Parkside Lending, LLC, recently announced it will now go to 95 percent LTV without mortgage insurance on its expanded Jumbo program. The company designed the new Jumbo offering to help creditworthy borrowers with a down payment or equity as low as 5 percent fit into a traditional Jumbo loan.
Read More »First American’s Datatree First to Offer Residential Building Data in Orange County, California
First American Financial Corp., recently announced that its DataTree property research solution is the first to offer a comprehensive collection of residential building characteristic data for Orange County, California properties.
Read More »Housing Market Displays Signs of Health; Suggests Sustainable Expansion in the Future
The majority of metro housing markets are showing signs of health, which will make for sustainable growth in the near-term, according to Nationwide's Health of Housing Markets Report.
Read More »Subprime Mortgage Originations Rise During First Five Months of Year
Lenders across the U.S. appear to be offering borrowers a second chance at obtaining a mortgage by originating more subprime mortgages for borrowers with credit scores under 620.
Read More »Housing Markets Continue to Show Stability
As more consumers catch up on their mortgage payments, employment progresses, and home prices rebound, the housing market continues to improve and exhibit more stability.
Read More »Mortgage Originations Drop 31 Percent in 2014, HMDA Data Finds
Mortgage loans declined from 8.7 million to 6.0 million, or by 31 percent in 2014 compared to the previous year, mostly due to a drop in refinancing.
Read More »CFPB Complaint Report Finds Loan Mod Issues; Mortgage Credit Access Expands to Rural Areas
Ambiguity and/or delays in the loan modification process were a frequent subject of the monthly complaints report and mortgage credit access will be expanded to rural areas.
Read More »First-Time Buyer Mortgage Share and Risk Rises in August
First-time buyers comprised 56.9 percent of primary owner-occupied home purchase mortgages with a government guarantee in August 2015, up from the 54.5 percent share last August, the American Enterprise Institute reported in their First-Time Buyer Mortgage Share Index.
Read More »Home Prices Increased in July as Job Market Improves & Demand Rises
As the job market continues to improve and buyers move in on a limited supply of homes, home prices increased in July, the Federal Housing Finance Agency reported Tuesday.
Read More »Over a Quarter of Homes Depreciated in the Last Year
Housing market home values are leveling off, but there are still a few markets that are struggling to escape recession times, according to Zillow's August Real Estate Market Report.
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