News Flash

The Obama family may be moving out of the White House in a couple of weeks, but many Americans would love to have them move next door
The Obama family may be moving out of the White House in a couple of weeks, but many Americans would love to have them move next door. In the 10th annual Zillow Celebrity Neighbor Survey, the outgoing First Family was named the year’s most... Read more
The Director of the Consumer Financial Protection Bureau (CFPB) has no plans to resign once Donald Trump becomes president
The Director of the Consumer Financial Protection Bureau (CFPB) has no plans to resign once Donald Trump becomes president. The Wall Street Journal quoted an e-mailed message from Jen Howard, a CFPB spokeswoman, regarding whether Richard... Read more
The Federal Housing Finance Agency (FHFA) is reporting that mortgage rates took a healthy uptick last month
The Federal Housing Finance Agency (FHFA) is reporting that mortgage rates took a healthy uptick last month. According to the FHFA’s latest data report, the National Average Contract Mortgage Rate for the Purchase of Previously Occupied... Read more
The outgoing Secretary of Housing and Urban Development (HUD) has taken to Twitter for a deeply personal against President-Elect Donald Trump
The outgoing Secretary of Housing and Urban Development (HUD) has taken to Twitter for a deeply personal against President-Elect Donald Trump. Using his personal Twitter account, Julian Castro posted two tweets last night that angrily... Read more
Three newly issued data reports have come to the same conclusion: Home prices were up in October. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reached a new peak when it reported a 5.6 percent annual gain in... Read more
The United States Department of Justice (DOJ) has filed a civil complaint in the Eastern District of New York against Barclays Bank PLC and several of its United States affiliates alleging that Barclays engaged in a fraudulent scheme to... Read more
A surge in the Northeast and a smaller gain in the South pushed existing-home sales up in November for the third consecutive month
A surge in the Northeast and a smaller gain in the South pushed existing-home sales up in November for the third consecutive month, according to the National Association of Realtors (NAR). Zillow also reported that in November, national... Read more
STRATMOR Group has released its 2016 LOS Technology Insight Survey, gauging lender satisfaction with their loan origination systems (LOS). As Senior Partner Dr. Matt Lind explains, while there was a slight uptick in the share of lenders... Read more
ATTOM Data Solutions has reported that the national affordability index in the fourth quarter of 2016 was at its lowest level since Q4 of 2008, according to its Q4 2016 Home Affordability Index. The report also shows that 29 percent of U.S... Read more
Mortgage applications increased 2.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Dec. 16, 2016. The Market Composite Index, a measure... Read more

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