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Mortgage Rates Pushed Down After Declines in Bond Yields
Washington Post, Oct. 22, 2015--Orton, Kathy Mortgage rates dipped this week after declines in Treasury yields, but they could be headed back up again.
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What to Expect from the Housing Market this Fall
Albuquerque Journal (N. Mex.), Oct. 22, 2015--Ponder, Crissinda (Bankrate.com) Mortgage credit availability has increased, meaning that lending standards have somewhat loosened for most of 2015, according to the Mortgage Bankers Association's Mortgage Credit Availability Index.
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Freddie CEO Subtly Fires Back at Administration Remarks
Mortgage News Daily, Oct. 22, 2015--Swanson, Jann The timing of Freddie Mac CEO Donald Layton's column indicates it was intended as a bit of a counterpoint White House officials' remarks at the recent MBA Annual Convention.
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Labor Shortages Trip Up Big Home Builders
Wall Street Journal, Oct. 22, 2015--Hudson, Kris Construction-labor shortages are starting to dent the results of large home builders.
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Title Insurers Think TRID Will Hurt Business in 4Q
National Mortgage News, Oct. 22, 2015--Finkelstein, Brad A pair of title insurers expect to suffer from TRID implementation hangover in the fourth quarter as the slowdown in mortgage applications related to implementation will affect them as well.
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Ocwen Fails Four Servicing Tests But Makes Progress: Settlement Monitor
National Mortgage News, Oct. 22, 2015--Berry, Kate Mortgage servicer Ocwen Financial failed four servicing tests in the second half of 2014 but is "beginning to show progress" in fixing its problems, said Joseph A. Smith Jr., the monitor of the $25 national mortgage settlement.
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New Data Finds a Partly Sunny Housing Climate
National Mortgage Professional, Oct. 22, 2015--Hall, Phil Latest housing data offers a very mixed picture, with homeownership numbers showing a two-steps-forward/one-step-back environment while the multifamily sector continues to reap the benefits of a fast-growing rental scene.
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Leading Economic Indicators in U.S. Fall by Most in Seven Months
Bloomberg, Oct. 22, 2015--Jamrisko, Michelle The index of U.S. leading economic indicators dropped in September by the most in seven months as slowing global growth weighed on stock prices and factory orders.
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NAHREP’s Acosta Says Hispanics Represent Major Growth Opportunity for Mortgage Industry
Scotsman Guide, Oct. 22, 2015--Whitman, Victor The U.S. Hispanic population is projected to more than double to 120 million by 2050, studies suggest, making them the fastest-growing ethnic group in the country. Yet, the Hispanic-homeownership rate has been falling and remains below the national average by double digits.
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