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The monthly Realtor.com list of the nation’s hottest housing market saw little surprise at the peak of the Top 20 chart but a great deal of changes in the rest of the lofty line-up
The Hottest Housing Market for June Is …
The monthly Realtor.com list of the nation’s hottest housing market saw little surprise at the peak of the Top 20 chart but a great deal of changes in the rest of the lofty line-up.   Once again, California’s Vallejo and San Francisco... Read more
The chief of the nation’s leading mortgage industry trade group came to Capitol Hill to challenge lawmakers to bring about a conclusion to the federal conservatorship of the government-sponsored enterprises (GSEs
MBA’s Stevens Urges Congress to Move on GSE Reform
The chief of the nation’s leading mortgage industry trade group came to Capitol Hill to challenge lawmakers to bring about a conclusion to the federal conservatorship of the government-sponsored enterprises (GSEs).   In testimony presented... Read more
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) during June is 5.75 percent, an increase of 28 basis points (bps) from May
CMBS Delinquency Rate Up in June
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) during June is 5.75 percent, an increase of 28 basis points (bps) from May, according to new data from Trepp. The current rate is up 115... Read more
Home Affordability Level at Nine-Year Low
The median home price of $253,000 recorded in the second quarter was at the least affordable level in nine years, according to new statistics from ATTOM Data Solutions.   In its new study, ATTOM Data Solutions found its proprietary... Read more
Ker-plop! 30-Year Fixed Rate Mortgage at New Low
The 30-year fixed mortgage rate hit a new low for 2017, according to the latest Freddie Mac Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate mortgage (FRM) averaged 3.88 percent, down from last week when it averaged 3.90... Read more
You may be wondering: What are the most popular first names when it comes to homeownership?
When It Comes to Homeownership, What’s in a Name?
You may be wondering: What are the most popular first names when it comes to homeownership? Well, funny that you should ponder such a point: Zillow has released a study that determined homeowners named Stuart and Alison are among the top... Read more
A coalition of industry trade groups has asked the Federal Housing Finance Agency (FHFA) to extend the response period on its proposal to improve language access in mortgage lending and servicing from 45 to 90 days
Trade Groups Ask FHFA to Extend Input on LEP Request
A coalition of industry trade groups has asked the Federal Housing Finance Agency (FHFA) to extend the response period on its proposal to improve language access in mortgage lending and servicing from 45 to 90 days.   In May, the FHFA... Read more
Carrington Charitable Foundation (CCF), the non-profit organization of The Carrington Companies, recently hosted its First Annual Gala at the Belle Haven Club in Greenwich, Conn.
Carrington Charitable Foundation Raises More Than $500,000 at Gala
Carrington Charitable Foundation (CCF), the non-profit organization of The Carrington Companies, recently hosted its First Annual Gala at the Belle Haven Club in Greenwich, Conn. The inaugural event raised more than $500,000, which will be... Read more
The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage applications saw a 2.5 percent increase from April to May 2017
Loan Defects and Fraud Continue to Pile Up
The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage applications saw a 2.5 percent increase from April to May 2017 and a 13.7 percent spike from one year earlier, according to new data from... Read more
Pending Home Sales Take a Tumble
The National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI) dropped by 0.8 percent to 108.5 in May from a downwardly revised 109.4 in April. On a year-over-year basis, the PHSI is down 1.7 percent, which the second straight... Read more