Content Category: Residential Mortgage
Ellie Mae: Refinances Increased 4% In October On Lower Rates
on Thursday November 20 2014 by MortgageOrb.com print the content item
The refinance share of mortgage volume flowing through Ellie Mae's loan origination system jumped to 40% of all transactions in October, up from 36% in [read more]
RealtyTrac: Fewer Homes Flipped In Q3
on Thursday November 20 2014 by MortgageOrb.com print the content item
The home flipping trend continued to slow in the third quarter, as home prices continued to rise, according to RealtyTrac's U.S. Home Flipping Report. The [read more]
NAR: Existing-Home Sales Increased 1.5% In October
on Thursday November 20 2014 by MortgageOrb.com print the content item
Existing-home sales reached a seasonally adjusted annual rate of 5.26 million in October, an increase of 1.5% from an upwardly revised 5.18 million in September, [read more]
MBA: Purchase Application Volume Jumped 12% (On An Adjusted Basis)
on Wednesday November 19 2014 by MortgageOrb.com print the content item
Mortgage application volume increased 4.9% during the week ended Nov. 14, compared to the previous week, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage [read more]
MBA Launches Private Healthcare Exchange For Members
on Tuesday November 18 2014 by MortgageOrb.com print the content item
To help its member companies hold down the cost of health insurance and other benefits to their employees, the Mortgage Bankers Association (MBA) has launched [read more]
NAHB: Home Builder Confidence Rises In November
on Tuesday November 18 2014 by MortgageOrb.com print the content item
After falling five points in October, builder confidence in the market for newly built single-family homes recovered most of that ground in November, rising four [read more]
Freddie Mac: Housing Market Will Improve In 2015
on Tuesday November 18 2014 by MortgageOrb.com print the content item
Freddie Mac is forecasting that the U.S. housing market will improve in 2015 - but that doesn't necessarily mean it will be a better year [read more]
CFPB To Lenders: Don't Discriminate Against Recipients Of Disability Income
on Tuesday November 18 2014 by MortgageOrb.com print the content item
The Consumer Financial Protection Bureau (CFPB) has issued a bulletin reminding lenders not to discriminate against borrowers who are receiving Social Security disability income. Under [read more]
CFPB Uncovers Illegal Bonus Program
on Friday November 14 2014 by MortgageOrb.com print the content item
Franklin Loan Corp., a residential mortgage lender with 18 locations across Southern California and one in Chicago, will pay $730,000 for allegedly steering consumers into [read more]
Freddie Mac: Fixed Mortgage Rates Holding Steady
on Thursday November 13 2014 by MortgageOrb.com print the content item
Rates for 30-year fixed-rate mortgages (FRMs) continued to average around 4% during the week ending Nov. 13, according to Freddie Mac's Primary Mortgage Market Survey. [read more]
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