Category: Top National News

HousingWire, Feb. 8, 2017–Kelsey RamirezHome buyers are encountering difficulty in locating a home in their price range; 58.5% of Americans in the market to buy a home over the past two years said the process was either somewhat or very competitive, according to a new report from Trulia.

Mortgage Daily, Feb. 8, 2017Even though quarterly originations moved lower at Prosperity Home Mortgage LLC, an uptick was recorded for annual activity.

Mortgage Daily, Feb. 8, 2017A new government report indicates that cost estimates for the automation and modernization of the Federal Housing Administration have been deficient.

HousingWire, Feb. 8, 2017–Brena SwansonWhen HUD announced it suspended the reduction of FHA mortgage insurance premiums, it helped the private mortgage insurance market retain $10 billion in volume.

National Mortgage News, Feb. 8, 2017–Kevin WackThomas Pahl has been appointed acting director of the Federal Trade Commission’s consumer protection bureau, the agency said Wednesday.

National Mortgage News, Feb. 7, 2017–Jacob PassyA homeowner’s equity position is one of the many factors that drive property transitions between owner-occupied and rental status, according to a study from the Mortgage Bankers Association’s Research Institute for Housing America.

National Mortgage Professional, Feb. 7, 2017–Phil HallDuring January, the Mortgage Bankers ASsociation’s Mortgage Credit Availability Index increased 1.1 percent to 177.1 in January. Three of the four component indices saw increases.

Wall Street Journal, Feb. 7, 2017–Peter GrantSome prominent real-estate investors are reducing their holdings and getting more selective about new deals in a sign that the eight-year bull market for U.S. commercial property is coming to a close.

MarketWatch, Feb. 7, 2017–Andrea RiquierU.S. house prices rose at an accelerated pace in December, a sign that higher mortgage rates aren’t yet diminishing outsize demand for properties.

HousingWire, Feb. 7, 2017–Brena SwansonThe move mostly points to an already existing act championed by House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas, to replace Dodd-Frank, a blog post from Mayer Brown attorneys Laurence Platt and Joy Tsai said.