Still Dead: Mortgage Purchase Applications Decline 16% YoY, Refinancing Applications Up 0.1%
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National Mortgage News- FHA distressed loan servicing: When less costs moreWhile the volume of distressed loans insured by the Federal Housing Administration and Department of Veterans Affairs is down from its peak, the mortgages are no less complicated to service.
- Median home price hits new high: RemaxRising demand and declining housing inventory are pushing home sales faster and at higher median prices than ever before, according to Remax.
- The hard part of reg relief is just getting startedThe federal bank regulators are considering roughly a dozen new rulemakings in response to the bill rolling back certain sections of Dodd-Frank.
- Relief in sight for homebuyers in high-priced West Coast citiesPrices have been surging for years on the West Coast as house hunters fight for the few available listings. Now the tide could be shifting.
- FHA distressed loan servicing: When less costs more
- HousingWire- Mortgae News
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- Mortgage Daily
- Mortgage Biz Slips, Purchases Down Most July 21, 2018New mortgage activity slowed down this week, and purchase financing took the biggest hit. At the other end of the spectrum were refinances, which jumped from a week ago. Refinance and government share both widened, as did the jumbo-conforming spread A 1 percent week-over-week drop was recorded for the Mortgage Daily U.S. Mortgage Market Index for the seven-d […]
- Fraud Alleged by Quicken Affiliate in Huge Lawsuit July 20, 2018A valuation affiliate of Quicken Loans Inc. is accusing HouseCanary of using fraud to obtain a more than $700 million verdict in an ongoing lawsuit.In March, a Bexar County District Court jury in Texas awarded HouseCanary a $706.2 million judgment against Quicken Loans-affiliate Amrock Inc.At issue was valuation technology that was allegedly misappropriated […]
- SF Endorsements Up, Delinquency Down at FHA July 20, 2018Monthly new business was moderately higher in the Federal Housing Administration's residential business, while loan performance improved. But commercial mortgage endorsements plunged.Data reported by the Department of Housing and Urban Development indicate FHA insurance was in force on 8,613,099 residential loans for $1.3269 trillion as of May 31.Reflec […]
- Mortgage Biz Slips, Purchases Down Most July 21, 2018
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