• Ocwen2.71+0.04 +1.50%
  • Zillow42.87-0.36 -0.83%
  • Trulia47+0 +0%
  • NationStar17.37-0.19 -1.08%
  • CoreLogic41.81+0.10 +0.24%
  • RE/MAX55.25-0.40 -0.72%
  • Fannie Mae2.81+0.08 +2.93%
  • Freddie Mac2.675+0.055 +2.099%
  • Wells Fargo53.02-0.72 -1.34%
  • CitiMortgage61.07+0.37 +0.61%
  • Bank of America24.00-0.07 -0.29%
  • Lennar50.39-0.60 -1.18%
  • Fidelity National Financial40.39-0.08 -0.20%
  • D.R. Horton33.07-0.18 -0.54%
  • PulteGroup22.75-0.27 -1.17%
  • First American41.66-0.40 -0.95%
  • BKFS39.10+0.20 +0.51%
  • AUDUSD=X0.7384+0.0006 +0.0745%
  • USDJPY=X113.2800-0.5410 -0.4753%
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Home >> News >> Origination (page 20)

Freddie Mac Offers Assistance to Home Buyers

Freddie Mac Offers Assistance to Home Buyers

Freddie Mac wants to help homebuyers become “mortgage-ready." The GSE is teaming up with housing intermediary Next Step Network and three nonprofit housing counseling agencies to implement an online education curriculum, with a focus on manufactured homes. Several lenders are already participating in Next Step’s SmartMH program, including Community Ventures, Credit Human Federal Credit Union, Frontier Housing, Forcht Bank . . .

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Top 5 States for Millennials

Top 5 States for Millennials

Wallethub analyzed data from all 50 states and the District of Columbia to determine which states could be considered the best for millennials to live in. North Dakota was the top-ranking state on Wallethub’s overall list, but No. 2 in terms of housing affordability. That rank went to Iowa. At the bottom housing cost list for millennials was Hawaii, with its historically high cost of living.

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Home Prices to Appreciate 3.5 Percent Annually

Home Prices to Appreciate 3.5 Percent Annually

A newly released forecast predicts home prices to appreciate 3.5 percent across the country over the next year. Denver and Seattle are slated to see the most growth, while Alabama will likely be home to the nation’s worst markets. Parts of the NE, Texas, and Florida will also see growth over the next 12 months as well.

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Will Mortgage Originations Top $1T in 2017?

Will Mortgage Originations Top $1T in 2017?

Last year saw nearly $1 trillion in purchase originations, and experts say the market could top that in 2017. Millennials and first-time homebuyers may be the ones to push it over the edge, as will increasing home sales across the nation. Only a handful of states saw sales dip in 2016.

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Unemployment, Job Growth Both Down in March

Unemployment, Job Growth Both Down in March

While the unemployment rate dropped in march, so did the number of jobs created in a month. The Bureau of Labor Statistics recorded the fewest new jobs created in nearly a year last month. But some experts believe winter weather could have just created a temporary blip.

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Industry and Government Leaders Discuss Change

Industry and Government Leaders Discuss Change

On Thursday, the National Mortgage Servicers Association held a member meeting in Washington D.C., where some of the nation’s top servicers heard from Consumer Financial Protection Bureau Director Richard Cordray. This comes on the heels of Wednesday's Five Star Government Forum, where attendees listened to top-level speakers and participated in panel discussions on the economy and the future of the market.

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Millennials Finally Buying in

Millennials Finally Buying in

According to new data, millennials are entering the housing market in droves. In February, the demo accounted for 86 percent of all closed loans, with most of those being conventional loans. Millennials also saw their time-to-close shorten for the month, reaching its fastest turnaround since March of last year.

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Fair Housing Still a Concept More Than a Reality

Fair Housing Still a Concept More Than a Reality

The Fair Housing act was supposed to level the playing field for American minority groups nearly 50 years ago. While segregation and homeownership among blacks and Latinos has improved in some areas, age-old issues still linger. And it’s been especially rough since the recession.

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