How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
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Items Tagged with 'RealtyTrac'

ARTICLES

RealtyTrac: Seriously underwater homes hit 2-year low

But it’s not all positive news
Brena Swanson
“The decrease in underwater properties is promising but the estimated $1.4 trillion in negative equity means that the flood waters are not receding as quickly as they were before, corresponding to slowing home price appreciation,” said Daren Blomquist, vice president at RealtyTrac.
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RealtyTrac: Foreclosure filings increase first time in 3 years

Rise in foreclosures foreshadows new industry trend
Brena Swanson
Foreclosure filings, including default notices, scheduled auctions and bank repossessions, were reported on 317,171 U.S. properties in the third quarter. According to Daren Blomquist, vice president at RealtyTrac, this rise in foreclosures foreshadows a new trend.
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Credit nation? HELOCs up 20.6% year-over-year

Highest level of home equity loans since June 2009
Trey Garrison
A total of 797,865 home equity lines of credit were originated nationwide, up 20.6% from a year ago and the highest level since the 12 months ending June 2009, according to RealtyTrac.
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Home-price growth in August slows in 18 of 20 largest housing markets

Affordable home sales slide while home sales over $500K skyrocket
Trey Garrison
Home-price growth is slowing even as the sales of homes under $200,000 slip and the share of home sales above the $500,000 price point grow, according to the August home report from RealtyTrac.
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Windermere Real Estate joins RealtyTrac’s broker network

Company represents more than 40% of all real estate sales in Seattle
Ben Lane
“The addition of Windermere Real Estate to the RealtyTrac Network furthers our mission of aligning with top brokerages in the nation to leverage RealtyTrac’s many resources and further establish them as highly credible, sought after authorities on the housing market,” said Jamie Moyle, CEO of RealtyTrac.
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Homes affordable to 96% of recent college grads making median income

RealtyTrac: Student debt drags but housing still in reach
Trey Garrison
Despite the challenges faced by those first-time homeowners under age 35, almost every U.S. housing market is still affordable for recent graduates making the median household income — even those with student loans.
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From HW Magazine

Data & analytics handbook

HousingWire's exclusive look at key providers
HousingWire Staff
It’s a new world, and in this new world, data is more crucial than ever. Getting the best data possible, and then being able to interpret that data to improve performance, will be a competitive edge that no company in the mortgage finance space can do without in the current environment of volume contraction.
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Mortgages: Has Dodd-Frank failed?

Industry needed its 250 new standards
Daren Blomquist and Peter Miller

The need for Wall Street Reform arose precisely because the financial industry was under-regulated. No less an authority than Alan Greenspan, the former head of the Federal Reserve and chief architect of the less-regulation approach, told Congress in 2008 that “those of us who have looked to the self-interest of lending institutions to protect shareholders equity, myself included, are in a state of shocked disbelief.” 


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Is the boom era for home flipping ending?

RealtyTrac: Trends return to historical normal
Brena Swanson
"Home flipping is settling back into a more historically normal pattern after a flurry of flipping during the recent run-up in home prices in 2012 and 2013," said Daren Blomquist, vice president at RealtyTrac.
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What's Google have to do with mortgages?

How a recent study of digital expectations relates to lending
Matt Corcoran

Mega-tech brands like Google and Amazon not only have the deep pockets and relationships to enter the space if they wish, but also have the hardware and software framework of the digital channels required to deliver a trustworthy consumer experience around something like a mortgage.


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