The Making Home Affordable program is beginning to wind down; how successful has the program been at helping homeowners avoid foreclosure and remain in their homes?
Read More »Quicken Still Fighting Government’s Lawsuit Over FHA Loans
The most recent controversy from this case involves where the case should be tried.
Read More »Slow Wage Growth: Not a Sign of a Weak Labor Market
Average earnings took a step backward in February, but this should not be a sign that the labor market is not healthy, according to the San Francisco Fed. But will slow wage growth affect homebuying in the spring?
Read More »GSEs’ Expenses Are Way Up; Where Did the Money Go?
Fannie Mae and Freddie Mac returned to profitability in 2012. Since then, their net expenses have increased by more than $1 billion combined.
Read More »Millennial Homebuyers are Fleeing to the ‘Burbs
Despite popular beliefs, the millennial generation will eventually want to transition from their fast-paced, renter lifestyle into a single-family home with a mortgage, but the real surprise is where these young homebuyers are choosing to settle down.
Read More »Docutech Hires New EVP of eStrategies
Docutech, a provider of compliance and documentation technology, announced the addition of Harry Gardner as its new EVP of eStrategies.
Read More »Mortgage Rates Climb for the Second Time This Year
Interest rates for mortgage loans, which continue to remain at historic lows, saw another increase for the second time this year.
Read More »Ohio Supreme Court Closes Door on Mortgage Avoidance Actions
On February 16, 2016, the Ohio Supreme Court closed the door on mortgage avoidance actions based on a defect in execution where the mortgage has been recorded.
Read More »The Fight to Eliminate Blight Continues
While a fast track foreclosure bill aimed at eliminating blight awaits a vote in the Ohio State Senate, the U.S. Senate in Ohio has taken action.
Read More »Freddie Mac Prices Credit Risk Transaction at Nearly a Half Billion Dollars
Freddie Mac has now transferred a substantial portion of credit risk for more than $422 billion in unpaid principal balance on single-family mortgages.
Read More »