The debate around Property Assessed Clean Energy (PACE) programs is heating up with the Federal Housing Administration (FHA) announcement permitting FHA-insured mortgages on some PACE-assessed properties.
Read More »The Week Ahead: Will New Home Sales Rise Higher?
New single-family home sales took a notable upturn in July, with the month becoming the best month for new sales since 2007, according to HUD and the U.S. Census Bureau.
Read More »Servicing Refinement Brings a More Sustainable Pace
MReport speaks with Michael Waldron about the current trends being seen in the servicing sector of the industry as well as his thoughts on how well the CFPB is working with comments from servicers on the new servicing updates.
Read More »Millennial Meccas Boom in South and West
California, Texas, and Colorado are luring millennial buyers, who seek areas with solid job growth and affordable (for the area) housing markets, according to a new report by Realtor.com.
Read More »Mortgage Rates Fall After Post-Brexit High
Average fixed mortgage rates fell down slightly from last week's post-Brexit high, according to Freddie Mac’s Primary Mortgage Market Survey for the week ending September 22, 2016.
Read More »Financial Stability Oversight Council Presents Annual Report
The Committee on Financial Services held a hearing to receive the “Annual Report of the Financial Stability Oversight Council” and the Secretary of the Treasury’s testimony.
Read More »Mortgage Fraud Risk Increases in Q2
CoreLogic recently released its latest Mortgage Fraud Report and as of the end of the second quarter of 2016, the report shows a year-over-year increase in fraud risk.
Read More »Double Down: Existing Home Sales Decline in August
Existing-home sales dropped for the second straight month in August, despite job growth and still-low mortgage rates, according to the National Association of Realtors.
Read More »U.S. Housing Prices Inch Higher
U.S. house prices remained largely flat in July, up 0.5 percent on a seasonally adjusted basis from the previous month, but was up noticeably when compared to last year, according to the latest FHFA monthly House Price Index report.
Read More »Refi Activity Sees Summer Spike
The mortgage industry continues to feel the effects of the Brexit vote from late June, as refinancing activity exploded during the summer.
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