News

Mortgage loans declined from 8.7 million to 6.0 million, or by 31 percent in 2014 compared to the previous year, mostly due to a drop in refinancing.

Ambiguity and/or delays in the loan modification process were a frequent subject of the monthly complaints report and mortgage credit access will be expanded to rural areas.

Two former Fannie Mae executives have agreed to settle with the Securities and Exchange Commission to resolve claims of fraud regarding Fannie Mae's subprime exposure before the financial crisis, according to media reports.

First-time buyers comprised 56.9 percent of primary owner-occupied home purchase mortgages with a government guarantee in August 2015, up from the 54.5 percent share last August, the American Enterprise Institute reported in their First-Time Buyer Mortgage Share Index.

As the job market continues to improve and buyers move in on a limited supply of homes, home prices increased in July, the Federal Housing Finance Agency reported Tuesday.

Housing market home values are leveling off, but there are still a few markets that are struggling to escape recession times, according to Zillow's August Real Estate Market Report.

Buyers are still motivated to purchase homes, even if the Federal Reserve decides to raise interest rates in one of their last two meetings of the year.

What was once an extremely acrimonious relationship is getting better all the time. According to a panel of experts at the 2015 Five Star Conference and Expo Friday, real estate agents and real estate auction companies are learning that a harmonious collaboration is the best solution for all parties involved.

Hensarling went on to say that Dodd-Frank exemplifies the "insidious belief" among those in Washington that the American people cannot be trusted to make financial decisions, so Washington must do it for them.

New regulations and federal oversight have servicers constantly under the gun. They must learn the rules of the road for creating effective compliance and business development strategies in today’s evolving servicing market.