Shopping Cart
Welcome,   My Account

AI News

Category:
Results: 132 Articles found.
Jan 13, 2016 12:30 PM

Report: Sell Non-performing Loans to Private Investors

Selling non-performing loans to private investors is a good thing because investors can do more to help borrowers than can the U.S. Department of Housing and Urban Development - although such sales are facing increased criticism, according to a report released Jan. 6 by the Urban Institute.

 
Jan 13, 2016 12:30 PM

Manhattan Land worth More than $1 Trillion

The value of all the land in Manhattan is about $1.4 trillion, according to data released by economists Jason Barr, Fred Smith and Sayali Kulkarni and reported by Vox Media Jan. 6. Land prices in Manhattan have increased 15.8 percent annually since 1993.

 
Jan 13, 2016 12:30 PM

Phoenix is Top City for 'Smart' Homes

Builders in Phoenix lead the smart-home charge, making it the top market for wired houses, Realtor.com reported Jan. 4. Other top markets for tech-heavy homes include Dallas, New York, Miami and Los Angeles. Noticeably absent: cities in and around the tech hub of Silicon Valley.

 
Jan 06, 2016 12:30 PM

Initial TRID Enforcement Actions Corrective, Not Punitive

The Consumer Financial Protection Bureau said it viewed the first months of implementation of its RESPA/TILA Integrated Disclosure rule as "corrective and diagnostic, rather than punitive," noting concern that investors may be rejecting TRID loans for minor errors, MBA NewsLink reported Jan. 4.

 
Jan 06, 2016 12:30 PM

Court Dismisses Quicken Loans Lawsuit against DOJ

A federal judge on Dec. 31 dismissed a lawsuit that Quicken Loans filed against the U.S. Department of Justice that alleged the company was being forced to make false admissions about and pay a big settlement over its mortgage lending and underwriting practices, Reuters reported.

 
Dec 16, 2015 12:30 PM

Report: Gap between Appraiser, Homeowner Opinions Continues to Decline

The difference between appraiser and homeowner opinions of home value shrank for the third consecutive month, but the November Home Price Perception Index released Dec. 8 by Quicken Loans is the 10th consecutive index in which homeowners' expectations of value exceeded appraisers' opinions of value.​

 
Dec 16, 2015 12:30 PM

Report: Most New Mortgage Loans Have TRID Violations

A review of new mortgage loans revealed that more than 90 percent showed compliance violations with the Consumer Financial Protection Bureau's TILA-RESPA Integrated Disclosures rule, according to a Dec. 10 report from Moody's Investors Service, HousingWire reported.

 
Dec 16, 2015 12:30 PM

FHA to Increase Some Loan Limits in 2016

The Federal Housing Administration announced Dec. 9 that it will raise loan limits in 188 counties in 2016, HousingWire reported. However, loan limits in "high-cost" areas will remain at the national ceiling of $625,500 and limits for "low-cost" areas will stay at $271,050.

 
Dec 09, 2015 12:30 PM

Quicken Loans May Ditch FHA Loan Program

Quicken Loans is considering leaving the Federal Housing Administration's first-time homebuyer program after voicing concerns about the FHA's methods for resolving unpaid loan obligations, Reuters reported Dec. 2. Quicken joins JPMorgan Chase, Bank of America and Wells Fargo in voicing frustration with the program.

 
Dec 09, 2015 12:30 PM

HUD Warns of Fraudulent, Inflated Reverse Mortgage Appraisals

The Office of the Inspector General for the U.S. Department of Housing and Urban Development on Nov. 30 warned of fraudulent appraisals being used to boost loan amounts for the refinancing of HUD's Home Equity Conversion Mortgages, HousingWire reported. Some appraised values were inflated by 60 to 100 percent more than actual market values.

 
 
Results: 132 Articles found.

27 47

Pop up content here.

Agree Disagree
close (X)