Origination

RE/MAX has released its September 2017 National Housing Report, which showed that the continuing trend of restricted inventory and high demand resulted in short on-the-market times.

The Federal Housing Finance Agency (FHFA) released its July 2017 Refinance Report, showing that total refinances for the month were down, which the report attributes to the fact that mortgage rates are still higher than they were year-over-year.

Necessary materials such as softwood lumber, oriented strand board, and ready-mix concrete used in homebuilding aren’t getting cheaper, according to August’s Department of Labor’s Producer Price Index.

DIMONT, a Dallas, Texas-based provider of insurance claims and collateral loss mitigation for residential mortgage and auto loans, announced Wednesday Scott Arnold will serve as the company’s SVP of Finance and Administration. With more than 40 years of experience in senior level positions in accounting, finance, and management across several industries, Arnold came to DIMONT in 2016 as VP of Finance. He had previously served as DIMONT’s interim controller twice. Arnold is licensed as a CPA in Texas and Wisconsin and holds a Bachelor of Business Administration in Accounting from the University of Wisconsin-Milwaukee.

JPMorgan Chase President and CEO Jamie Dimon had much to say on the state of the U.S. economy, the housing market, and hurdles that need to be overcome to advance the industry, according to a recent interview.

Mortgage applications are up by 6.8 percent year-over-year in August, according to new data released by the MBA. In comparison to July’s data, applications were up 7.0 percent ...

Treasury yields are commonly linked to mortgage interest rates, and Friday saw a drop in yields for the 10-year, 30-year, and 2-year bonds in anticipation of speeches given by Esther George, President and CEO of the Federal Reserve Bank of Kansas City, and Patrick Harker, President and CEO of the Federal Reserve Bank of Philadelphia.

Mortgage applications have rebounded according to survey data released Wednesday morning. Coming off a 2 percent decrease the week of August 25, applications bounced back—and then some.

Sellers are still in control of the market, but buyers may be becoming less willing or able to pay. See what recent data has to say about the supply and demand dynamic in the housing market.

Wells Fargo employees allegedly opened another 1.4 million fake accounts, putting the total number of fraudulent accounts at an estimated 3.5 million. Take a look at what CEO Tim Sloan had to say.