Freddie Mac: Mortgage Rates Hit New Lows For 2014
Mortgage rates dropped to new lows during the week ended Dec. 18, according to Freddie Mac's Primary Mortgage Market Survey. Ten-year Treasury yields closed at  [read more]
Fri, 19 Dec 2014 12:33:40 -0500
Ellie Mae: Refinance Volume Up 13% Since July
Mortgage refinancing volume increased for the fourth straight month in November as interest rates continued to fall, according to Ellie Mae's Origination Insight Report. Refinance  [read more]
Thu, 18 Dec 2014 17:42:39 -0500
New Tool Matches Field Services Companies To Contractors And Vice Versa
East Point Systems, which offers software solutions for the default mortgage field services industry, has launched ServiceDepot.com, a new business-to-business "matchmaker" that streamlines and expedites  [read more]
Thu, 18 Dec 2014 15:35:03 -0500
Former North Miami Mayor Found Guilty Of Mortgage Fraud
A federal jury on Tuesday convicted former North Miami Mayor Marie Lucie Tondreau for her alleged involvement in an $8 million mortgage fraud scheme. According  [read more]
Thu, 18 Dec 2014 15:09:46 -0500
Is 'Patient' Longer Or Shorter Than 'Considerable Time?'
BLOG VIEW: Yesterday, we got another muddled, vapid, near-meaningless statement from the Federal Reserve as to when it might raise short-term interest rates. I was  [read more]
Thu, 18 Dec 2014 00:00:00 -0500
Senate Extends Mortgage Debt Forgiveness Act Another Year
Homeowners who had short sales in 2014 will not have to pay taxes on the proceeds of those sales, now that the U.S. Senate has  [read more]
Wed, 17 Dec 2014 15:40:58 -0500
HOPE NOW: Loan Mods And Workouts Continued At Steady Pace In October
About 39,000 homeowners received permanent loan modifications from mortgage servicers during October, an increase of about 15% compared to the approximately 34,000 completed in September,  [read more]
Wed, 17 Dec 2014 12:45:39 -0500
Jonathan Herman: Technology Aids In Compliance, But Human Element Is Essential
PERSON OF THE WEEK: Jonathan M. Herman is a trial lawyer and a partner with Dallas-based The Middleberg Riddle Group, a regional law firm with  [read more]
Wed, 17 Dec 2014 11:17:27 -0500
MBA: Mortgage Application Volume Fell 3.3% Last Week
After jumping an impressive 7.3% the week prior, mortgage application volume fell 3.3% on an adjusted basis during the week ended Dec. 12, according to  [read more]
Wed, 17 Dec 2014 00:00:00 -0500
Mid America Mortgage Merges With Affinity Lending Solutions
Mid America Mortgage Inc., a nationwide lender licensed in more than 40 states with more than 300 employees, is merging with regional lender Affinity Lending  [read more]
Wed, 17 Dec 2014 00:00:00 -0500
360 Mortgage Among The First To Offer GSEs' 3% Down Loans
Austin, Texas-based regional mortgage lender 360 Mortgage Group is now accepting Fannie Mae and Freddie Mac 97% loan-to-value (LTV) products. In a release, the company  [read more]
Wed, 17 Dec 2014 00:00:00 -0500
Matt Martin Real Estate To Buy RealtyBid.com
Matt Martin Real Estate Management (MMREM), a diversified national real estate services firm, is set to acquire online real estate auction company RealtyBid.com for an  [read more]
Tue, 16 Dec 2014 17:26:25 -0500
MCS Announces Personnel Changes Following Acquisition Of CoreLogic Units
In a round of personnel changes resulting from its recent acquisition of the collateral solutions and field services divisions of CoreLogic, Mortgage Contracting Services (MCS)  [read more]
Tue, 16 Dec 2014 17:03:57 -0500
Housing Starts Fell Again In November
Housing starts reached a seasonally adjusted annual rate of 1,028,000 in November, a decrease of 1.6% compared to the 1,045,000 units started in October and  [read more]
Tue, 16 Dec 2014 11:17:37 -0500
NAHB: Builder Confidence Fell Slightly In December
After rising four points in November, builder confidence in the market for new homes in December fell one point on the National Association of Home  [read more]
Tue, 16 Dec 2014 11:11:12 -0500