What are some of the initiatives Fannie Mae and Freddie Mac plan to implement in 2016?
Read More »Comptroller Issues Warning to Banks on Credit Risk
The risks facing national banks and federal savings associations are real, and regulators and bank management need to act now to prevent those risks from becoming reality, according to Comptroller Thomas J. Curry.
Read More »It’s Official: The Fed Finally Raises Rates
The Federal Reserve made the long-awaited, much-anticipated announcement on Wednesday afternoon that federal funds target rate will increase by 25 basis points from its near-zero level where it has been since 2006.
Read More »Summit Valuations Unveils a New Website for 2016
In order to provide its users with more information about valuation services, Summit Valuations, LLC, recently announced that the company has launched a new website for 2016.
Read More »FHFA Proposes Rule for Fannie Mae, Freddie Mac to Offer Mortgages to Underserved Markets
The proposed regulation will require the GSEs to serve three underserved markets including manufactured housing, affordable housing preservation, and rural markets.
Read More »Are Rising Consumer Credit Default Rates Becoming a New Trend?
Consumer credit default rates, including first and second mortgage default rates, increased for the second consecutive month in November. Should the industry be concerned?
Read More »Here’s what Home Price Growth and Declining Negative Equity Mean for the Housing Market in 2016
The number of homes with equity has been on the rise while the number of homes with negative equity has been falling. What are the implications for the mortgage market and for the overall economy?
Read More »How are Residential Mortgages Performing at the Largest Banks?
What effect has the improved economy had on the share of mortgages at the largest banks that are current and performing, as well as on those that are delinquent?
Read More »Kick-Off: All Eyes on the Fed for the First Interest Rate Hike since 2008
This week the Federal Reserve is looking to raise interest rates, key housing indicators will show how the market is doing, there's a look at key economic indicators as 2015 closes, and we get a preview of how consumers are looking at things going into 2016. Read on.
Read More »Mortech Mortgage Pricing Technologies Now Integrated with Calyx Point
Mortech, a Zillow Group business that offers technology solutions for mortgage bankers and secondary market teams, announced Tuesday that they will be integrating mortgage pricing and loan technologies with Calyx Software.
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