Nonbanks originated about half of all mortgages in 2016 and 75 percent of mortgages insured by the FHA or VA. However, a recent study by the Brookings Institution ...
Read More »The Ups and Downs of Housing Values
Home prices in February hit a four-year high, capping a 72-month run in which median home values rose nationally, according to a report by Redfin. But just because ...
Read More »Fidelity National Acquires Stewart Information Services for $1.2B
One of the country’s largest title insurance companies, Fidelity National Financial Inc (FNF), has signed an agreement to acquire Stewart Information Services, for $1.2 billion, Fidelity said in ...
Read More »HouseCanary Wins $706.2 Mn Verdict Against AMROCK Inc.
A federal jury in Texas has awarded HouseCanary, a provider of real estate valuation and assessment tools, $706.2 million in its breach of contract and trade secret misappropriation ...
Read More »MPF Program and Ginnie Mae Surpass $1 Bn in MBS
The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home ...
Read More »Caliber Home Loans Launches Mobile Platform
Coppell, Texas-headquartered Caliber Home Loans, Inc. (Caliber), has announced the launch of a new mobile platform. Featuring three mobile phone apps customized for three user groups–borrowers, the Caliber ...
Read More »The Benefits of a True Digital Mortgage
Digital mortgage is the latest buzzword in the lending market today. But, according to an eBook titled, “The True Digital Mortgage” by mortgage technology platform provider Ellie Mae, ...
Read More »The Week Ahead: Gauging Existing Home Sales
The National Association of Realtors (NAR) will publish the data on the sale of existing homes for February, on Wednesday, March 21, at 10 a.m. EST. The monthly ...
Read More »Starts are Down, But not the Housing Market
Housing starts were down 7 percent month over month according to the data for February released by the U.S. Census Bureau. Housing starts were at around 1.23 million ...
Read More »Next-gen Buyers Steering Away From 20 Percent Down Payment
While it might be the industry gold standard, the “typical” 20 percent down payment doesn’t exactly glitter with the majority of first-time millennial mortgage getters. When queried about ...
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