Foreclosures | Mortgages | Financing
By jgaffney@housingwire.com Home searching is moving more and more to smartphones, whether we accept it or not. Therefore, it’s only a matter of time before qualifying and locking a mortgage follows in those footsteps. Will your business be ready? …read more
From:: Real Estate Wire
By jgaffney@housingwire.com Home prices are closing in on their records of the last decade, reigniting fears of bubbles. Time to panic? In most markets, probably not. A few look overvalued, but that may not necessarily be the same thing as a bubble. …read more
From:: Real Estate Wire
Wednesday’s new home sales report had a positive headline. But a deeper dive into the new home sales data shows that November’s increase over October isn’t quite as promising as it appears. …read more
From:: Real Estate Wire
Sales of new single-family houses in November 2015 printed at a seasonally adjusted annual rate of 490,000, according to estimates released jointly Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development. …read more
From:: Real Estate Wire
After two weeks of remaining relatively stagnant, mortgage applications rose by more than 7% or the week ending Dec. 18, the latest data from the Mortgage Bankers Association showed. …read more
From:: Real Estate Wire
The number of homes that had foreclosure proceedings started against them hit the lowest level in nine years in the month of November, a new report from Black Knight Financial Services showed. …read more
From:: Real Estate Wire
Long the target of regulators and consumers due to its mortgage servicing practices, Ocwen Financial finds itself in a unique position in a new report from the Consumer Financial Protection Bureau: Complaints against the much-maligned nonbank keep falling. …read more
From:: Real Estate Wire
In an effort to help the industry deal with the Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosures rule , JPMorgan Chase put out a “frequently asked questions” about TRID, all that it entails, and how Chase is dealing with it. …read more
From:: Real Estate Wire
By jgaffney@housingwire.com According to The Wall Street Journal Morning MoneyBeat, this is what the latest housing data is doing to the stock market. Here is what reporter Kristen Scholer has to say. …read more
From:: Real Estate Wire
By jgaffney@housingwire.com The FHFA HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. The good news? From October 2014 to October 2015, house prices were up 6.1%. …read more
From:: Real Estate Wire