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Freddie Mac warns of fake school records in growing mortgage fraud

Freddie Mac uncovered a growing number of faked school records and work histories in California, where Fannie Mae also has noted increasing instances...

Consumer buying power grows as declining mortgage rates drive affordability | 2019-05-29

In March, home prices retreated 0.9%, sliding 0.04% year over year, according to First American’s Real House Price Index. According to First American’s data, unadjusted house prices sit 2.6%...

MBA: Global economic tension pushes mortgage applications even lower | 2019-05-29

Global economic headwinds continued to drive mortgage applications lower for the week ending May 24, 2019, according to the Mortgage Bankers Association. According to MBA's weekly Mortgage...
Wells Fargo hires away JPMorgan Chase’s head of mortgage lending technology | 2019-05-28

Wells Fargo hires away JPMorgan Chase’s head of mortgage lending technology | 2019-05-28

Both Wells Fargo and JPMorgan Chase are in the middle of digital revolutions of their respective mortgage businesses. And apparently Wells Fargo liked Chase’s...
Plaza high balance

Plaza Home Mortgage launches new program for high-balance loans

Wholesale and correspondent lender Plaza Home Mortgage has improved its pricing for certain jumbo loans that Fannie Mae's automated underwriting system approves, but...
Freedom

Freedom’s mortgage servicing portfolio grows 44% in RoundPoint deal

Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing gives it a major subservicer and will increase the Mount Laurel N.J.-based company's mortgage servicing rights...
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Government watchdog considering ways to reduce federal costs of reverse mortgage program | 2019-05-23

The Congressional Budget Office released a report Thursday exploring four proposed solutions for lessening the cost and risk of the reverse mortgage program...
LendingTree: Mortgage Competition Index

Homebuyers, you could have saved this much on your mortgage last week | 2019-05-23

Last week, the share of borrowers with rates under 4.25% ticked up. In fact, LendingTree's Mortgage Rate Competition Index indicates borrowers with rates under 4.25%...

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Low-Priced Rents Grow - DSNews

Renters Versus Homeowners: Housing Cost Burden

While just 20.9% of homeowners with a mortgage were considered burdened  according to data from the Census Bureau American Community Survey, which provides...
Shopoff Realty Investments

Shopoff Realty Investments Discusses Current Trends in Real Estate

The United States has one of the largest real estate markets in the entire world. However, its size doesn’t make it immune to...

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