Per-loan mortgage banking profits bounced back in the second quarter after starting the year on a poor note. The Mortgage Bankers Association (MBA) reported Tuesday that mortgage banks ...
Read More »The MReport Webcast: Tuesday 8/26/2014
New York-based investment banking firm Goldman Sachs has agreed to pay $3.15 billion to settle a lawsuit filed by the Federal Housing Finance Agency alleging that Goldman Sachs sold faulty residential ...
Read More »The MReport Webcast: Monday 8/25/2014
The total number of mortgage refinances in the United States experienced a slight increase in June, though overall activity for the quarter was down, according to the Federal ...
Read More »The MReport Webcast: Friday 8/22/2014
A continued slowdown in home price increases and ongoing improvements in inventory helped boost existing-home sales in July to their highest pace year-to-date. The National Association of Realtors ...
Read More »The MReport Webcast: Thursday 8/21/2014
Despite a slight easing in credit standards, the percentage of loan applications closed in July slipped to a three-month low, according to Ellie Mae. Tracking loan applications in ...
Read More »The MReport Webcast: Wednesday 8/20/2014
Homebuilders picked up the pace in breaking ground on new homes in July, reversing a two-month downward trend. According to figures released Tuesday by HUD and the Commerce ...
Read More »The MReport Webcast: Tuesday 8/19/2014
The National Association of Home Builders reported another increase in its measure of builder sentiment, marking the third straight monthly improvement. The group’s Housing Market Index, a gauge ...
Read More »The MReport Webcast: Friday 8/15/2014
Mortgage regulations introduced this year may have forced lenders to turn up their quality controls, but most don’t anticipate any change in their operational strategy. In a follow-up ...
Read More »The MReport Webcast: Thursday 8/14/2014
After half a year of failed predictions and slow starts, the U.S. economy actually appears to be closing in on normal, at least according to Freddie Mac. The ...
Read More »The MReport Webcast: Wednesday 8/13/2014
The Kroll Bond Rating Agency recently released a study saying it does not believe there will be any GSE reform for the housing finance market until at least ...
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