Content Category: Residential Mortgage
Ginnie Mae To Go Paperless Starting Sept. 1
on Thursday July 24 2014 by MortgageOrb.com print the content item
Ginnie Mae reports that it is moving from a paper-based issuer application process to an electronic system. Starting Sept. 1, applicants will be required to [read more]
New Home Sales Dropped 8.1% In June As Production Fell
on Thursday July 24 2014 by MortgageOrb.com print the content item
Sales of new single-family homes fell a dramatic 8.1% in June, compared to May, and were down 11.5% compared to June 2013, according to estimates [read more]
NAR: Existing-Home Sales Increased 2.6% In June
on Wednesday July 23 2014 by MortgageOrb.com print the content item
Existing-home sales increased to a seasonally adjusted annual rate of 5.04 million in June from an upwardly revised 4.91 million in May - a 2.6% [read more]
MBA: Mortgage Application Volume Seesawing In July
on Wednesday July 23 2014 by MortgageOrb.com print the content item
Mortgage application volume continued to seesaw, increasing 2.4%, on an adjusted basis, during the week ending July 18 after dropping slightly the previous week, according [read more]
Freddie Mac's July Outlook Shows Mixed Results After 'Bittersweet' First Half
on Tuesday July 22 2014 by MortgageOrb.com print the content item
As we head into the second half of 2014, there is a mixed bag of results for the housing recovery, according to government-sponsored enterprise (GSE) [read more]
Man Wins $16M In Mortgage Modification Fraud Battle
on Tuesday July 22 2014 by MortgageOrb.com print the content item
A California man has been awarded nearly $16 million after a mortgage modification battle with PHH Mortgage Corp., a subsidiary of PHH Corp. According to [read more]
New York Home Sellers Enjoyed Gains During First Half Of Year
on Tuesday July 22 2014 by MortgageOrb.com print the content item
Home sellers across New York State saw more offers near or at their asking price during the first half of 2014 - receiving 95.2% of [read more]
Fannie Mae Prices Fourth And Largest Credit Risk Sharing Transaction
on Monday July 21 2014 by MortgageOrb.com print the content item
Government-sponsored enterprise Fannie Mae has priced its fourth - and largest - credit risk sharing transaction under its Connecticut Avenue Securities (C-deals) series. The $2.05 [read more]
Altisource To Acquire Mortgage Builder Software
on Monday July 21 2014 by MortgageOrb.com print the content item
Altisource Portfolio Solutions SA - a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries - has entered into a [read more]
Home Values In Many Markets Will Not Recover Until At Least 2017
on Monday July 21 2014 by MortgageOrb.com print the content item
The housing recovery is still very much in its middle stages, as home values in half of the nation's 100 largest metro areas will not [read more]
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