Supply and demand troubles have been constant burdens on the housing market's recovery, and Ten-X.com (formerly Auction.com) predicts that existing-home sales will be affected by the lack of options in the market.
Read More »Lenders Optimistic About Diverse Growth Opportunities
Despite recent reports surrounding the dismal state of the U.S. economy, the housing market remains strong and unbothered by such news, particularly mortgage lenders.
Read More »Fannie Mae’s Mortgage Portfolio Kicks Off 2016 With Rare Expansion
January was only the fourth time since June 2010 that the portfolio has experienced growth month-over-month.
Read More »The Results Are In: How Did the Presidential Candidates Fare on Super Tuesday?
It was survival of the fittest among the 2016 presidential candidates on Super Tuesday as they endured 12 primaries and caucuses in different states, ultimately putting their campaigns to the test. Who came out on top and what do these hopefuls intend to contribute to housing in the U.S.?
Read More »Rents Increasing Faster for Renewals on Single-Family Rental Properties
Morningstar Credit Ratings reported that managers of properties in single-family rental securitizations have been steadily increasing rents more for renewals than for new tenants for vacant properties over the past two years.
Read More »CFPB: Mortgages Top the Most Complained About Financial Products
Mortgage loans in today's housing market are not keeping homebuyers happy, as they are most complained about product in the eighth volume of the Consumer Financial Protection Bureau's Monthly Complaint Report.
Read More »Construction Spending Highest Since 2007
Construction dollars continue to rise in the midst of an inventory deprived housing market. Could the shortage of housing options be coming to an end?
Read More »Millennials, Non-whites are Dreaming of Homeownership
The American Dream is the idea that every U.S. citizen should have an equal opportunity to achieve success and prosperity through hard work, determination, and initiative, but there are some that associate this dream with owning a home.
Read More »Ocwen Announces New Chair of the Board of Directors, Independent Director
Ocwen Financial Corp., recently announced that current independent director Phyllis R. Caldwell will replace Barry N. Wish as Chair of the Company’s Board of Directors.
Read More »FGMC Appoints National TPO Sales Director
First Guaranty Mortgage Corporation, a Virginia Corporation, providing residential mortgage lending services for over 25 years, has appointed correspondent lending sales veteran, Tom Davis to be its National TPO Sales Director.
Read More »