Here's proof the housing bubble is about to burst

In California, a reversal of foreclosure fortunes

Lenders adapt to the homeowner bill of rights

Remember Ellie Mae’s cyber attack? It didn’t happen

No evidence of malicious attack found
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Lending

With prices at six-year high, Southern California home sales hit a six-year low

April 15, 2014
The high costs are driving the amount of sales to a six-year low. There were a total of 17,638 new and resale houses and condos sold in the Southern California area in March. That's the lowest in March since 2008.
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Wells Fargo to expand acceptance of e-sign docs

April 15, 2014
The move comes months after the Federal Housing Administration’s announcement that it would be accepting more electronic signatures on mortgage-related documents as well.
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3 reasons cash-out refinances won’t be coming back

Total cashed-out dollars drops from $320 billion to $32 billion
April 15, 2014
According to data from RBS, the total cashed out dollars has tumbled from a peak of $320 billion in 2006 to $32 billion in 2013.
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Inlanta Mortgage promotes two to executive positions

April 15, 2014
Jean Badciong has been promoted to chief compliance officer and Paul Buege has been promoted to chief operating officer.
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Top 13 cities for freshly minted millennials

Where should you live?
April 15, 2014
Many millennials are topping off the final days of their college educations and entering the beginning stages of their career. So where are they choosing to live, or better yet, where should they live?
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5 brilliant insights in the CoreLogic April MarketPulse

Short sales down, short-term mortgages up, HELOCs all over
April 15, 2014
Shorter-term mortgages are on the rise, rising rates and equity may mean more HELOCs and short sales may fall of the cliff.
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It’s time to get serious about Non-QM loans

Nonbank lenders need investors to help with risk
April 15, 2014
With non-QM comes more risk. There is no safe harbor and holding them on portfolio could mean boosting capital reserves. Nonbank lenders, meanwhile, need to find an investor willing to buy non-QM loans.
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San Francisco boasts highest credit risk spread

Each market wields its own risk
April 15, 2014
Every market bodes a different credit risk, and a new product from Collateral Analytics shows just how different each area can be. Coming in on top, San Francisco ranks as number one for the highest credit risk spread.
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Is your mortgage business safer now than before the crash?

Mortgage-related business closings are trending down
April 15, 2014
According to data from Mortgage Daily, there were 13 mortgage-related businesses that either failed or closed in the first quarter of 2014. That figure is down two from the first quarter of 2013.
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Mortgage activity ticks up in March but at lowest level since 1997

New home apps up 15% is one bright spot
April 15, 2014
Mortgage applications for new home purchases in March increased by 15% over February but this bit of good news comes on the heels of news lenders have made a mere $226 billion of mortgages in the first quarter of 2014, which is the lowest amount since 1997.
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