News
The Mortgage Electronic Registration Systems is empowered to transfer foreclosure rights as the rightful beneficiary of a deed of trust, the Idaho Supreme Court ruled in a decision this week.
The case essentially green lighted a foreclosure that has been on delay for...
Two U.S. Senators are trying to tighten banks capital reserves with the release of a new bill titled, "Terminating Bailouts for Taxpayer Fairness Act."
A previous version of the bill was...
Nonbank mortgage servicers are increasingly using securitization to access the capital needed to fund purchases of servicing assets, increasing both the size and complexity of servicer advance transactions, Standard & Poor’s said in its latest report.
Servicers are...
Nonbank mortgage servicers are increasingly using securitization to access the capital needed to fund purchases of servicing assets, increasing both the size and complexity of servicer advance transactions, Standard & Poor’s said in its latest report.
Servicers are...
The National Association of Home Builders called on Congress Thursday to maintain its support for vital housing incentives in order to meet the nation’s growing need for affordable rental housing and homeownership opportunities.
The housing incentives include the Low...
CoreLogic announced the acquisition of Case-Shiller from Fiserv in conjunction with its first-quarter 2013 earnings report.
The acquisition, which closed on March 20, comes with the rights to publish one of the most well-known home price...
CoreLogic announced the acquisition of Case-Shiller from Fiserv in conjunction with its first-quarter 2013 earnings report.
The acquisition, which closed on March 20, comes with the rights to publish one of the most well-known home price...
The housing market is on an upswing and mortgage interest rates are low, making now the perfect time to tweak the mortgage interest tax deduction, Mark Calabria, director of financial regulation studies with the Cato Institute, said when testifying in front of the House...
A ranking member of the House Committee on Oversight and Government Reform is pushing for a legislative package that would create an independent monitor to oversee all payouts tied to the national foreclosure settlement.
This monitor also would be charged with checking up...
While both single-family and multifamily housing starts anticipated to record double-digit gains over last year in 2013, there are factors that continue to hold back even more substantial growth as the recovery evolves, according to economists at the National Association of Home Builders...
While both single-family and multifamily housing starts anticipated to record double-digit gains over last year in 2013, there are factors that continue to hold back even more substantial growth as the recovery evolves, according to economists at the National Association of Home Builders...
Fixed-mortgage rates hovered near record lows this past week, fueling the ongoing housing recovery with cheaper credit, according to Freddie Mac data.
The 30-year, fixed-rate mortgage hit near record lows, coming in at 3.4%, down from 3.41% last week and 3.88% last year,...
Fixed-mortgage rates hovered near record lows this past week, fueling the ongoing housing recovery with cheaper credit, according to Freddie Mac data.
The 30-year, fixed-rate mortgage hit near record lows, coming in at 3.4%, down from 3.41% last week and 3.88% last year,...
The average contract mortgage rate for the purchase of a previously occupied home by combined lenders continued to rise, reaching a 3.54% index rate for March 2013, the Federal Housing Finance Agency announced.
The index is used in some adjustable-rate...
After months of robust and seemingly unsustainable annual home value appreciation, the housing market is showing signs of moderation in the first quarter, according to data from Zillow.
The Zillow...