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Updated: 2 hours 27 min ago

Dallas-area home price growth cools

Mon, 01/08/2018 - 06:57
Dallas-area home prices are at record levels but are rising at a slower rate than in recent years.

Credit score gap between homebuyers, consumers at widest point in 12 years

Mon, 01/08/2018 - 06:57
The gap between the average credit score for homebuyers and other consumers has widened to its highest point in 12 years, and lenders don't know what, if anything, to do about it.

CMBS delinquency rate falls sharply in December

Fri, 01/05/2018 - 13:59
The Trepp CMBS Delinquency Rate ended the year at 4.89%, a decrease of 29 basis points from the November level. That’s the largest monthly drop since January 2016.

Procedural move will delay top Fed, FHA, FDIC nominations

Fri, 01/05/2018 - 13:59
More than 100 pending Trump administration nominees, including Fed Chair-designate Jerome Powell, must update their financial disclosures and have the White House resubmit their names for consideration by the Senate.

Tax law likely to spur crisis in affordable housing

Fri, 01/05/2018 - 13:59
The tax law is expected to eliminate 300,000 affordable housing units over 10 years in part because it will reduce the value of banks’ low-income tax credits, which finance half of all affordable housing units.

PHH settles robo-signing allegations, but more regulatory battles loom

Fri, 01/05/2018 - 13:59
PHH Corp. agreed to a $45 million settlement to resolve allegations from 49 states and the District of Columbia that it engaged in "foreclosure process abuses" involving "inconsistent signatures" in its servicing business from 2009 to 2012. The settlement comes as the nonbank mortgage company continues its legal challenge to a separate regulatory action by the CFPB.

PwC ruled negligent in Colonial Bank auditing case

Fri, 01/05/2018 - 10:53
A federal judge ruled PricewaterhouseCoopers was negligent in its audits of Colonial Bank, which failed in 2009 in the midst of the financial crisis, potentially exposing PwC to heavy damages.

Title company profits to drop due to fewer originations in 2018

Fri, 01/05/2018 - 10:53
Lower mortgage loan origination volume in 2018, on top of 2017's decline, will lead to further reduction in title insurer profitability and a possible increase of merger activity.

Mortgage applications decreased during holiday season

Fri, 01/05/2018 - 10:53
Mortgage application volume decreased 2.8% during the last two weeks of 2017, according to the Mortgage Bankers Association.

Credit scores on mortgages made to millennials drop

Fri, 01/05/2018 - 10:53
The average credit score of loans made to members of the millennial generation were a little lower than they were a year ago, according to Ellie Mae.

Another discount broker pushes in to Florida real estate market

Fri, 01/05/2018 - 10:53
Bernard Polselli has sold more than a few houses during his life, and when it came time to list his place in Palm Beach Gardens, Fla., he decided not to use a traditional agent.

Southern California house-price gains hit 2-year highs

Fri, 01/05/2018 - 10:53
Southern California home prices rose at their fastest pace in almost two years in November as falling numbers of homes for sale pushed home prices ever higher, figures from CoreLogic show.

CMBS may be underinsured for California earthquakes

Fri, 01/05/2018 - 10:53
Some commercial buildings that are not required to obtain earthquake insurance may still be susceptible to significant structural damage that could put the borrowers at risk of default, according to Kroll Bond Rating Agency.

Vermont tackling affordable housing through bond sale

Fri, 01/05/2018 - 07:43
The Vermont Housing Finance Agency is prepping the state’s first sustainability bond sale.

Could blockchains replace banks in real estate lending?

Fri, 01/05/2018 - 07:43
Startups that have developed the technology for real estate finance are starting to conduct a broader array of transactions, including property sales.

Bank to foreclose property in Clifton Park, N.Y.

Fri, 01/05/2018 - 07:43
Pioneer Savings Bank is seeking to foreclose on commercial property located off of Route 146 in Clifton Park, N.Y., claiming that the owner owes the bank more than $1.9 million in mortgages and loans.

CFPB 2018 outlook: More deregulation, more upheaval

Fri, 01/05/2018 - 04:40
If acting CFPB Director Mick Mulvaney ultimately prevails in the lawsuit challenging his position, he is expected to continue implementing the most significant changes to the agency in its six-year history.

Fannie Mae's delinquency rate returns to high last seen in March

Thu, 01/04/2018 - 13:18
Fannie Mae's serious delinquency rate climbed to a high not seen since March 2017, but remained lower than it was 12 months prior.

Affordability challenge remains even as home price growth slows

Thu, 01/04/2018 - 13:18
Home price growth is likely to slow in the near future but affordability remains a concern, especially at the lower end of the market, according to CoreLogic.

Keys legislator asks for millions toward hurricane housing

Thu, 01/04/2018 - 10:16
Efforts to secure funding for Florida Keys housing in the wake of Hurricane Irma rank among priorities for Monroe County's state representative in the upcoming legislative session.