When it comes to applying for a mortgage, gender matters. Lenders are working to close the divide. This article takes a look at how big a factor the disparity in income levels is in mortgage lending decisions, and considers what other factors may be at play. Editor's note: This select print feature appears in the August 2015 edition of MReport magazine, available now.
Read More »U.S. Housing Starts Expected to Reach 1.07 Million in 2015
Housing construction trends are showing signs of an increase in total housing starts this year, according to Metrostudy's second quarter 2015 Home Building Outlook, which reviews housing construction trends across the top 100 housing markets nationwide.
Read More »Housing Markets Edge Closer to Normal Levels
The housing market is slowly but surely inching closer to normal levels with the help of economic and job growth, according to the National Association of Home Builders/First American Leading Markets Index released Thursday.
Read More »Fannie Mae’s Net Income More Than Doubles for Q2; Pace Slowed From Last Year
Fair value gains were the primary driver as Fannie Mae's net income more than doubled from the first quarter to the second quarter, according to an announcement from Fannie Mae on Thursday.
Read More »After a Year of Ups and Downs, Green Tree Announces Merger
Green Tree Servicing is merging with Ditech Mortgage Corp., according to an announcement on Thursday from Green Tree. The merge will be effective August 31, 2015.
Read More »CFPB Study Says Consumers Can Benefit From eClosings
Borrowers that close their mortgage using an electronic platform typically have a greater understanding toward the process and are more efficient and empowered, compared to those that take the paper route.
Read More »CFPB Issues PMI Cancellation and Termination Guidance Bulletin
The Consumer Financial Protection Bureau issued a bulletin on Tuesday providing guidance to servicers regarding the cancellation and termination of private mortgage insurance.
Read More »Buying Demand & Affordability Move Home Prices Up by 6.5 Percent in June
Home prices are edging up once again thanks to pent up buyer demand, affordability, consumer confidence, and an improving labor market.
Read More »Freddie Mac’s Q2 Net Income Increases Ninefold
Freddie Mac's net income soared for the second quarter of 2015, totaling $4.2 billion—nearly nine times the GSE's Q1 net income of $524 million, according to an announcement from Freddie Mac on Tuesday.
Read More »Codilis & Associates Welcomes Kelli Snowgren Garcia as Marketing Representative
Chicago-based default servicing law firm Codilis & Associates has announced the hiring of Kelli Snowgren Garcia as a marketing representative.
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