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Five Star President and CEO Ed Delgado, who initially proposed the idea for the report last year, stated that the purpose of the report was not to "dismiss or diminish" the validity of the inquiries by consumers, but rather to "position and better understand the data."

According to the authors, the implications of modification-induced strategic defaults are different between current and delinquent borrowers.” For loans current before a modification, defaults involve borrowers intentionally stopping payments in order to become eligible for mortgage modification.

The recently released April report finds that homeowners in Hawaii have the country’s lowest property tax burden, coming in at an average of $482 per year. Meanwhile, New Jerseyans must contend with the highest property taxes, paying an average of just under $4,000 a year.

According to FHLB Des Moines, the merger will lead to an institution that will serve nearly 1,500 financial institutions in 13 states and three U.S. territories, making the combined bank be the largest in the FHLB system in terms of membership and geography.

Freddie Mac began the STACR program in the second half of 2013 as part of the Enterprise’s goal of reducing risk to taxpayers by increasing private capital’s role in the mortgage market.

In their monthly Mortgage Monitor Report, Black Knight reports the number of potential refinance candidates currently sits at 7.1 million, a substantial increase form just 4.1 million potential borrowers in February 2014. However, Black Knight’s SVP of Loan Data Products, Trey Barnes, says that number is fragile. According to Barnes, any increases in mortgage rates could cause that number to drop, even marginally.

According to data they used from the American Housing Survey, over 14 million single-family homes in the U.S. were renter occupied in 2013. This represents 12 percent of the entire U.S. housing stock, or in other words, 1 in 8 U.S. households, and more than one-third of the rental housing stock.

The conference, entitled The Housing Affordability Opportunity: Lowering Costs and Expanding Supply is a two part event hosted in partnership with Habitat for Humanity International and Enterprise Community Partners and will focus on the issue of expanding housing across the nation.

After months of solid gains with the administration touting that the labor market is at its healthiest level since the turn of the century, payroll employment increases for March fell well short of expectations with just 126,000 jobs added, according to data released the Bureau of Labor Statistics on Friday.

After extensive research, data scientists from FICO found that info such as property records, telecommunications, and utility information can be used as reliable sources to score 15 million consumers who do not have enough credit data to generate FICO score. By using this alternative data from LexisNexis and Equifax, FICO will give card issuers a FICO score that complies with relevant regulations that they can use to extend credit responsibly to millions of additional people.