Category: News and Trends

CoreLogic, Irvine, Calif., said mortgage loans originated in the fourth quarter are among the highest-quality home loans originated since 2001.

Composite consumer default rates rose in February, the S&P/Experian Consumer Credit Default Indices reported yesterday.

The Federal Housing Finance Agency yesterday delayed until second quarter 2019 for Release 2 of its Common Securitization Platform for Fannie Mae and Freddie Mac.

Black Knight Financial Services, Jacksonville, Fla., said mortgage servicing activity continued to improve in February, with declines in delinquencies, foreclosures and prepayment activity.

First American Financial Corp., Santa Ana, Calif., said increased shares of higher-risk purchase transactions and the potential for more adjustable-rate mortgages amid the expected strong spring market means mortgage lenders should remain watchful for defect and fraud risk.

Ten years into what proved to be the worst housing crisis in U.S. history, CoreLogic, Irvine, Calif., says the housing market it beginning to “normalize.”

ATTOM Data Solutions, Irvine, Calif., reported foreclosure activity in February fell to its lowest level since November 2005.

The Trump Administration unveiled its preliminary fiscal 2018 budget, which proposes the largest cuts to HUD funding since the Reagan Administration.

The Mortgage Bankers Association and a dozen other industry trade groups weighed in on a heavily watched lawsuit against the Consumer Financial Protection Bureau, supporting PHH Corp.’s assertion that the Bureau misinterpreted the Real Estate Settlement Procedures Act in enforcing penalties against PHH.

Permanent loan modifications started the year with a slight uptick, while foreclosure starts also increased, reported HOPE NOW, Washington, D.C.