News

Earlier in August, 65 House Democrats wrote a letter to the CFPB urging them to pass their proposal to ban the use of arbitration clauses in business contracts. Now several state attorneys general are behind the proposal.

Despite the 30-year, fixed mortgage’s desirable and stable conditions, it has been shown to evolve with the change of market forces, demographics and demand.

The national credit picture took a nine basis point dip in July from the year prior, as mortgage and consumer credit default rates overall stay steady on a month-over-month basis.

Real estate auction marketplace Hubzu has introduced new features to help traditional home buyers purchase REO properties as their next residence.

Fannie Mae is reminding those homeowners affected by the floods that have submerged huge areas of Louisiana that there are options for relief from the bills, at least in the near-term.

Student debt has long been thought to hinder new homeowners from entering the market, but recent data from Fannie Mae shows that this may not be a factor anymore.

The CFPB published its proposed updates to TRID on Monday, opening the 64-day comment period on the controversial mortgage disclosure rule.

The score for the Housing Market Index rose this month along with the rankings for the housing market’s single family sales (current and within the next six months).

In the midst of financially difficult Q2 earnings for non-banking mortgage servicers, PennyMac Financial Services, Inc. reports a profitable net income for the second quarter of 2016,

First American Title Insurance Company has announced the promotion of Judd Hoffman to the position of president of the company’s Direct Division. The promotion will take effect on January 1, 2017.