"Negative equity has become almost an afterthought in a handful of the nation's hottest markets, but is holding back the recovery in dozens of large markets nationwide," said Dr. Svenja Gudell, Zillow's Chief Economist.

ValuAmerica, Inc., a national title agency, appraisal management company and technology provider, recently announced that the company has teamed up with Black Knight Financial Services, Inc., a provider of integrated technology, data and analytics to the mortgage and real estate industries, to provide a fully integrated loan closing solution for lenders.

Castro says America is in a better place than it was a few years ago as far as housing, but is still struggling in some areas: namely, affordability and not being prepared to accommodate the baby boomer population.

The Department's complaint, which originated from a referral by the Federal Deposit Insurance Corp., says that from January 2011 through May 2014, Sage Bank originated mortgage loans to about 550 African-American and Hispanic borrowers.

OpenClose and Lending & Banking Automation Software announced that they have teamed up to provide an automated loan compensation process, which will no longer require companies to manually track commission and payouts. OpenClose is an enterprise-class, multi-channel, end-to-end loan origination system provider and LBA Ware provides commission automation software.

NAR Chief Economist Lawrence Yun stated that "Unless sizeable supply gains occur for new and existing homes, prices and rents will continue to exceed wages into next year and hamstring a large pool of potential buyers trying to buy a home."

With one last opportunity to raise rates this year, many believe that the the Federal Open Market Committee just may follow though with an obscure promise made in the last meeting in October. The Collingwood Group Chairman Tim Rood debated the possible rate hike in December and other topics on Fox Business Network.

Clayton Holdings LLC, recently announced the hiring of Mark Hughes as EVP of sales and marketing. The company provides of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry.

Did Citi deliberately ignore breaches in several billion dollars worth of residential mortgage-backed securities?

The FHFA has announced Fannie Mae's and Freddie Mac's maximum conforming loan limits for next year, and they will remain the same in most of the country. What areas will see an increase?