More Large Banks Cutting Back on Lending to Small Businesses
Today’s News Synopsis: The Mortgage Bankers Association reported a slight 0.2% decrease in mortgage applications from last week. CoreLogic also reported the sale of distressed homes is also...
View ArticleJudge Tosses Lawsuit that DOJ and HUD Faced By Quicken Loans
Today’s News Synopsis: Zillow reported the value of residential homes in America totaled $28.5 trillion at the end of 2015. The latest Home Price Index by Black Knight Financial Services showed...
View ArticleWells Fargo Reached $16.2 Million Settlement with Genuine Title
Today’s News Synopsis: The Federal Reserve reproted an increase in consumer borrowing back in Dcember by $21.3 billion. The Super Bowl Ad aired by Quicken Loans has garnered much criticism,...
View ArticleNAHB Reported a Decrease in Both Builder Confidence and Housing Starts
Today’s News Synopsis: The NAHB reported a decrease in builder confidence this month while also reporting a 3.8% decrease in housing starts for the month of January. The MBA reported an 8.2%...
View ArticleHouse of Representatives Looking at Legislation to Do Away with G-Fees
Today’s News Synopsis: A new list of the top ten markets where investors have the most opportunity was just released by HomeVestors and the Local Market Monitor, showing areas like Texas, Florida,...
View ArticleMore People Choosing to Stay In their Distressed Properties Rather Than File...
Today’s News Synopsis: Freddie Mac reported a decrease in mortgage repurchases by 95% since their peak in 2010. 87% of metropolitan areas saw an increase in home prices in the first quarter. More...
View ArticleSome Believe Major Real Estate Decisions will be Placed on Hold During the...
Sources: Morning Briefing: Housing starts flat in May but trend is positive Consumer Credit Default Picture Looks Brighter Foreclosure Prevention Efforts Hit Milestone Rates Drop, Refi Apps Jump in...
View ArticleCoreLogic Releases Latest Review of the Foreclosure Crisis
Today’s News Synopsis: The Mortgage Bankers Association reported a 2.2% increase in new home purchase mortgage applications last month. ATTOM Data Solutions announced that their clients can now have...
View ArticleRenters Biggest Struggle To Owning a Home is Making the Down Payment
Today’s News Synopsis: Trulia’s latest report showed the workers who are having the hardest time finding a home in their own town where they work are teachers, police officers, firefighters, and...
View ArticleATTOM Data Solutions’ Latest Report Shows Which Neighborhoods Received the...
Today’s News Synopsis: Freddie Mac reported an increase in mortgage rates for the second week in a row with 30-year rates now at 4.03% and 15-year rates at 3.29%. ATTOM Data Solutions’ latest report...
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