According to the OCC, in increase in the number of current and performing mortgages combined with declining foreclosure activity resulted in a healthy servicing market in Q1.
Read More »Loan App Defect Risk Still Trending Down
Ethical issues with mortgage applications dropped in May, continuing a years-long downswing, according to the latest First American Loan Application Defect Index.
Read More »May Brings Further Contraction for Fannie Mae’s Portfolio
The aggregate UPB of Fannie Mae's gross mortgage portfolio has shrunk by more than 50 percent in the last six years.
Read More »West Dominates Top 10 Housing Markets
Markets in California and Utah made up more than half of the list of the top 10 performing housing markets in the nation.
Read More »Five Star to Honor Achievements of Women in Housing
The September Women in Housing issue of MReport magazine will pay tribute to the women who are having the greatest influence on the mortgage industry and feature the stories of women who overcame the odds to emerge as industry leaders.
Read More »Brexit Drives Mortgage Rates Down Near All-Time Low
Fixed-rate mortgages are dropping in the wake of the U.K.’s Brexit vote, with 30-year mortgages hitting a three-year low this week.
Read More »Existing-Home Sales Up, Albeit Slowly
The U.S. housing market remains on solid footing despite facing broader economic headwinds following a disappointing May jobs report, slowing U.S. GDP growth, and uncertainty in global markets, according to Ten-X.
Read More »Morgan Stanley’s Capital Plan is Close, But. . .
Morgan Stanley Chairman and CEO James Gorman said that the investment banking firm is “committed to addressing the Fed’s concerns about our capital planning process and fully expect to meet their requirements within the established timeframe.”
Read More »Housing Markets Grinding Toward Historical Benchmarks
Out of the 100 metros tracked by Freddie Mac's MiMi, 99 of them experienced year-over-year gains.
Read More »Fewer Millennials are Living Alone
The number of millennials living alone has been dropping for a decade, according to according to a recent report.
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