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Results: 1280 Articles found.

June 2016

Foreclosure Inventory Falls to 9-year Low

The number of foreclosures in the U.S. has hit its lowest point since October 2007, with only 1.1 percent of the nation's homes in foreclosure, according to the National Foreclosure Report from analytics firm CoreLogic, HousingWire reported May 10.

 
June 2016

Cash Home Sales Hit 8-year Low

Cash sales made up 35.7 percent of all home sales in February, accounting for the smallest portion of total home purchases since the start of 2008, according to a report from analytics firm CoreLogic, HousingWire reported May 19.

 

June 2016

Home Price Appreciation Stays Strong

Home prices nationwide, including distressed sales, increased 6.7 percent in March compared to the same point a year ago, and experts forecast that prices will increase by 5.3 percent on a year-over-year basis at least through March 2017, according to analytics firm CoreLogic, HousingWire reported May 3.

 
June 2016

HARP Refinance Surpasses 3.4 Million Borrowers

The Federal Housing Finance Agency announced May 16 that more than 3.4 million homeowners have refinanced their mortgage loans via the Home Affordable Refinance Program, including more than 19,000 in the first quarter. HARP expires Dec. 31, and more than 325,000 borrowers are still eligible to refinance.

 

June 2016

Millennials Changing Residential, Commercial Markets

The millennials' preference to rent rather than own has boosted the rental market but depressed home sales, and their desire for open floor plans and amenities has altered office space options, the National Association of Real Estate Investment Trusts reported May 9.

 
June 2016

Gap Between Appraiser, Homeowner Value Opinions Drops

The disparity between appraiser and homeowner opinions of property value slightly narrowed during the past month, with appraiser valuations only 1.95 percent lower than homeowner estimates in April, down from 2.17 percent in March, Quicken Loans reported May 10 in its Home Price Perception Index.

 

June 2016

Fannie: Economic Growth Continues Downward Slide

Fannie Mae on May 17 lowered its full-year economic growth forecast to 1.7 percent, down from 1.9 percent noted in a previous forecast and 2.2 percent reported at the beginning of the year. However, growth is expected to recover with a boost from home sales and low mortgage rates.

 
June 2016

Fannie Mae: TRID Gives Advantage to Large Lenders

Forty-four percent of large lenders responding to a Fannie Mae survey about the TILA/RESPA Integrated Disclosure Rule said that it gave them a competitive advantage in the marketplace, whereas only 16 percent of small lenders said the rule gave them any advantage, MBA NewsLink reported May 12.

 

June 2016

AI Professionals Lobby to Modernize Appraisal Regulatory Process

More than 100 Appraisal Institute professionals went to Capitol Hill May 26 to urge congressional support for the modernization of the appraisal regulatory process, the Appraisal Institute reported May.

 

June 2016

CFPB: TRID Rules Changing Soon

The Consumer Financial Protection Bureau announced April 28 that it will make changes to its Know Before You Owe rule, which took effect last October as part of the bureau's TRID regulations and increased the average time it takes to close on home loans, HousingWire reported.

 
Results: 1280 Articles found.

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