Nationstar Mortgage Holdings’ president and COO, Harold Lewis recently announced his retirement from the company effective May 31st.
Read More »Investor Survey Finds Positive Market Activity
Visio Financial Services, a residential real estate marketplace lender in the U.S., revealed the results of its Annual Residential Real Estate Investor Report today. The report found that investors are expanding their property searches, buying in higher price bands, and broadening their strategies in 2015.
Read More »New York Fed Reports that Mortgage Balances Place Hold on Debt
The Federal Reserve Bank of New York (New York Fed) released their Household Debt and Credit Report this week that showed household debt balances including, mortgages, credit cards, auto loans, and student loans were “largely flat for Q1 2015.”
Read More »Valuation Vision Introduces New Proprietary Valuation Solution
Valuation Vision (V2) announced in a recent press release that BPOMerge will be available through FNC’s AppraisalPort. Valuation Vision is a nationwide provider of alternative valuation products.
Read More »Index Shows Housing Affordability Up for Q1
The National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released the results of their index today, noting that housing affordability nationwide received a boost for Q1 2015 due to low home prices and interest rates.
Read More »FHFA: Stress Tests Reveal How Low House Prices Can Go
The Federal Housing Finance Agency (FHFA) recently released a new working paper titled, “How Low Can House Prices Go? Estimating a Conservative Lower Bound,” identifying a conservative lower bound for home prices in relation to long-term trend.
Read More »National Home Cash Sales Cash Down for February 2015
CoreLogic released data on cash home sales today, finding that cash sales made up 37.9 percent of total home sales nationally in February 2015, down from last year's total of 40.6 percent. February 2015 will mark the 26th consecutive month that the share has dropped year-over-year since January 2013.
Read More »Student Loans Not Affecting Credit Access of Millennials
A TransUnion study discovered that in spite of the rises in student-loan balances for the past decade, younger consumers have not allowed loan obligations to hinder repayment of other credit-related items such as auto loans and mortgages when compared with peers with no student loans. These findings place a contradiction on the belief that student debt is preventing young adults from accessing credit.
Read More »National Appraisal Congress Renews Aspen Grove Solutions as ‘National Sponsor’
In its second year, the National Appraisal Congress—a Five Star Institute membership group formed to advocate on behalf of appraisal professionals and the valuations industry—has signed property software and technology provider Aspen Grove Solutions as a returning National Sponsor.
Read More »All Federal Home Loan Banks Record Positive Net Income
At this year's Federal Home Loan Banks (FHLBanks) directors' conference, speaker FHFA Director Melvin L. Watt, delivered a speech regarding the past year of positive developments that occurred in these 12 banks.
Read More »