Employment numbers and current mortgage payments among buyers are driving the health of the housing markets across the U.S., according to Freddie Mac's Multi-Indicator Market Index (MiMi).
Read More »Fed Reverts Back to Old Ways, No Rate Hike This Month
Given the rough start to 2016, some in the industry are beginning to question if the Fed will dial back on its December decision or ease up on the four "gradual increases" projected for this year.
Read More »New Home Sales Exceed Expectations
There was no seasonal, holiday slowdown for new home sales, as buyers showed their increasing demand for housing by purchasing more homes since the end of the financial crisis.
Read More »Freddie Mac’s Mortgage Investment Portfolio Changes Course
After months of contraction, mortgage-related investments pick up the pace.
Read More »The Big 3: Tech Changes Innovating the Mortgage Industry
CoreLogic identifies a few of the largest tech changes that the mortgage industry has implemented in their businesses as a result of new regulations like the TILA-RESPA Integrated Disclosure rule and the Home Mortgage Disclosure Act.
Read More »Top 10 Cities Where a Mortgage can be Paid off the Fastest
After investing in a home, buyers can expect to be billed every month for about 15 to 30 years. Read on to see where Realtor.com finds that a mortgage payment would not drag out for the entire life of the loan.
Read More »The Housing Low Down on the Oil Crisis
Those low oil prices may seem like a blessing in disguise, but are they really good for housing and the overall economy? Here's what you need to know about America’s new crisis.
Read More »Rising Home Prices not Enough to Offset Weak Spots in Economy
In the midst of what some are calling a global crisis—due to weaknesses in the energy sector and stock market combined with the effects of an overly strong U.S. dollar—home prices continue to move upward. Despite this however the housing sector is just not large enough to carry the weight of the world.
Read More »What’s Eating Credit Unions?
Northwest Federal Credit Union President and CEO Chris McDonald discuss some of the hot-button issues affecting credit union in today's mortgage industry. Editors Note: If you want to read more about what today’s top credit union executives have to say about their businesses, be sure to catch the February 2016 print edition of MReport, where hot topics affecting credit unions will be explored in-depth.
Read More »CFPB’s Authority in Question over Legal Battle
One case in the Consumer Financial Protection Bureau's portfolio has many in the mortgage industry questioning whether or not the organization's power and authority is used unjustly. Unlike other government agencies, the power of the agency is left on one man's shoulders: CFPB Director Richard Cordray.
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