Mortgage applications for new homes are up nearly 16 percent over the year and 2 percent since January 2017, according to recent data.
Read More »FDIC Official Plots Changes for Dodd-Frank’s Bank Regulations
The proposed rules would seek to provide banks with forms of regulatory relief and tie up insolvency concerns for those considered too big to fail.
Read More »Lenders See Tech Integration As Key to Loan Cycle
As Fannie Mae has reported in its most recent Lender Sentiment Survey, lenders’ experiences with next-generation technology service providers (TSPs) has varied greatly. But nearly all see integration as the future.
Read More »HUD Budget Cuts Shake the Housing Industry
The proposed plan will tighten fiscal policies for public housing and could potentially eliminate federally funded community development grants.
Read More »Credit Loosens as Investors Step In
Mortgage credit is up month-over-month thanks to more investors getting into the market and streamlined documentation loans by FHA, one report shows.
Read More »Economic Diversity Rises Bringing Home Prices With it
According to a new housing index, markets nationwide are becoming more economically diverse. However, as prices rise, affordability drops and some metros like Detroit are seeing a spike in racial segregation.
Read More »One Million Homeowners Regained Equity Last Year
Nearly $800B in equity returned to U.S. homeowners in 2016; 94 percent of homeowners considered in the black. Negative equity decreased in Q4.
Read More »Black Knight Financial Services Launches Risk Mitigation Tool
Black Knight’s newest tool will allow companies to efficiently identify impending liabilities and minimize title insurance claims.
Read More »Which States Made the Most Strides Since Housing Crisis?
According to a recent credit condition study, the Midwest has the best credit conditions compared to states in the South and Southwest.
Read More »Consumers Feel That Now is a Good Time to Buy Real Estate
Consumer sentiment is up with Americans reporting that their household income is higher than it was 12 months ago, they expect home prices to go up, and they think mortgage rates will go down over the next year.
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