Shopping Cart
Welcome,   My Account

ru

ru

 

Category:
Results: 12 Articles found.

June 2015

Homes in Oil-rich States Most Vulnerable to Price Drops

Falling oil prices leave North Dakota, Oklahoma, Texas and other states with a high percentage of employment dependent on the oil sector vulnerable to dropping home prices, according to the Arch MI Risk Index released April 29 by insurer Arch Capital Group.

 

June 2015

Appraiser Shortage Could Hurt Mortgage Lenders

A shortage of residential appraisers could create a situation where, in the next 5-10 years, lenders won’t be able to have their volume of home appraisals sufficiently handled, National Mortgage News reported May 20. The result could be higher appraisal fees and longer closing times. (Log-in required)

 
June 2015

Report: Mortgage Fraud Up, Valuation Fraud Down

The Mortgage Fraud Risk Report released May 5 by risk management firm Interthinx showed that mortgage fraud during the fourth quarter 2014 was up slightly from the previous quarter while valuation fraud saw a slight 2 percent drop during the same reporting period.

 

June 2015

Report: Hawaii Homes are Most Overvalued

Homes in Hawaii are overvalued by 17 percent making them the country’s most overpriced properties, according to data released May 6 by ratings agency Fitch Ratings. Also overvalued are homes in Nevada, North Dakota and Arizona. The most undervalued homes are in Michigan, New Hampshire and Rhode Island.

 
June 2015

Report: Gap Grows Between Homeowner, Appraiser Opinions

For the third consecutive month, homeowner opinions of home values are higher than the value assessed by professional appraisers, according to the Home Price Perception Index released May 13 by mortgage lender Quicken Loans, HousingWire reported May 13.

 
June 2015

Wall Street Cautiously Optimistic on Housing

One of the best home-selling seasons in recent years is underway, according to Wall Street firms, but they noted that such factors as student loan debt and rental trends mean the market has not yet returned to normal, MBA NewsLink reported May 20.

 

June 2015

NJ has Highest Average Property Tax

New Jersey homeowners pay the highest annual property taxes, with the state collecting more than $8,100 for the average single-family residence, according to a May 5 report released by data firm RealtyTrac. California tops the list in total tax collection, followed by Texas and New York.

 
June 2015

Foreclosures Down, Homeowners Still Struggle

Foreclosures in March fell by 15 percent compared to the previous year, but the percentage of homeowners still struggling to make housing payments remains above the pre-recession average of 1.5 percent, according to analytics firm CoreLogic, MBA NewsLink reported May 13.

 

June 2015

FHFA: Future Housing Crash Would Mirror 2008

The Federal Housing Finance Agency reported May 14 that its new statistical model could help it predict the severity of future housing market downtowns. As outlined in “Working Paper 15-1: How Low Can House Prices Go? Estimating a Conservative Lower Bound,” the FHFA noted a worst-case scenario similar to the 2008 housing crash.

 
June 2015

FHFA Issues New Single-family Lender Requirements

Single-family mortgage seller/servicers that want to continue doing business with Fannie Mae and Freddie Mac will have to comply with new operational and financial requirements, including a minimum net worth of $2.5 million, the Federal Housing Finance Agency reported May 19.

 
Results: 12 Articles found.

Pop up content here.

Agree Disagree
close (X)