Freddie Mac CEO: We will help increase mortgage lending

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition

MBA forecasts 7% origination jump in 2015

Predicts unemployment at 5.4% by end of next year

Fitch: Two-year run of home price growth is over

“Several markets are still overvalued”
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Articles by Megan Hopkins

Friday proves sluggish on Wall Street

HW 30 takes a dip to end week
Megan Hopkins
Friday proved a bit of a lull for all indices on Wall Street. The HW 30 index, for example, tumbled 0.25% on Friday.
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Fewer Americans are moving

...mobility is what this recovery needs
Megan Hopkins
Some say there is no spark in today’s economy. Others claim we’ve hit a speed bump. Nonetheless, everyone will agree the housing market is light years ahead of where it stood a year ago. But has the recovery cooled?
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HW 30 dips in wake of housing reports

Trulia Economist: The recovery is not a straight line
Megan Hopkins
As is the trend with housing reports lately, housing stocks saw strong fluctuation on Thursday on the HW 30 index. The index as a whole dipped a very slight 0.03%.
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Borrowers face difficulties qualifying for a mortgage

Three out of 10 people have credit scores of 620 or less
Megan Hopkins
Three out of 10 Americans are unlikely to qualify for a mortgage, despite historically low interest rates and record levels of affordability.
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HW 30 ends Wednesday trading with mixed results

Builders stayed strong, while banks staged a comeback
Megan Hopkins
Wednesday was a mixed bag for the HW 30 index, although the index as a whole improved 0.65% for the day.
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BofA faces discrimination complaint over REO upkeep

Industry defends the bank, saying repetitive crime makes maintenance a struggle
Megan Hopkins
Bank of America is in the crosshairs of an advocacy organization as it attempts to prove the bank is neglecting REO properties in minority neighborhoods. But the mortgage industry has a different take on the issue—namely that crime is making it difficult for institutions to maintain these homes.
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MortgageDocs releases subcontractor management platform

New platform allows for streamlined order updates
Megan Hopkins
MortgageDocs has launched an accountable document signing and management platform — myMortgageDocs — for notaries, lenders, title and escrow companies.
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Housing is still looking up

RealtyTrac report suggests ongoing improvement
Megan Hopkins
U.S. residential properties sold at an estimated annualized pace of 5.6 million in August, up 2% from the 5.5 million pace set in July and up 12% from the 5 million pace set the previous August.
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Real estate stocks thrive on positive earnings reports

Big banks struggle to see light on HW 30 index
Megan Hopkins
Riding on the coattails of two very impressive third-quarter earnings reports from homebuilders, Lennar and KB Home, real estate-related stocks closed the day with positive movement on the HW 30 index.
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Wells Fargo fails to get government mortgage case dismissed

Court greenlights significant portions of the suit
Megan Hopkins
U.S. District Judge Jesse Furman denied Wells Fargo’s motion to dismiss several statutory claims made against the bank by the federal government. The original case attempts to get the bank to pay for losses on FHA-insured loans that eventually turned sour.
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