News

New single-family home sales took a notable upturn in July, with the month becoming the best month for new sales since 2007, according to HUD and the U.S. Census Bureau.

California, Texas, and Colorado are luring millennial buyers, who seek areas with solid job growth and affordable (for the area) housing markets, according to a new report by Realtor.com.

Average fixed mortgage rates fell down slightly from last week's post-Brexit high, according to Freddie Mac’s Primary Mortgage Market Survey for the week ending September 22, 2016.

The Committee on Financial Services held a hearing to receive the “Annual Report of the Financial Stability Oversight Council” and the Secretary of the Treasury’s testimony.

CoreLogic recently released its latest Mortgage Fraud Report and as of the end of the second quarter of 2016, the report shows a year-over-year increase in fraud risk.

Existing-home sales dropped for the second straight month in August, despite job growth and still-low mortgage rates, according to the National Association of Realtors.

U.S. house prices remained largely flat in July, up 0.5 percent on a seasonally adjusted basis from the previous month, but was up noticeably when compared to last year, according to the latest FHFA monthly House Price Index report.

The mortgage industry continues to feel the effects of the Brexit vote from late June, as refinancing activity exploded during the summer.

JPMorgan Chase has satisfied its $4 billion consumer relief obligation under the terms of a November 2013 RMBS settlement.

The housing market has remained a bright spot in the U.S. economy, according to the latest outlook from Freddie Mac.