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Results: 1250 Articles found.

March 2016

California Boasts Hottest Housing Markets

San Francisco was the hottest real estate market in January, with California cities accounting for seven of the top 10 housing hot spots, Realtor.com reported Feb. 1.

 
March 2016

Shortage of New Homes Vex First-time Buyers

Home construction rates are less than expected, especially on the lower end of the market, which is making it harder for first-time homebuyers - even with the assistance of government programs, National Mortgage News reported Feb. 18.

 

March 2016

Foreclosures Dropped 20 Percent in 2015

Foreclosures dropped 20 percent between 2014 and 2015, marking the lowest foreclosure volume since 2006, according to the December 2015 National Foreclosure Report released Feb. 9 by analytics firm CoreLogic, HousingWire reported.

 
March 2016

Homeowner, Appraiser Value Opinions Nearing Common Ground

The gap between homeowner and appraiser opinions of real estate value continues to narrow, with appraised values in January only 1.75 percent lower than homeowner expectations, Quicken Loans reported Feb. 9 in its Home Price Perception Index.

 

March 2016

Survey: Personal Finances Hindering Housing Market

Nearly half of non-homeowners surveyed by financial services firm Bankrate said that their financial situation prevented them from buying a home, and nearly 30 percent said they can't afford a down payment, despite only needing 3 percent, HousingWire reported Feb. 10.

 
March 2016

College Towns are Good Bets for Single-family Rentals

Homes located near college campuses often make great investments and can help investors earn the best yields on single-family rental properties, according to data firm RealtyTrac, National Real Estate Investor reported Feb. 1.

 

March 2016

Big Banks Leaving Mortgage Market

The top 10 mortgage originators produced nearly $700 billion in volume in 2015, but banks accounted for only 28.6 percent of that volume - about half the production of just three years ago, MarketWatch reported Feb. 12. Banks cited the current risky regulatory environment as the reason for the drop.

 
March 2016

Report: TILA-RESPA Slows Down Mortgage Process

The average closing time for a residential mortgage increased to 50 days, a 10-day increase from one year ago, and the change is attributed to the Consumer Financial Protection Bureau's TILA-RESPA disclosure rules, according to a report from Ellie Mae, HousingWire reported Feb. 17.

 

March 2016

Morgan Stanley Settles ‘Deceptive’ Mortgage Practices for $3.2B

Morgan Stanley settled for $3.2 billion lawsuits filed by multiple states over allegedly deceptive mortgage practices leading up to the financial crisis, HousingWire reported Feb. 11. The settlement will be dispersed as both consumer relief and as payments to state governments.

 

March 2016

Flint Water Crisis Impacts Mortgage Lending

The contaminated water crisis in Flint, Michigan, could prevent buyers from securing home loans in the area due to minimum lender requirements of livability, HousingWire reported Feb. 4.

 
Results: 1250 Articles found.

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