The most recent look into nontraditional sales by CoreLogic showed the shares of cash and distressed sales in the overall U.S. housing market are furthering their slow march back toward pre-recession norms.
Read More »Sustainable Growth in 2017 May Flourish in the East
While housing demand is largest in the West, the majority of the most sustainable housing markets in the United States are east of the Mississippi River and likely to grow. What housing trends and characteristics do these areas share?
Read More »Non-banks May Quickly Be Dominating the Servicing Industry
It seems the torch is being passing in the U.S. mortgage servicing industry as portfolios among smaller companies quickly increase, according to Fitch's latest quarterly U.S. RMBS Servicer Handbook and US RMBS Servicer Roundtable Takeaways.
Read More »Mortgage Default Rates Are Unwavering As Credit Use Expands
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 »Today’s Mortgage Loans are Less of a Gamble
Good quality credit and low risk mortgage loans are causing déjà vu of the pre-bubble market, according to the CoreLogic Housing Credit Index.
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 »Mortgage Network Appoints New President
The company announced the appointment of its new president, James Comosa.
Read More »Investors Convicted of Fixing Foreclosure Auction Bids
What lead to over fifty individuals pleading guilty to criminal charges as a result of the Department of Justice’s antitrust investigations into bid rigging at public foreclosure auctions in Northern California?
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.
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