News

Some of the effects of rising mortgage rates will likely linger throughout 2017, according to one analysis.

What exactly is at stake following Friday’s suspension of the FHA mortgage insurance rate cut?

Thomas Anselmo formally joined the non-profit’s Board of Directors, per an announcement made Friday.

More than 700 million data records have reached students through its University Data Portal.

The Office of the Comptroller of the Currency’s announcement in early December that it would grant a special purpose national bank charter to non-bank financial technology companies is causing no small amount of concern in the industry.

The eventual increase in home and rent prices due to the gentrification of certain U.S. cities is good news for some. However, this process also has a dark side for those who can no longer afford to live in the areas which they previously called home.

The Federal Housing Finance Agency has taken over for Fannie Mae shareholders as the plaintiff in a lawsuit against accounting firm Deloitte & Touche accusing the company of negligent auditing practices that resulted in millions of dollars in losses to the shareholders.

The most recent data from HUD and the Census Bureau on new home sales indicated a 15 percent over-the-year increase. What will the newest data show? The industry will find out this week when HUD and the Census Bureau publish the latest report.

Those hoping for relief from mortgage insurance rates will have to keep waiting, as the Trump Administration suspended the premium reduction indefinitely right after the administration began.

A recent survey of realtors revealed an optimism for the housing market for 2017, but even so, there were still a couple of concerns on their minds.