With the latest foreclosure levels reporting declines after an unusual spike in October, it is only natural that the mortgage default rate stayed consistent with the month before as well as decreased from the year prior.
Read More »Are Some Housing Markets Bubbling Over?
In November’s Home Value report from Pro Teck Services, the top 10 core-based statistical areas that saw the largest home values also experienced a double-digit percent decrease in foreclosures ratio – a further sign of market health and recovery. However, are some of these markets at risk of bubbling?
Read More »FHFA Final Rule Brings Welcome News for Non-Bank Servicers
The Federal Housing Finance Agency announced today the issuance of the Acquired Member Assets Final Rule to reorganize and relocate the current regulation governing the Federal Home Loan Banks' AMA programs.
Read More »Regional Spotlight: Digging Deeper into Mortgage Debt Trends
Sometimes national housing metrics don’t tell the whole story when it comes to determining recovery across the country. In the latest Quarterly Debt Monitor, four MSAs are compared tothe national average based on mortgage debt and mortgage serious delinquency rate.
Read More »Is it Déjà Vu All Over Again with Delinquencies?
Similar to the latest reports from CoreLogic and ATTOM Data Solutions, the December Chartbook found that foreclosure and delinquency levels are dropping further still after the unprecedented levels seen following the housing crisis.
Read More »Industry Leader Wants to Streamline FHA
Several names have been thrown into the ring for FHA Commissioner including Ed Brady, Chairman of the Board for the National Association of Home Builders. DS News spoke with Brady, who shared his perspective on the work that needs to be done in housing policy.
Read More »The Week Ahead: Home Prices Move Full Speed Ahead
Nationally, prices for homes guaranteed by Fannie Mae and Freddie Mac rose in Q3. Which geographic regions experienced greater increases than the national average?
Read More »Are Foreclosure Investors Pulling a Disappearing Act?
A new report from Realtor.com shows that investors who initially acquired foreclosed homes in bulk post-housing crisis, have now begun to cash out or slow the rate of their acquisitions.
Read More »Here’s What the CFPB Has in Store for 2017
As 2016 comes to a close, those in the industry as offering their predictions and forward thinking plans for the new year and the Consumer Financial Protection Bureau is no different.
Read More »CitiMortgage, the Scores Are In…
A recent report brings good news to CitiMortgage, Inc. (CMI) as the institution’s U.S. Residential primary servicer rating for prime product and U.S. Residential master servicer rating both received high ratings from Fitch Ratings.
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