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Results: 118 Articles found.
Nov 25, 2015 12:30 PM

Rising Valuations Means Uncertain Commercial Market

Some investment managers reported worrisome signs in commercial mortgage-backed securities due to loosening underwriting standards, and while they noted the market appears "frothy" as a result of high commercial valuations, they aren't yet forecasting a bubble, Bloomberg Business reported Nov. 18.

Nov 25, 2015 12:30 PM

Errors Abound in CFPB Complaint Portal

The Consumer Financial Protection Bureau's consumer complaint database allegedly is riddled with errors and distrusted by some of its own employees, according to internal documents and interviews with current and former agency officials, National Mortgage News reported Nov. 18.

Nov 25, 2015 12:30 PM

Mortgage Firm Settles Multistate Suit over Appraisal Fees

Prospect Mortgage settled with the Multi-State Mortgage Committee on behalf of 50 state mortgage regulators after investigators uncovered a pattern of improperly disclosed and unsupported fees paid to the company's affiliate, C2C Appraisal Services, HousingWire reported Nov. 19. Prospect will pay more than $10 million in fines and restitution.

Nov 18, 2015 12:30 PM

Study: Solar Energy Systems Boost Home Values

Homes with host-owned solar photovoltaic energy systems sell for a premium compared to homes without PV systems, according to a study authored by Appraisal Institute member Sandra K. Adomatis, SRA, and released Nov. 12 by the U.S. Department of Energy's Lawrence Berkeley National Laboratory

Nov 18, 2015 12:30 PM

Report: Gap Narrows between Appraiser, Homeowner Value Opinions

The discrepancy between appraiser and homeowner opinions of home values is shrinking, but October still was the ninth consecutive month in which homeowner estimates exceeded those of appraisers, Quicken Loans reported Nov. 10 in its Home Price Perception Index.

Nov 18, 2015 12:30 PM

Mortgage Rates Rise for Second Consecutive Week

Averaged fixed mortgage rates rose for the second consecutive week, amid continued expectations of a rate increase by the Federal Reserve and a stronger than expected October jobs report, Freddie Mac reported in its Primary Mortgage Market Survey on Nov. 12.

Nov 11, 2015 12:30 PM

Yellen: December Rate Hike a 'Live Possibility'

Federal Reserve Chair Janet Yellen's remarks to the House Financial Services Committee on Nov. 4 formally allowed the possibility of a rate hike when the Federal Open Markets Committee meets in December, HousingWire reported. The Fed has not raised interest rates since June 2006.

Nov 11, 2015 12:30 PM

Fed Sees Possible Commercial Real Estate Bubble

Eric Rosengren, president of the Boston Fed, expressed concern about the rapid rise in commercial real estate prices, noting in a Nov. 9 speech in Rhode Island, that investors are compensating for low rates by taking on too much risk in order to improve returns, MarketWatch reported.

Nov 11, 2015 12:30 PM

Despite Freddie Mac Quarterly Loss, No Aid Necessary

Freddie Mac's third-quarter loss was its first since 2011, but despite the shortfall, additional aid from the U.S. Department of the Treasury won't be needed, Bloomberg reported Nov. 3. Freddie has operated under federal conservatorship since 2008 and received $71.3 billion in aid; it regained profitability in 2012 and returned $96.5 billion to Treasury.

Nov 04, 2015 12:30 PM

CFPB Releases 2016 List of Rural, Underserved Counties

The Consumer Financial Protection Bureau on Oct. 29 released its updated list of the nation's rural and underserved counties, HousingWire reported. In September, the agency finalized changes to its mortgage rules to increase the number of financial institutions able to provide mortgages in rural and underserved areas.

Results: 118 Articles found.

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