News

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.

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.

Why is the outlook for housing so bright for 2016?

A summary of the mortgage industry during 2015 in one word is “TRID”; in two words, “TRID” and “Terror.” As 2016 commences, TRID may still be at the forefront of the industry, but perhaps for a different reason

With foreclosure volumes—and the need for loss mitigation—on a steady decline, the question is whether or not housing markets can sustain their growth.

Potestivo & Associates, a legal solutions provider for the real estate finance and credit industries headquartered in Rochester Hills, Michigan, has announced the opening of a new office in Downtown Rochester Hills.

The proposed regulation will require the GSEs to serve three underserved markets including manufactured housing, affordable housing preservation, and rural markets.

Consumer credit default rates, including first and second mortgage default rates, increased for the second consecutive month in November. Should the industry be concerned?

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?

First-time homebuyer loans are becoming riskier.