MBA: Mortgage applications rise thanks to falling mortgage rates – Declining mortgage rates once again spurred an increase in mortgage applications, according to the Mortgage Bankers.
Foreclosure starts reach lowest level since 2005 Lenders completed foreclosure (REO) on 25,990 U.S. properties in April, down 9 percent from the previous month and down 22 percent from a year ago to the lowest level since February 2015 – a 26-month (more than 2 year) low and running just above the pre-recession average of 25,796 per month between April 2005 and November 2007.
FHFA: House Prices Increase 1.3% – 1800ForBail – House prices rose 1.3 percent in the third quarter of 2018, according to the Federal Housing Finance Agency House Price Index. House prices rose 6.3 percent from the third quarter of 2018 to the third quarter of 2017. FHFA’s seasonally adjusted monthly index for September was up 0.2 percent from August.
Mortgage Applications Increase in Latest MBA Weekly Survey – The Market Composite Index, a measure of mortgage loan application volume, increased 1.3% on a seasonally adjusted basis from. This third straight weekly increase in the Purchase Index was driven.
Woodward Asset Capital acquires Homesource Realtors FHA eases new rule on collections accounts The six winning firms were announced at the 2019 Icons & Innovators awards dinner April 17 in New York. More than five years ago, Envestnet introduced its Quantitative Portfolios in a systematically.Senators press Obama for swifter REO strategy JPMorgan settlement with FHFA imminent BofA completes more short sales than REO for last 18 months The cure to zombie foreclosures JW Showcase NEW YORK – JW Player, a leading digital and mobile video solutions company, today released the JW Showcase, a free and open-source video web app builder that makes it easy for anyone to create a.BANK OF AMERICA PAYS TO SHORT SALE "realtor tami saner 916-417-6162". These sales are generally more cost effective for banks than foreclosures.. maintenance expenses and legal fees that can build up for months, even years, as foreclosures work through the system.In an unprecedented move, JPMorgan announced a settlement with the FHFA pertaining to sale of home loans and MBS. The settlement comes as a relief as it lowers its litigation ambiguity to an extent.Bank of America reaches multi-billion dollar deal with Fannie mae iowa ag: banks may face criminal liability after robo-signing settlement history: fannie, Freddie Seized by Federal government freddie mac, which faced insolvency when it was seized by the. the preferred shares the government has taken. The White House has estimated taxpayers might end up seeing a $51 billion profit on the.Bank of America announced a multibillion-dollar mortgage settlement deal with Fannie Mae Monday morning to resolve legacy mortgage repurchase claims through a $3.6 billion cash payment to the GSE.Fitch: Prime jumbo RMBS on pace for best year since crisis More than 28% of US homeowners underwater on their mortgage realscout raises $6 million for superior real estate searches Top 10% see greatest home value gains History: Fannie, Freddie Seized by Federal Government In September 2008, the united states government seized mortgage giants fannie Mae and Freddie Mac. Since that time, the government has pumped 1 billion of new capital into these government.