Freddie Mac Forecasts A Steadily Growing Housing Market
Mortgage Ledger Staff2019-05-16T12:11:02-04:00Cash-Out Refinance Volumes Remain Low
MCLEAN, Va., May 16, 2019 (GLOBE NEWSWIRE) — According to Freddie Mac’s (OTCQB: FMCC) May Forecast, steady housing market growth is expected due to the positive
Corelogic Enhances Collateral Valuation Ecosystem to Support Appraisal Modernization Efforts
Mortgage Ledger Staff2019-05-16T12:11:03-04:00CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced new valuation services, software solutions and platform enhancements for mortgage lenders embracing the industry’s appraisal-modernization initiatives. Lenders, appraisers and appraisal management companies can easily and
Realtors® Applaud Sens. Perdue, Menendez for Introducing Bill Addressing G-Fee Issues
Mortgage Ledger Staff2019-05-15T17:06:51-04:00NAR President John Smaby issued the following statement following the introduction of S.1463 in the Senate. The legislation, officially noted as a bill to “establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie
San Fernando Valley Con Man Pleads Guilty to Multi-Million Dollar Fraud Scheme that Targeted Vulnerable Homeowners
Mortgage Ledger Staff2019-05-15T17:06:51-04:00A career con man pleaded guilty today in a federal fraud case stemming from a real estate scam that targeted distressed homeowners, many of whom were elderly individuals who were scammed out
Are Hybrid Appraisals Becoming the New Normal In Real Estate Transactions?
Mortgage Ledger Staff2019-05-15T17:06:51-04:00Appraisals, a critical part of real estate transactions, have customarily been done in-person by an experienced appraiser. However, with advancements in technology and the rise of big data, alternatives to the traditional appraisal field are beginning to become more prevalent
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Ledger Staff2019-05-15T17:06:51-04:00Mortgage applications decreased 0.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 10, 2019.
The Market Composite Index, a measure of mortgage loan application volume, decreased
April Origination Insight Report From Ellie Mae Shows 30-Year Note Rate Continues to Decline
Mortgage Ledger Staff2019-05-15T17:06:51-04:00According to the April Origination Insight Report from Ellie Mae®, the leading cloud-based platform provider for the mortgage finance industry, the 30-year note rate dropped for the fourth straight month to 4.61%, down from 4.77% in March and the high of
Freddie Mac Sells $307 Million in NPLs
Mortgage Ledger Staff2019-05-14T20:55:31-04:00Awards 3 SPO Pools to 2 Winners
MCLEAN, Va., May 14, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today announced it sold via auction 1,789 non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio. The loans, totaling
Metro Home Prices See 3.9% Increase in 2019’s First Quarter
Mortgage Ledger Staff2019-05-14T20:55:31-04:00Inventory increased and metro market prices rose in the first quarter of 2019, but at a slower pace than the previous quarter, according to the latest quarterly report by the National Association of Realtors®. The national median existing single-family home price