Mortgage applications for the week ending September 11, 2015 fell 7 percent from one-week prior, the Mortgage Bankers Association reported in their Weekly Mortgage Applications Survey.
Read More »Economic Growth for Second Half of Year Expected to Improve
Despite recent market volatility, economic growth in the second half of the year is expected to improve, Fannie Mae says.
Read More »Freddie Mac’s First-Time Homebuyer Numbers Continue to Rise in 2015
The number of first-time homebuyers is growing steadily in the housing market as mortgage rates remain low, labor conditions improve, and lending loosens up.
Read More »Audit Determines CFPB’s Consumer Complaint Database Could be Enhanced
Opportunities exist to enhance the management controls over the Consumer Financial Protection Bureau's controversial Consumer Complaint Database, according to a recent audit from the Office of the Inspector General for both the Federal Reserve and the CFPB.
Read More »Consumers Show Mixed Economic Outlook, Survey Finds
Consumer expectations for the housing market are showing a mixed outlook for the U.S. economy, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data August 2015 Survey of Consumer Expectations released Tuesday.
Read More »FHFA to Implement Common Securitization Platform at Freddie Mac First
The Federal Housing Fiance Agency issued an update to their Common Securitization Platform on Tuesday outlining the progress that as been made in developing a new infrastructure for the securitization of single-family mortgages by Fannie Mae and Freddie Mac.
Read More »Housing Market Will Adjust if Fed Raises Rates, Economist Says
As the Federal Reserve prepares to convene for their September 17th meeting, many wonder how a possible rate increase will affect the housing market.
Read More »2015 Five Star Conference to Kick Off Wednesday in Dallas
The best in the real estate and mortgage servicing industries will come together for the preeminent business growth and educational opportunity this week at the 12th Annual Five Star Conference and Expo, taking place September 16 to 18 at the Hilton Anatole Hotel in Dallas, Texas. This year's conference will include a keynote address from former FDIC Chairman Sheila Bair, a performance from country music star Wynonna Judd, an appearance from Dallas Cowboys quarterback Tony Romo, seven Five Star Labs (including the all-new Single-Family Rental Lab) presented by experts in the real estate and mortgage industries from all over the country, and endless networking opportunities.
Read More »Homeless Student Numbers Reach a Record 1.36 Million
The number of homeless children in the U.S. public school system has doubled since before the recession, reaching a record total of 1.36 million in the 2013-2014 school year.
Read More »Overvalued Housing Markets Double in Q2
The number of overvalued housing markets in the second quarter of 2015 doubled from the first quarter to reach 14, according to CoreLogic’s Market Condition Indicators.
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