News

Recovery nationwide is rising at a steady pace and is inching closer to the last-observed state of normalcy in the housing market, according to data from the National Association of Home Builders.

HUD made its first allocations through the National Housing Trust Fund this week. How much was allocated and where will the money be going?

A mostly disappointing April jobs report from the Bureau of Labor Statistics on Friday, combined with recent turbulence that includes a 0.5 percent GDP estimate for the first quarter, has many wondering whether another economic slowdown is on the way.

The progression of homeownership across the U.S. is declining and educational attainment is a leading factor in the direction of these numbers, according to First American Financial Corp.

First-time buyers are often faced with several barriers to homeownership including student loans, down payment savings, and balancing multiple financial priorities, but they ultimately express a desire to own a home.

Rates fell a bit lower this week, but buyers did not hurry to take out a mortgage loan. On top of that, mortgage credit has tightened this month, which could be the reason that buyers were unable to purchase a home.

The CFPB wants to cut off lenders’ ability to include clauses prohibiting borrowers and bank account holders from filing or joining class action lawsuits in their contracts.

The Q1 financial results for Fannie Mae contained much better news than the report of its fellow GSE, Freddie Mac, earlier this week.

Irvine, California-based Sperlonga Data & Analytics, a data aggregation business for non-standard credit data sources, announced an agreement to become the first company to furnish homeowner association (HOA) payment and account status data to Equifax, Inc.

Trott Law, a real estate finance law firm based in Farmington Hills, Michigan, has announced that it is celebrating its 40th anniversary this year.