Melissa DATA releases online foreclosure database

National Mortgage Professional

Aug 07, 2007

Senior Financial to acquire Liberty Reverse MortgageMortgagePress.comReverse mortgage companies Senior Financial Inc. has agreed to purchase Liberty Reverse Mortgage Inc. Under the terms of the agreement, Senior Financial will pay $50 million for Liberty Reverse at closing, as well as possible performance-based compensation. Pending government approval, the transaction is expected to be finalized during the fourth quarter of 2007. Senior Financial Inc. is a subsidiary of Genworth Financial Inc., a financial security company based in Richmond, Va. For more information, call (888) 436-9678 or visit www.genworth.com. Liberty Reverse Mortgage Inc. is a reverse mortgage lender based in Rancho Cordova, Calif. For more information, call (800) 218-1415 or visit www.libertyreverse.com.

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Aug 07, 2007

Analysis and Data

Baby Boomer Mortality Expected To Have Minimal Impact On Housing Supply

Should lead to minimal excess housing supply and have no measurable reduction in housing prices.

More than 4 million existing-homes for sale annually over the next decade will come from the aging and mortality of older homeowners, yet sustained homebuyer demand from population growth and younger generation households should lead to minimal excess housing supply and have...

Analysis and Data

CoreLogic: Home Prices In May Up 20% From Last Year

Marks the 16th consecutive month of double-digit price increases.

CoreLogic’s May Home Price Insights report revealed that home prices nationwide, including distressed sales, increased 20% in May 2022 from a year earlier. No states posted an annual decline in home prices. On a month-over-month basis, home prices increased 1.8% in May fro...