Headlines

The U.S. Supreme Court recently decided to deny revival of a suit involving allegedly false statements made about toxic residential mortgage-backed securities by Standard & Poor’s rating agency.

Home prices are showing no signs of slowing down, which continues to prove the housing market's health. However, the rise in prices are causing some markets to become overvalued.

Banks lowered mortgage lending standards in the third quarter of 2015, according to the Federal Reserve's Senior Loan Officer Opinion Survey on Bank Lending Practices.

The U.S. House of Representatives has postponed voting for a bill that will limit the salaries of Fannie Mae and Freddie Mac CEOs due to a hefty lineup of other legislation to tend to. The vote was originally scheduled to take place last week.

The Federal Reserve recently proposed a new rule that will remove some of the pressure from the government and taxpayers concerning eight of the nation’s largest banking institutions.

Purchase mortgage originations rose significantly in 2015, driven by high-credit borrowers, according to Black Knight Financial Services’ latest Mortgage Monitor Report.

With technological advances happening constantly in the mortgage industry, lenders may still be passing up opportunities to reach potential borrowers due to a lack of focus on mobile channels. According to Fannie Mae's Mortgage Lender Sentiment Survey, 40 percent of lender plan to offer a mobile application in the next year, but there are some lenders that have already got the jump on mobile technology.

HouseCanary, Inc., a company that builds technology products that combine proprietary data and leading-edge predictive analytics to help people make better real estate decisions, recently welcomed Tom Ciulla as president of enterprise sales.

Segregation is virtually abolished with respect to almost every facet of the American dream, except for one. Whether unintentionally or intentional in nature, there is a great divide and disparity in the statistics between minority and white borrowers in the mortgage market. This select print feature appears in the October 2015 edition of MReport magazine, available now.

National gross-domestic product growth increased at an annual rate of 1.5 percent in the third quarter "advance" estimate released by the Bureau of Economic Analysis, down drastically from the last quarter when the GDP rose to a healthy 3.9 percent.