Slow household formation, mortgage demand, and compliance costs associated with new regulatory requirements are impacting lenders' business operations and profitability in the housing market.
Read More »Mortgage Rates Rise as Turbulent Financial Markets Settle Down
After two months of consecutive declines in mortgage interest rates Freddie Mac reported that they have finally moved upward amidst subsiding financial market turbulence.
Read More »Fannie Mae, Freddie Mac Deemed Private Companies by 9th Circuit Court
The Ninth Circuit Court of Appeals affirmed a decision by a lower court that Fannie Mae and Freddie Mac are "private companies." What will the ruling mean, if anything, for the pending lawsuits by GSE investors who claim the Net Worth Sweep is illegal?
Read More »Credit Unions Reel in Over $1 Trillion in Assets for Q4
Credit unions performed extremely well in the fourth quarter of 2015, with the highest share growth since 2009, strongest loan growth in 10 years, and the highest rate of member growth in 30 years.
Read More »Not Cold in the Winter: Here are the Hottest Markets for Single-Family Housing
Based on the best combination of rising home prices, favorable affordability, and strong demand mixed with demographic and economic conditions that suggest strong future demand for housing, where are the hottest single-family housing markets located?
Read More »Citi Homeowners Lose Mortgage Modification Appeal Suit
Citigroup Inc., recently received a victory in an appeals for a case involving homeowners allegedly not receiving the agreed-upon terms in their mortgage modifications.
Read More »Clayton Holdings Names New Senior Managing Director of Lending Services
Clayton Holdings LLC, a global provider of mortgage and real estate market risk management solutions, announced that Brian Wornow has joined the company as Senior Managing Director of Lending Services.
Read More »How are Originators Handling the Qualified Mortgage Rule?
Several mortgage lenders and technology providers reveal to MReport just how they are faring with the QM rule and if it is affecting their business operations.
Read More »Mortgage Applicants Not Motivated by Low Rates
Mortgage interest rates continue to decline to historical lows, but this phenomenon is not motivating homebuyers to purchase a home.
Read More »Financial Services Committee Approves Relief Bills for Mortgage Industry
At the first legislative markup in 2016, the Financial Services Committee unveiled 10 bills to help grow the economy through regulatory relief and capital formation the nation’s Main Street businesses.
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