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 »Existing Sales Rise Above Market Volatility
Global market turmoil coupled with supply and demand troubles have not been enough to restrain home sales, which continue remain on a strong path supported by positive labor gains.
Read More »The MReport Webcast: Monday 5/2/2016
Mortgage interest rates have fallen by approximately 35 basis points since the start of 2016, according to Black Knight's latest Mortgage Monitor report. But borrowers are not able ...
Read More »Homeownership Rate Drops, But Not For Everyone
The nationwide homeownership rate in Q1 fell back to near the five-decade low from last year. But for one particular demographic, the rate is on the way up.
Read More »5-Step Method for Successful EAD Implementation
After many years of slowly adopting new technology, increased regulatory scrutiny is forcing the hand of the mortgage industry; and organizations are trying catch up at breakneck pace. This 5-step method gives lenders a map toward EAD implementation. Editor's note: This select print feature appears in the April 2016 edition of MReport magazine, available now.
Read More »Mortgage Roundup: What is the Deal With Rates, Applications?
Mortgage rates and applications had been on a continuous trend of low rates and high applications, but they have now changed course and are heading in an opposite direction.
Read More »Pending Home Sales Hit Highest Level in Nearly a Year
Pending home sales returned with a vengeance in March to the highest reading since May 2015, despite inventory deficiencies and rising home prices.
Read More »The Path to Homeownership for Young Adults
Young homeowners face many barriers of entry in the housing market, but these young buyers are using an alternate source of funding to get a mortgage loan.
Read More »Retirees Stuck in Buying vs. Renting Dilemma
Should retirees plan to buy a home or rent one once their working days are done? According to a newly released Rent vs. Buy Report from Trulia, that depends on the legacy they want to leave behind.
Read More »Single-family Home Sales Come Up Short
New single-family home sales fell short of expectations in March 2016, falling for the third consecutive month, according to data released Monday from the U.S. Census Bureau and HUD.
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