S&P Case-Shiller: Home price gains slowed in April

S&P Case-Shiller: Home price gains slowed in April

Nationally home prices gained 4.2%

Realtor.com: Here are the 20 hottest markets this summer

Expanding inventory boosts sales

Pending home sales continue momentum in May

Northeast leads as South, Midwest decline
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News

Ellie Mae publishes comprehensive TILA-RESPA guide

Comprehensive FAQ will be regularly updated
Trey Garrison
Ellie Mae is publishing a free, 16-page RESPA-TILA FAQ guide to help lenders understand and comply with the Integrated Disclosure Rule, currently scheduled to go into effect Oct. 3.
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Black Knight updates LOS for TRID

Mortgage industry gets a little extra time
Brena Swanson
TRID is coming, and as a result, Black Knight Financial Services released the latest version of Empower, its loan origination system for retail and wholesale lending to be ready for the Consumer Financial Protection Bureau’s upcoming implementation date.
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S&P Case-Shiller: Home price gains slowed in April

Nationally home prices gained 4.2%
Trey Garrison
Home prices in April continued their rise across the country over the last 12 months, but the pace of the gains slowed, according to the S&P/Case-Shiller Home Price Indices. Is there a problem?
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Citi fails National Mortgage Settlement loan modification metric

NMS reports on correction action plans
Trey Garrison
Citi failed one of the new metrics used by the National Mortgage Settlement and the Monitoring Committee regarding loan modifications. What about the other big banks?
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Equifax: Mortgage originations soar 75% from last year

Growth attributed to first mortgages
Brena Swanson
Mortgage originations are booming, increasing nearly 75% from last year thanks to first mortgages, which grew 79.9% versus the first quarter of 2014 to $430 billion.
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Plutos Sama acquires The Fisher Law Group

Firm’s largest acquisition
Brena Swanson
Plutos Sama completed the acquisition of The Fisher Law Group, a default law firm practicing in Maryland and the District of Columbia, resulting in an increase of projected revenue from $54 million to $64 million.
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Realtor.com: Here are the 20 hottest markets this summer

Expanding inventory boosts sales
Trey Garrison
He’s been consistently more optimistic and consistently right on sales. Realtor.com’s chief economist Jonathan Smoke explains why it’s a seller’s market.
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High-risk FHA loans push mortgage risk index up in May

Agency loans hit new series high
Trey Garrison
The composite National Mortgage Risk Index for Agency purchase loans stood at 12.33% in May, up 0.4 percentage point from the average for the prior three months and up 0.7 percentage point from a year earlier. Worried yet?
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Who are the homebuying Millennials?

Infographic shows everything you need to know
Brena Swanson
The average age of a Millennial homebuyer is 28. After a recent survey from more than 5,400 Millennials, Endeavor America Loan Services found they are outgrowing their usual stereotype.
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SIGTARP snares seven schemers for massive mortgage fraud

Charges include mail fraud, bank fraud, aiding and abetting
Ben Lane
Seven California residents now face federal charges for their roles in an alleged mortgage fraud scheme that defrauded lenders of more than $3 million. According to court documents, the defendants conspired to defraud mortgage lending companies and financial institutions by making false statements on loan applications and short-sale applications.
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