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Updated: 2 hours 42 min ago

Rising equity helps appraisers, homeowners agree more on prices

Fri, 01/12/2018 - 08:55
Increased equity levels are resulting in higher appraisals that are closer to owners' view of home prices now than they have been since March 2015.

Foreclosures hit historic low in North Texas

Fri, 01/12/2018 - 05:53
A decade after the housing market crashed, foreclosures in Dallas-Fort Worth have slowed to a trickle.

Early-stage mortgage delinquencies jump after hurricane season

Thu, 01/11/2018 - 14:24
Despite the overall mortgage delinquency rate being down in October, early-stage mortgage delinquencies increased following an active hurricane season, according to CoreLogic.

Less mortgage credit available for lower-end borrowers

Thu, 01/11/2018 - 14:24
There were fewer mortgage programs available to borrowers at the lower end of the credit spectrum in December, resulting in an overall decrease in credit availability.

Metro Denver home sales and prices hit new high in 2017

Thu, 01/11/2018 - 11:16
Home sales and prices in metro Denver once again hit record highs in 2017, but the pace of price gains slowed as the market reached a higher altitude.

Santa Fe housing market most robust in decade

Thu, 01/11/2018 - 11:16
JThe Santa Fe-area housing market in 2017 saw the largest number of sales in more than a decade, and average home prices were some of the highest since the national housing bubble burst in 2008.

Laurie Maggiano, HAMP architect, CFPB program manager, dies at 64

Thu, 01/11/2018 - 11:16
Laurie Maggiano, the Consumer Financial Protection Bureau's program manager for servicing and secondary markets, died on Sunday.

6 critical questions as housing finance reform heats up

Thu, 01/11/2018 - 11:16
The Senate Banking Committee is expected soon to release a bipartisan bill that would significantly reshape the housing finance market, but key issues remain unresolved.

FHFA should resist calls to weaken mortgage standards

Thu, 01/11/2018 - 11:16
The alternative credit scoring model VantageScore would not increase access to credit, says Joe Smith, the former monitor for the 2012 national mortgage settlement.

Warren grills CFPB head over data collection freeze

Thu, 01/11/2018 - 08:12
Sen. Elizabeth Warren, D-Mass., is asking acting CFPB Director Mick Mulvaney to account for recent directives limiting agency staff members’ ability to access or acquire electronic data, saying the moves hamper critical agency operations.

IRS continues repair of income verification system after mortgage industry panic

Thu, 01/11/2018 - 08:12
The IRS has taken corrective actions to speed up its income verification system, avoiding a possibly crippling slowdown for the mortgage industry, but long-term issues remain.

Are lenders or homebuyers playing it too safe with credit scores?

Thu, 01/11/2018 - 08:12
Consumer credit scores are improving, but many qualified borrowers are still hesitant about buying a house. New tools are helping lenders better assess risk and show consumers with lower credit scores they can qualify for mortgages.

State AG says Denver judge was wrong in foreclosure lawsuit

Wed, 01/10/2018 - 17:01
The Denver judge, who last spring ruled that former foreclosure king Larry Castle and his law firm did not violate state laws designed to protect consumers against fraudulent charges, was biased and made several missteps during the three-week bench trial leading up to his decision, the Colorado attorney general's office asserts in its appeal of the verdict.

Affordability challenges have homebuyers more cautious about the market

Wed, 01/10/2018 - 13:58
Consumer confidence in the housing market during December was better than it was 12 months prior but weaker than in November.

HELOC vs. cash out refinance decision gets trickier after tax reform

Wed, 01/10/2018 - 13:58
Homeowners can tap into more home equity than ever before, but deciding between a home equity line of credit and cash out refinance mortgage has gotten more complicated following recently passed tax reforms.

Oahu's home market ended 2017 on robust note

Wed, 01/10/2018 - 10:52
Oahu's 2017 housing market finished strong with gains in both condominium and single-family home sales and median prices, and experts from the real estate industry expect the momentum to continue this year.

HUD inspector general is auditing Buffalo's public housing agency

Wed, 01/10/2018 - 10:52
The HUD inspector general is conducting a wide-ranging audit into how Buffalo's public housing authority spent tens of millions of dollars over the past two years.

Situs strikes deal to buy MountainView Financial Solutions

Wed, 01/10/2018 - 10:52
Situs agreed Friday to buy mortgage servicing rights valuation and brokerage firm MountainView Financial Solutions in a deal set to close this month.

Inside one credit union's unique 'thank you' to mortgage clients

Wed, 01/10/2018 - 10:52
Jeanne D'Arc Credit Union has begun thanking home buyers for their business by throwing housewarming parties for them once the process is complete.

Longtime Hensarling aide named CFPB's chief of staff

Wed, 01/10/2018 - 10:52
Kirsten Sutton Mork, the House Financial Services Committee's staff director, will become chief of staff at the Consumer Financial Protection Bureau.