Headlines

CoreLogic, Inc. released its April 2015 Home Price Index (HPI) today, which shows that home prices nationwide, including distressed sales, increased by 6.8 percent in April 2015 compared with April 2014. CoreLogic is a leading global property information, analytics, and data-enabled services provider.

Newbold Advisors has expanded its decade-strong regulatory and compliance support practice with new TILA-RESPA Integrated Disclosure (TRID) service offerings, according to a recent company press release. As the August 1, 2015 deadline quickly approaches, Newbold intends to assist lenders in supporting the transition to the new rules, finalize new process implementation, create contingency plans, and resolve any post-implementation issues.

Aspen Grove Solutions (AGS), founded in Boston, Massachusetts, recently announced in a press release the promotion of Ron Briggs to the position of SVP of business development, effective immediately. Aspen Grove is a leading enterprise provider of property related technology solutions for REO, short sale, asset management, inspections, property preservation, vendor management, and complianc

The U.S. Department of Housing and Urban Development (HUD) has named Richard K. Green, University of Southern California Lusk Center for Real Estate director, as a senior advisor for housing finance, according to an announcement from HUD. Green, one of the nation's pre-eminent housing economists, will replace Edward Golding, who was named principal deputy assistant secretary with HUD at the end of March. Green's one-year appointment as senior advisor with HUD will begin on July 1.

Construction spending during April 2015 was estimated at a seasonally adjusted annual rate of $1,006.1 billion for April, 2.2 percent above March’s revised estimate of $984 billion, the U.S. Census Bureau Department of Commerce announced today.

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) announced today in a press release that it will merge with the Federal Home Loan Bank of Seattle (FHLB Seattle). More details concerning this new combination will be included in a related Form 8-K that FHLB Des Moines will file with the Securities and Exchange Commission.

The Federal Housing and Finance Agency (FHFA) recently released their first quarter refinance report, revealing that refinance volume has increased in March, while mortgage rates remained near 20 month lows in February. The Home Affordable Refinance Program (HARP) had 31,648 refinances, bringing the total refinances through this program to 3,302,102 since it began.

First American Financial Corporation, a provider of title insurance, settlement services, and risk solutions for real estate transactions, recently announced the launch of the its new DataTree property research solution.

The financial costs of delaying or forgoing a home purchase in today’s unexpected market have become very high, according to the inaugural Opportunity Cost Report released by Realtor.com, a leading provider of online real estate services operated by News Corp subsidiary Move, Inc.

​Interest rates on conventional purchase-money mortgages decreased from March to April, according to several Federal Housing and Finance Agency (FHFA) indices of new mortgage contracts. The FHFA conducted a Monthly Interest Rate Survey (MIRS) to find interest rate data, which provides monthly information on interest rates, loan terms, and house prices by property type, loan type, and by lender type, as well as information on 15-year and​​​ 30-year fixed-rate loans.