The salary consumers need to purchase a home varies from city-to-city across the country, but San Francisco remains the most unaffordable city all consumers except those with high salaries, according to a recent HSH.com survey.

MCS Valuations, LLC (MCSV), a nationwide provider of appraisals, broker price opinions, and other valuation-related products to the financial services industry, has named Rebecca English assistant VP of operations in Sandy, Utah, according to a recent press release.

Moody's Investors Service recently released a rating action report revealing that it has downgraded the ratings of three tranches issued from Fannie Mae REMIC Trust 2001-W3.

First American Title Insurance Company, a provider of title insurance and settlement services and the largest subsidiary of First American Financial Corporation has launched its TILA-RESPA Integrated Disclosure (TRID) Tool Kit for First American-affiliated title agents.

Morgan Stanley recently released a report discussing the minutes from the April 28-29 Federal Reserve Open Market Committee (FOMC) meeting titled, “FOMC: Resolve Stirred, Not Shaken” written by Ellen Zentner, chief U.S. economist at Morgan Stanley.

According to jointly released estimates by HUD and the U.S. Census Bureau, sales of new single-family houses in April 2015 increased 6.8 percent from last month to a seasonally adjusted annual rate of 517,000 units. The March rate was 484,000 units and is 26.1 percent above the estimate of 410,000 for April 2014.

According to the Federal Housing Finance Agency’s (FHFA) quarterly House Price Index (HPI), U.S. house prices increased 1.3 percent in Q1 2015. The S&P/Case-Shiller Home Price Indices also indicated in their monthly report that home prices continued rise for March 2015.

Credit Plus Inc., a provider of intelligent insight for mortgage professionals based in Salisbury, Maryland, has announced in a press release that Colleen Knapp will be joining their sales team as SVP, national product specialist.

Capital One Financial Corporation has chosen Desmond P. Smith to be the company’s new head of sales for Capital One Home Loans based in New York City, according to a press release. His new role will consist of building a mortgage sales team throughout the company’s branch footprint.

Black Knight’s Data and Analytics division released its monthly Home Price Index (HPI) report today that is based on March 2015 residential real estate transactions, revealing that home prices have seen their largest monthly gain since 2013.