News

Homebuilders in the single-family 55+ housing market showed strong confidence in the third quarter of 2015, according to the National Association of Home Builders' Housing Market Index.

October’s healthy job gains of 271,000 reported in the Bureau of Labor Statistics’ (BLS) October 2015 Employment Summary released Friday make a December liftoff by the Fed an extremely likely possibility.

Chronos Solutions, formerly Matt Martin Real Estate Management, a diversified national real estate services firm, recently introduced a new service to help sellers in the disposition of HUD, VA, and non-performing loan (NPL) sales via its affiliate company, RealtyBid.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. With skyrocketing rents in many parts of the country, buying a home is beginning to look more attractive to millennials. Jeannie Smith, VP of sales and a home loan officer at Guardian Mortgage discusses how Millennials desire homeownership but struggle financially and how the mortgage industry can help.

Fannie Mae and Freddie Mac's 2015 third quarter earnings statements have the housing industry buzzing about taxpayers paying the ultimate cost of funding yet another bailout for the GSEs.

Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced that they’ve hired housing industry veteran Drew Foy as its newest customer support representative.

Wells Fargo & Company announced this week that the bank’s head of Home Lending Default, Perry Hilzendeger, has been named the new head of Home Lending Servicing.

The U.S. House of Representatives voted on Thursday to pass an amendment eliminating the use of guarantee fees on mortgages backed by Fannie Mae and Freddie Mac to fund a controversial $47 billion transportation bill known as H.R. 22, or the Developing a Reliable and Innovative Vision for the Economy Act.

Earlier this week, the Federal Reserve released their Senior Loan Officer Opinion Survey on Bank Lending Practices, which found that banks lowered mortgage lending standards in the third quarter of 2015. However, new housing risk research shows that the survey is "flawed."

Eased credit access is allowing more people to be eligible for mortgage loans, especially among middle-income blacks and Hispanics, but despite the uptick, they still lag behind in the housing market recovery.