News
Mortgage technology firm Lender Processing Services ($30.06 0.35%) acquired Fulton, Md.-based loan origination software...
While single-family housing starts remain down, rental demand is driving new multifamily construction. But how long the demand will last is uncertain — an uneasy consideration for investors whose current investments may take years to hit the market.
"People who are thinking about renting...
Two central provisions of the California Homeowner Bill of Rights passed the California State Legislature Monday.
The bills will travel to Gov. Jerry Brown’s desk, where other provisions of the bill...
A federal monitor expects to open a complaint hotline for real estate appraisals by the end of the year.
The Dodd-Frank Act requires the Appraisal Subcommittee, a federal monitor of state bodies responsible for governing valuations, to build a hotline for homebuyers, real...
EverBank Financial Corp. ($16.49 0.09%) said its EverBank subsidiary will buy GE Capital Real Estate's...
The American Securitization Forum detailed possible ways regulators could merge mortgage-backed securities offered by Fannie Mae and Freddie Mac in order to close the pricing gap between the two.
The market discounts Freddie securities on...
A surge in homebuilding pushed construction spending up 0.9% in May, the largest amount in five months, further indication that the housing sector is slowly recovering.
Construction spending reached a seasonally adjusted annual rate of $830 billion – 11.3% above the 12-year low hit in...
A surge in homebuilding pushed construction spending up 0.9% in May, the largest amount in five months, further indication that the housing sector is slowly recovering.
Construction spending reached a seasonally adjusted annual rate of $830 billion – 11.3% above the 12-year low hit in...
The U.S. Supreme Court disappointed the mortgage finance and settlement services industries by refusing to deliver an opinion in a well-known Real Estate Settlement Procedures Act case, known as First American v. Edwards.
Because the Supreme Court refused the case, a...
The U.S. Supreme Court disappointed the mortgage finance and settlement services industries by refusing to deliver an opinion in a well-known Real Estate Settlement Procedures Act case, known as First American v. Edwards.
Because the Supreme Court refused the case, a...
Extending the Home Affordable Refinance Program eligibility date one year to mortgages originated through June 2010, which is being considered, could save new borrowers at the very most $2 billion per year, JPMorgan Chase...
Extending the Home Affordable Refinance Program eligibility date one year to mortgages originated through June 2010, which is being considered, could save new borrowers at the very most $2 billion per year, JPMorgan Chase...
The delinquency rate on commercial mortgage-backed securities raised 12 basis points to 10.16% in June, the fourth-straight month of increases and another all-time high, according to analytics firm Trepp.
Last year, the delinquency rate stabilized at 9.5%, but Trepp...
U.S. home prices year-over-year rose 2% in May while also increasing 1.8% from April, CoreLogic ($27.60...
David Stevens will remain the CEO of the Mortgage Bankers Association after all.
The trade group said in May he would leave July 16 and lead the mortgage unit...