News

Fannie Mae’s gross mortgage portfolio resumed its contraction in February following a rare month of expansion in January, according to the GSE’s Monthly Volume Summary for February 2016.

The report from the FHFA Office of the Inspector General covered an 18-month period from early 2013 to mid-2014.

The Five Star Institute President and CEO Ed Delgado announced Thursday at the 2016 Five Star Government Forum in Washington, D.C., that the Institute would be partnering with Ten-X to donate $50,000 to Operation Homefront.

The mortgage industry has made huge strides in terms of technological advances, offering homebuyers the opportunity to search for, tour, and make offers on homes all from digital platforms.

Median home prices are on an upward climb and inventory is remains low, but buyers are more determined that ever to unleash pent-up demand and purchase homes in these markets.

Newfound optimism in the housing market from both lenders and borrowers is causing mortgage-related complaints to subside as customer satisfaction improves and financial institutions alter the way they do business.

Housing markets in the U.S. remain stable due to employment and current mortgage payments as 2016 moves forward, according to Freddie Mac.

As overall first-lien mortgage performance improves with more borrowers maintaining their monthly payments, the need for other loss mitigation actions is dissipating.

ComplianceEase, a provider of automated compliance solutions to the financial services industry, released a new technology solution to help lenders and settlement agents comply with the TILA-RESPA Integrated Disclosure (TRID) rule.

Five Star Institute President and CEO Ed Delgado said that companies which are slow to adapt to the changing real estate environment may be in trouble.