While the average number of days on the market for a single-family home ticked up from May to June nationwide, that number is shrinking in about a third of the states.
Read More »Freddie Mac: Opportunity Lies with 55+ Population
Why did Freddie Mac EVP of Single-Family Business Dave Lowman call the 55+ population "the next business opportunity"?
Read More »Credit Unions Take a Larger Share of the Mortgage Pie
A spike in first mortgages helped to push credit union loan balances up to a record high in the second quarter.
Read More »LendingHome Appoints Chief Risk Officer
Fintech mortgage marketplace LendingHome has announced the appointment of expert risk leader Cynthia Chen as Chief Risk Officer.
Read More »Appreciation Negated Lower Rates in Q2
Home price appreciation in the second quarter largely negated a modest reduction in interest rates, driving housing affordability down.
Read More »Mortgage Rates Confused on Which Way to Go
With the economy sending mixed signals, average mortgage interest rates—which have been hovering right above historic lows for weeks—may not know which direction to go.
Read More »At Last, Trump Speaks Out on Housing
Republican presidential candidate Donald Trump has been mostly silent on housing during his campaign over the last several months—until Thursday, when he addressed the National Association of Home Builders.
Read More »LRES Names New Chief Appraiser
Real estate services provider LRES has announced the promotion of Wynetta Byers to chief appraiser.
Read More »What’s in a Credit Score? Many Consumers Don’t Know
A borrower’s credit score can make or break a lender’s decision on whether or not to approve a mortgage loan. Yet studies show many consumers hold mistaken beliefs about factors that affect their scores.
Read More »Morgan Stanley Starts Paying Off RMBS Settlement Debt
Morgan Stanley has begun to fulfill its consumer relief obligations under a settlement with federal and state regulators in connection with mortgage-backed securities practices.
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