/14/2015
As of now, Fannie Mae and Freddie Mac only consider the FICO credit scoring model when making mortgage purchase decisions. A recently introduced bill is trying to change ...
Read More »The MReport Webcast: Thursday 12/10/2015
The housing industry has become so accustomed to believing that renting is a popular trend and option among the millennial generation. However, research from the Joint Center for ...
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