Google+
  • Ocwen4.81+0.16 +3.44%
  • Zillow33.71+0.18 +0.54%
  • Trulia47+0 +0%
  • NationStar14.95-0.09 -0.60%
  • CoreLogic39.16-0.01 -0.03%
  • RE/MAX56.75-0.55 -0.96%
  • Fannie Mae2.60-0.05 -1.89%
  • Freddie Mac2.479-0.051 -2.016%
  • Wells Fargo55.83+0.58 +1.05%
  • CitiMortgage58.07+0.02 +0.03%
  • Bank of America23.12+0.05 +0.22%
  • Fidelity National Financial38.55+0.08 +0.21%
  • First American38.49-0.16 -0.41%
  • Black Knight Financial Services37.85-0.25 -0.66%
  • AUDUSD=X0.7622-0.0002 -0.0249%
  • USDJPY=X111.3290+0.3610 +0.3253%
Home | Daily Dose

Feed Subscription Daily Dose

The Week Ahead: Home Prices May Still Move Upward

The January 2017 S&P Corelogic Case-Shiller Home Price Index (HPI), which tracks monthly changes in the value of homes in 20 U.S. metropolitan regions, will be released on Tuesday. Previous data from CoreLogic has already shown upward-moving home prices across the nation, with home prices even outpacing inflation.

Read More »

Worthy of its Name

It seems entirely possible that before joining Alacrity Services, one might be asked to define “alacrity.” While actively expanding its property restoration services to insurance, REO, and consumer customers nationwide, the company is determined to continue embodying the true meaning of its moniker: moving nimbly and with good spirit.

Read More »

Fraud in Loan Apps Up in February

More lenders in February saw defects in mortgage applications compared to January, according to a new report by First American Financial Corp. The firm’s chief economist cited rising interest rates as the likely culprit. As rates rise, more borrowers are seeking ARMs, which are inherently riskier and, thus, ripe for more misrepresentation.

Read More »

Americans Flock to Warmer ‘Burbs

Analyses of new Census data show populations are shifting out of the big cities and the Rust Belt and into the Sun Belt suburbs. According to the data, the fastest population growth in the last 30 years has been in Arizona, California, Colorado, Florida, Georgia, Nevada, North Carolina, South Carolina, and Texas. Detroit saw the largest decrease in population with a drop of nearly 20 percent.

Read More »

FHFA’s Unified MBS Plans Delayed Until 2019

The release of a system designed to unify how Fannie and Freddie use mortgage-backed securities has been put on hold. The FHFA announced Thursday that its ‘Release 2’ plans for a unified MBS strategy will be delayed another year. The agency cited the need for further development before implementation, but FHFA Director Melvin Watt still touted the system’s potential.

Read More »

Making Assignments in the Dark

The chain of title is the guy-wire that holds the home finance industry upright. Without some method to determine who owns a given parcel of real estate, it cannot be used as collateral for a loan. In cases where these loans go into default, a clear title is essential for a smooth foreclosure and REO process. Unfortunately, problems arise that cloud the title, increasing loss severity for investors.

Read More »

Delinquencies Down, Performance Steady in Q4

According to a recently released report by the Federal Housing Finance Agency (FHFA), foreclosures from Fannie Mae and Freddie Mac since the dawn of conservatorship reached 3.8 million as of Q4 2016. Overall however, serious delinquencies are down, along with short sales and REOs. FHFA also found that that the types of loan modifications offered are being influenced by the increase in home prices over the last couple of years.

Read More »

Revised Financial CHOICE Act to Come Soon

Jeb Hensarling first introduced the Financial CHOICE act last summer, in response to the 2010 Dodd-Frank act. The president’s team has already indicated support of the Financial CHOICE Act, which, among other things, would modify aspects of Dodd-Frank and help to reform the Consumer Financial Protection Bureau.

Read More »
Scroll To Top