Mortage News

The California Mortgage Bankers Association has announced that its Mortgage Technology & Marketing Committee will host a free Webinar on April 18 on incorporating mobile strategies into a marketing plan
Webinar to Explore Mobile Strategies for Mortgage Professionals
The California Mortgage Bankers Association has announced that its Mortgage Technology & Marketing Committee will host a free Webinar on April 18 on incorporating mobile strategies into a marketing plan.   The presentation is titled “... Read more
The gap between homeowner and appraiser estimates on the value of residential property became greater, according to new data from Quicken Loans
Homeowners and Appraiser Still Disagree on Property Values
The gap between homeowner and appraiser estimates on the value of residential property became greater, according to new data from Quicken Loans.   During March, average appraisals were 1.77 percent below what homeowners expected. This is... Read more
Nearly 70 percent of renters in the nation’s 20 largest metro areas complain that coming up with funds for a downpayment is the main reason they are not pursuing homeownership
Most Renters Blame Downpayment Woes for Not Becoming Homeowners
Nearly 70 percent of renters in the nation’s 20 largest metro areas complain that coming up with funds for a downpayment is the main reason they are not pursuing homeownership.   According to a new Zillow survey, nearly half of renters... Read more
More people were in pursuit of home loans, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 7
Mortgage Applications Up 1.5 Percent
More people were in pursuit of home loans, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April 7.   The Market Composite Index was up by 1.5 percent on a seasonally... Read more
MBS Highway has announced that its Chief Executive Officer Barry Habib has received the prestigious 2016 Pulsenomics Crystal Ball Award as part of the Zillow Home Price Expectations Survey
Barry Habib Awarded Prestigious Pulsenomics Crystal Ball Award
MBS Highway has announced that its Chief Executive Officer Barry Habib has received the prestigious 2016 Pulsenomics Crystal Ball Award as part of the Zillow Home Price Expectations Survey.   The Award is presented in connection with... Read more
A 35,000-seat Ohio stadium that once hosted concerts by music legends is now the subject of a foreclosure
Ohio Stadium Faces Foreclosure
A 35,000-seat Ohio stadium that once hosted concerts by music legends is now the subject of a foreclosure.   According to a WKSU report, the Rubber Bowl opened in 1940 and was the stadium for the University of Akron until 2008, and it... Read more
It appears that more people are paying their mortgages on time
Fewer Homeowners Are Delinquent on Mortgages
It appears that more people are paying their mortgages on time. According to new data from CoreLogic, 5.3 percent of homeowners were delinquent by at least 30 days or more (including those in foreclosure) on their mortgages in January, a 1... Read more
Vacation home sales took a serious fall in 2016 while investment home sales were on the rise, according to new data from the National Association of Realtors (NAR)
Vacation Home Sales Drop, Investment Home Sales Rise
Vacation home sales took a serious fall in 2016 while investment home sales were on the rise, according to new data from the National Association of Realtors (NAR).   There were approximately 721,000 vacation home purchases last year, a 21... Read more
Parkside Lending has announced that it has begun to offer VA home loan programs
Parkside Lending Now Offering VA Loan Programs
Parkside Lending has announced that it has begun to offer VA home loan programs.   “We’re excited that we can now partner with mortgage professionals to help eligible service men and women, veterans and their families become homeowners... Read more
Assurant Inc. has named Jerry Rowell as managing director of Assurant Field Services, under the company’s Mortgage Solutions Group
Jerry Rowell Named Managing Director of Assurant Field Services
Assurant Inc. has named Jerry Rowell as managing director of Assurant Field Services, under the company’s Mortgage Solutions Group. Rowell will have responsibility for operations and strategy for Assurant Field Services, with a focus on... Read more