Mortgage application defects keep rising

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie

Fannie Mae: 3 reasons why this oil glut won't crash housing

It isn't the 1980s anymore
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Items Tagged with 'Stocks'

ARTICLES

Economic strength hinges on China

All eyes now on the Fed
One of the worst weeks for the stock market this year is coming to a close, but the worst may not be over. The country continues to question the health of China's economy, along with whether the Federal Reserve will raise interest rates next month.
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Dow crash will only temporarily slow housing stocks

The bigger picture in the industry remains more worrisome
Within minutes of the opening bell on Wall Street this morning, as we are all now well aware, the Dow Jones Industrial Average was off by 1089 points. While I have been predicting a negative turn of economic events here in the U.S. created by fanciful delusions that our economy is in growth mode, I believe what we are experiencing is actually a "pressure release valve" being activated.
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SEC filings reveal BlackRock’s substantial interest in housing

Ownership disclosures show breadth of empire
Over the last few weeks, HousingWire has chronicled the stock ownership disclosures of BlackRock, revealing that the company holds significant interest in many of housing’s biggest names, including Altisource Residential, CoreLogic and Lowe’s. As it turns out, those disclosures only scratch the surface of how deep BlackRock’s roots extend into housing.
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Nonbanks expect big year for MSRs

Nationstar, Walter, Ocwen, soar on HW 30
Nonbanks are experiencing a strong day on the stock market, following positive first-quarter earning reports. MSR transfer activity is still occurring and more importantly, the long-term pipeline of opportunities is very healthy.
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Ocwen is the biggest loser on the HW 30

Other stocks soar after Yellen paints optimistic economy
Stocks surged on Tuesday following Fed Chair Janet Yellen’s optimistic view about the economy, unemployment and the prospect of inflation, helping to raise all major indices.
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MSR sale lifts Wells Fargo stock

Ocwen stock drops amid sale
Wells Fargo’s stock finished the day up after it announced it signed an agreement to sell Ocwen a $39 billion portfolio of residential mortgage servicing rights. But Ocwen did not witness the same positive results.
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