Mortage News

Affordable housing continues to be an elusive commodity, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index
Affordable Housing Opportunities Continue to Evaporate
Affordable housing continues to be an elusive commodity, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index, which has declined to its lowest point since the third quarter of 2008.  ... Read more
RE/MAX Reports Record January Home Sales
This year started off with a bang, at least in terms of housing activity. According to the latest RE/MAX National Housing Report, last month “topped all other Januarys in the report’s nine-year history with the most sales, highest sales... Read more
Dart Appraisal has grown its panel of appraisers in Washington state by 15 percent since October 2016
Dart Appraisal Grows Its Washington Presence
Dart Appraisal has grown its panel of appraisers in Washington state by 15 percent since October 2016. Washington, and more specifically, greater Seattle, has been one of the most competitive real estate markets in the country for the past... Read more
eValuation ZONE Inc., a business specializing in real estate appraisal management services, has announced its national certification as a Women’s Business Enterprise by the Women's Business Development Center-Chicago
eValuation ZONE Certified by the Women’s Business Enterprise National Council
eValuation ZONE Inc., a business specializing in real estate appraisal management services, has announced its national certification as a Women’s Business Enterprise by the Women's Business Development Center-Chicago, a regional certifying... Read more
Court to Rehear Case on CFPB’s Constitutionality
The U.S. Court of Appeals for the District of Columbia Circuit has agreed to rehear the case that challenged the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) leadership structure.   According to a Bloomberg... Read more
ACES Risk Management (ARMCO) has announced that it has added to and enhanced business user-friendly configuration functionality to its ACES Audit Technology solution
ARMCO Adds New Capabilities to Its ACES Audit Technology
ACES Risk Management (ARMCO) has announced that it has added to and enhanced business user-friendly configuration functionality to its ACES Audit Technology solution. The additions enable servicers to standardize and easily modify... Read more
Castle & Cooke Mortgage has announced that mortgage sales veteran Jaeson Morris and three members of his sales team have joined the company’s Brentwood, Tenn. office
Castle & Cooke Mortgage Expands in the Nashville Market With New Additions
Castle & Cooke Mortgage has announced that mortgage sales veteran Jaeson Morris and three members of his sales team have joined the company’s Brentwood, Tenn. office. Morris will serve as branch manager, in tandem with current Branch... Read more
Altisource Portfolio Solutions SA has announced a specialized Federal Housing Authority (FHA) offering
Altisource Introduces Suite of FHA Offerings
Altisource Portfolio Solutions SA has announced a specialized Federal Housing Authority (FHA) offering, taking advantage of its end-to-end product suite to assist in improving controls and mitigating risk throughout the lifecycle of... Read more
Mortgage Rates Take a Dip
Average mortgage rates experienced a slight downward movement, according to Freddie Mac’s Primary Mortgage Market Survey (PMMS) for the week ending Feb. 16.   The 30-year fixed-rate mortgage (FRM) averaged 4.15 percent, down from last week... Read more
Freddie Mac Ends 2016 With a Profit
Freddie Mac ended 2016 with $7.8 billion in net income, up from $6.4 billion in 2015. The government-sponsored enterprise also reported comprehensive income of $7.1 billion for 2016, up from $5.8 billion in 2015.   For the fourth quarter... Read more