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News 4 hours ago
Lender Blames CT Bank Regulator for Layoffs

Overzealous licensing requirements in Connecticut are being blamed for the termination of a home lender's planned headquarters expansion and dozens...

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News 5 hours ago
Builders Say New Tariffs Are Devastating

Optimism within the home-building industry remained at its lowest level in 12 months, and pessimism is setting in as a result of a new round of...

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News 8 hours ago
Slight Escalation in Serious Mortgage Delinquency

Serious delinquency on first-lien residential loans turned modestly higher last month. Among large metropolitan areas, Chicago had the worst...

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News 3 days ago
Mortgage Market Index Up, Record ARM Share

New mortgage business really picked up from the holiday week. The strongest showing was with adjustable-rate mortgages-- with ARM share coming in...

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News 6 days ago
AZ Branch Mgr Gets Vet Approved After 2 Denials

An active-duty soldier who was being transferred from Kentucky to Florida and was twice denied for a loan guaranteed by the Department of Veterans...

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News 6 days ago
Mortgage Apps Down as Refis Plunge to 17-Year Low

Applications for purchase-money mortgages accelerated during the holiday week. But a plunge in refinance applications to the lowest level in more...

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News 1 week ago
Jumbo Drives Down Mortgage Credit Availability

Credit conditions in the home financing market were tighter last month. Behind the contraction was a drop in the number of available jumbo mortgage...

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News 1 week ago
Mortgage Biz Off 4 Wks in Row Despite Purchase Bump

New mortgage business retreated for the fourth consecutive week, with the holiday dragging down the latest seven-day period. Even more significant...

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News 1 week ago
Dip in Refi Mortgage Apps Offsets Purchase Bump

Heading into the holiday weekend, mortgage application volume held steady. Purchase-money activity was up, and refinances were lower-- though...

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News 2 weeks ago
CoreLogic Expects a Monthly Drop in Home Prices

While the country's home values continued to escalate, CoreLogic Inc. expects that when last month's final numbers are tallied, values will be...

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News 2 weeks ago
Cashouts Drive Up Weekly Refis, Purchases Sink

A sharp increase in weekly cashout share drove overall refinances significantly higher. But the volume of new purchase-money business turned...

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News 2 weeks ago
Mortgage Rates Little Changed, More of Same Ahead

Over the past week, there was little change in interest rates on home loans. During the next week, more of the same is likely. Recently rising...

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News 2 weeks ago
St. Louis Mortgage Firm Goes Bust

A residential lender out of St. Louis that was at the center of a bitter divorce has ended operations and could be forced out of receivership...

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News 2 weeks ago
Short Supply Pushes Home Buyers To Tipping Point

An ongoing inadequate supply of residential properties for sale has pushed prospective homebuyers to a tipping point and driven down year-over-year...

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News 2 weeks ago
Home Prices Gains Led by Sin City, Silver State

U.S. home prices continued to escalate thanks to historically low interest rates and a persistently tight supply of properties for sale. Las Vegas...

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News 2 weeks ago
ARM and Refi Share of Apps Down from Year Ago

As fewer prospective borrowers completed a new mortgage application this past week, the share of consumers applying for refinances and adjustable...

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News 3 weeks ago
1-in-4 Seattle Homeowners Skip Mortgage

Seattle, which is one of the most expensive housing markets, has seen its population of homeowners without a mortgage balloon.Back in 2010, there...

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News 3 weeks ago
Mortgage Biz Slips, ARMS Lead Decline

There was a modest dip in new mortgage business this week, with adjustable-rate mortgages seeing the biggest decline. Jumbo activity however,...

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News 3 weeks ago
Weekly Mortgage Rates Ease, Unlikely to Rise

Over the past seven days, fixed mortgage rates were slightly lower. More of the same could be in store for the next seven days. While a longer-term...

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News 3 weeks ago
NE Plunge Drives New US Home Sales to 9-Month Low

With the sale of new homes in the Northeast sinking by more than half on a month-over- month basis, national sales dipped to a nine-month low....

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News 3 weeks ago
Mortgage Apps Up as Refi Share Widest in 5 Months

Applications for loans secured by single-family properties turned higher last week as refinance activity leapt and refinance share was the most...

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News 4 weeks ago
CMBS Originations Lead CRE Lending Up From Q1

Commercial real estate loans originated for securitization soared from the prior quarter, while government-sponsored CRE financing activities had...

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News 4 weeks ago
Mortgage Delinquency Holds, Miami's Rate Plunges

Serious delinquency on first mortgages was little changed last month, as has been the case for a half-decade. In Miami, serious consumer...

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News 4 weeks ago
Mortgage Bankers Cut 3-Yr Purchase Forecast

A $65 billion reduction has been made to the three-year outlook for the origination of loans to finance the acquisition of residential properties....

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News 4 weeks ago
5-Month High for Weekly Rate-Term Refis

The share of prospective borrowers who sought to refinance their existing mortgages jumped to the highest weekly level in five months. What's...

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News 1 month ago
Hirings Planned for CoreLogic's Appraisal Unit

CoreLogic Inc. held a ribbon-cutting ceremony this week in Oklahoma City to tout its new presence in the state. Hirings are planned for the...

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News 1 month ago
Drop In Mortgage Rates Likely to Hold

Interest rates on home loans tumbled over the past week, and they are likely to remain there over the next week. A report on monthly closings had...

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News 1 month ago
Builder Confidence Sinks to Nearly 1-Yr Low

As buyer traffic weakened, home builders grew more pessimistic about the new home market. Many continue to worry about the impact from decreasing...

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News 1 month ago
Capital One Cuts 100s of Texas Mortgage Jobs

Hundreds of mortgage employees in North Texas are being laid off by Capital One Financial Corp. The job cuts come less than a year after over 700...

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News 1 month ago
Fixed and ARM Mortgage Rates Rise

Across the board, interest rates on residential loans moved higher this past week. Also rising were indices on adjustable-rate mortgages.Freddie...

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