Headlines

Fannie Mae’s Home Purchase Sentiment Index (HPSI) had its best month ever in May, two months after hitting a speed bump.

Rep. Jeb Hensarling (R-Texas), Chairman of the House Financial Services Committee, on Tuesday morning announced the GOP’s much-anticipated and much-talked about proposed alternative to Dodd-Frank, entitled the Financial CHOICE Act.

The CoreLogic Home Price Index is still climbing, with single-family gains in April up nearly 2 percent over March numbers and 6 percent up from a year ago, according to the company’s latest HPI report.

With Donald Trump having all but sewn up the Republican party nomination for the November presidential election, the attention has been focused on the two Democratic candidates, Hillary Clinton and Bernie Sanders, leading up to Tuesday’s primaries in California and five other states.

Federal Reserve Chair Janet Yellen said Monday that the central bank will raise the federal funds rate when economic outlook uncertainties clear the air.

While it is difficult to imagine anyone hoping for an economic downturn after the last mishap several years ago, Realtor.com believes that there are silver linings to having a weak economy.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Mike Flores, VP Sales & Marketing at Snapdocs Inc., explains how augmentation and automation is key for the mortgage industry, especially when there’s zero room for error due to regulatory and revenue risk.

Home prices continued their upward climb this quarter in these 10 metros, but a special occurrence is pushing up prices in Florida markets.

While the cash sales share has declined by more than 20 percent since peaking five years ago, a disparity remains between cash sales transactions in among the highest and lowest valued homes.

Mortgaged properties for sale have seen huge declines in recent years, and the driving force behind the decrease is the declines in non-current inventory and noncurrent listing share.