• Ocwen2.80
  • Zillow50.32
  • Trulia47
  • NationStar17.92
  • CoreLogic43.56
  • RE/MAX57.15
  • Fannie Mae2.39
  • Freddie Mac2.28
  • Wells Fargo52.90
  • CitiMortgage63.78
  • Bank of America22.89
  • Fidelity National Financial44.67
  • First American45.34
  • Black Knight Financial Services40.05
  • AUDUSD=X0.7597+0.0014 +0.1846%
  • USDJPY=X111.8930+0.0610 +0.0545%
Home | News (page 1266)

South Florida REOs Jump, But Inventory Has Begun to Dwindle

Lenders took back 7,300 foreclosed properties in the tri-county South Florida area during the first quarter of the year – representing a 54 percent increase over the same period in 2008 – according to a new report from Condo Vultures LLC, which provides residential real estate data for some of the markets hardest hit by the housing crisis, including South Florida, Las Vegas, Los Angeles, Phoenix, and San Diego.

Read More »

Loan Mods at Fannie, Freddie on the Rise

Mortgage giants Fannie Mae and Freddie Mac modified nearly 24,000 loans during the fourth quarter of 2008, an increase of 76 percent over the third quarter, according to data released this week by the GSEs’ regulator, the Federal Housing Finance Agency (FHFA).

Read More »

Fed Purchases $21B in Agency MBS

The New York Federal Reserve Bank purchased $21.75 billion in mortgage-backed securities (MBS) from government agencies this week. Total MBS purchases since the Fed program began in early January now stands at $355 billion.

Read More »

Foreclosures Continue to Climb in Q1

RealtyTrac released its U.S. Foreclosure Market Report for the first quarter of 2009 on Thursday, which showed that one in every 159 housing units in the nation received a foreclosure filing during the first three months of the year.

Read More »

Long-Term Mortgage Rates Recede

Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS) on Thursday, which showed interest rates on fixed-rate home loans and some adjustable-rate products eased this week. The GSE reported that the 30-year fixed-rate mortgage (FRM) averaged 4.

Read More »

Retreat Capital and Ellie Mae Partner to Provide Loan Mods

Lake Forest, California-based Retreat Capital Management, Inc., a third-party arbitration services company that specializes in bringing loans back to performing status and keeping borrowers in their homes, announced on Wednesday that it is collaborating with software provider Ellie Mae to provide lenders with loan modification services.

Read More »

Keller Williams Teams With Aspen Grove for REO Management

Maryland-based Aspen Grove’s Aspen iAgent technology has been approved as the default REO solution for Keller Williams Realty agents across the United States. Aspen iAgent allows real estate agents to manage REO properties, from assignment through closing, via a secure, Web-hosted application.

Read More »

Treasury Releases Lending Survey

The Treasury Department released its February lending survey on Wednesday. The study covers the top 21 institutions who have received a government investment through the Capital Purchase Program (CAP).

Read More »
Scroll To Top