Home >> News (page 1163)

News

Report Finds that Home Prices Increased by 6.3 Percent in May

Home prices nationwide, including distressed sales, increased by 6.3 percent in May 2015 compared to this time last year, according to CoreLogic’s May 2015 Home Price Index Report (HPI). This will make 39 months of consecutive year-over-year increases in home prices nationally.

Read More »

GuardianDocs Completes Calyx Software Integration

Document preparation service GuardianDocs, a division of Denver, Colorado-based domestic-based end-to-end mortgage services provider LenderLive Network, is seamlessly integrated with Calyx Software, a Dallas, Texas-based mortgage solutions provider for banks, credit unions, mortgage bankers, and brokers, according to an announcement from LenderLive Network.

Read More »

First Title & Escrow Expands Their Dallas Operations

First Title & Escrow, a national provider of origination and default title, closing, and vendor management services to the mortgage industry, recently announced the hire of Natalie Owens to their team based in First Title’s Dallas location as a National Sales Executive. In her role, she will be responsible for business development, client communication, and client management.

Read More »

Consumer Housing Optimism Could Mean Healthier Purchase Market

Consumer attitudes toward the current condition of the home selling market and future home rental prices may launch purchase activity forward for the rest of 2015, according to Fannie Mae’s June 2015 National Housing Survey. Optimism among consumers about the housing market has reached new survey highs and strong job and income growth are making consumers appear more favorable in the selling market, indicating a possible increase in the existing home supply.

Read More »

Credit Union Organizations Respond to GAO Recommendation on Vendor Authority

The U.S. Government Accountability Office (GAO) issued a report on cybersecurity last week highlighting that banks and other depository regulators need better data analytics and depository institutions want more usable threat information. The National Association of Federal Credit Unions (NAFCU) & the National Credit Union Association (NCUA) both responded to the GAO's recommendation on vendor authority.

Read More »

Greece Bailout Crisis May Hit Home and Influence Mortgage Market

Greek citizens delivered a surprising response to Europe’s leaders on Sunday, when a majority of voters rejected a deal offered by the country’s creditors. In this historic turn of events, the Interior Ministry reported that with more than 90 percent of the vote tallied, 61 percent of the voters said no to bailout terms offered by the country's international creditors, while 39 percent voted yes to these terms. Media outlets and industry experts gauged the connection that the Greece crisis can have on the U.S. mortgage industry finding that much of the issue rests with interest rates.

Read More »

CUNA Asks CFPB to Further Delay TRID Effective Date Until January 1, 2016

The Credit Union National Association (CUNA) has asked the Consumer Financial Protection Bureau (CFPB) to delay implementation of the TILA-RESPA Integrated Disclosure (TRID) Rule, also called the Know Before You Owe Mortgage Rule, until January 1, 2016. CUNA, which represents America's credit unions and their more than 100 million members, issued their request in the form of a comment submitted via email on CFPB's proposal that would delay the effective date of TRID until October 3, 2015.

Read More »

Denver Tops List of Investment Rental Markets

There are still many opportunities for real estate investors to acquire properties, despite the decrease in inventory of foreclosed homes, according to new quarterly data from HomeVestors, the ‘We Buy Ugly Houses’ organization, and Local Market Monitor, a real estate forecasting solution. According to the data, Denver, Colorado leads the top 10 list for real estate investing, while Texas dominates the top 10 holding four spots.

Read More »

FHA Proposes New Time Period for Lenders to File Claims

In order to provide a clear time frame for claim payments, the Federal Housing Administration (FHA) recently announced its proposal to establish a maximum time period for lenders to file insurance claims. The FHA also intends to revise its policy on reimbursement of eligible expenses and debenture interest when foreclosure and claim filing deadlines are missed.

Read More »