Irvine, California-based Sperlonga Data & Analytics, a data aggregation business for non-standard credit data sources, announced an agreement to become the first company to furnish homeowner association (HOA) payment and account status data to Equifax, Inc.
Read More »10 Cities Where Are Homes Selling Fastest
There are two occurrences happening simultaneously in the market: some of the hottest housing markets may be slowing down, while those that have been slow to rebound are finally heating up.
Read More »Is Ginnie Mae the Answer to GSE Reform?
If the GSE reform should happen, the industry should aim to meet the needs of future generations of homeowners, not the want of political interests. In order to do this, however, Ginnie Mae will need to come forward as its own government corporation.
Read More »Homebuyers Less Diligent When Shopping Online
Of all the major purchases in life, a home purchase in probably the biggest investment a consumer will make. So, it's surprising to find that homebuyers spend more time researching a car than their home loan.
Read More »The Face Off—FHA vs. Private Mortgage Insurance
In the time period following the housing market collapse, private mortgage insurance was not easy to obtain. This left the door open for the FHA to step in to accommodate low-down payment borrowers and pick up more market share. But the tables have since turned.
Read More »Why the New PMI Reduction Will Reel in FHA Borrowers
The recent reduction in private mortgage insurance fees has made getting a mortgage loan a lot easier and may begin to pull high quality borrowers from the Federal Housing Administration.
Read More »Bad News for Walter Investment’s Origination, Servicing Segments
Walter Investment Managaement Corp., on Tuesday continued a trend observed among many non-bank servicers in the last year and the start of this year with a major loss to its first quarter earnings, particularly in its mortgage servicing and origination segments.
Read More »Home Prices Nearly Halfway Recovered From Bottom
Home prices continued to keep their rising pace in March 2016 and are up 40 percent from the bottom hit five years ago, CoreLogic reported in its Home Price Index and HPI Forecast.
Read More »Bank of America Places FHLBank Settlement in the Rearview
Bank of America announced this week that it has settled mortgage-related complaints with a Federal Home Loan Bank, the bank stated in a filing with the Securities and Exchange Commission.
Read More »CalyxSoftware Announces First Annual National User Conference
CalyxSoftware, a provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders, and brokers, announced today that it will host ASCEND16, the company’s first national user conference.
Read More »