• World News
• Business
• Entertainment
• Health
• Political
• Real Estate
• Sports
• Technology
• Travel

News Feed Generator

Shared equity provider Point selects Roundpoint Mortgage Servicing to act as servicer Point, a financial technology platform that offers homeowners the opportunity take equity out of their home without taking on new debt, is partnering with Roundpoint Mortgage Servicing, which will ... HousingWire | January 25, 2017

Trump protesters hang giant "RESIST" sign from crane at Fannie Mae’s new headquarters The skyline of downtown Washington, D.C. looked a little different on Wednesday morning after activists climbed a 270-foot crane that overlooks the White House and hung a massive banner that read &... HousingWire | January 25, 2017

CFPB’s final mortgage servicing rule implementation possibly delayed The implementation date of the Consumer Financial Protection Bureau’s final mortgage servicing rule lies in question after the Trump administration announced a freeze on federal regulations. ... HousingWire | January 25, 2017

Two men shot execution style at NYC mortgage company Two men were shot execution style inside a mortgage business in Staten Island. Little is known about the shooting, however one of the men killed was believed to be a whistleblower and the state&rsq...; HousingWire | January 25, 2017

RealPage seeks to build apartment data giant with acquisition of Axiometrics RealPage, a provider of software and data analytics to the real estate industry, is growing its operation and seeking to create an apartment data giant with a pair of deals - acquiring “subst... HousingWire | January 25, 2017

Government's Fannie Mae will back PE giant Blackstone's rental homes debt Fannie Mae will back $1 billion in debt collateralized by rental homes at Blackstone. CNBC | January 25, 2017

CoreLogic: Cash sales increase yet again in October While cash sales are down annually, October just hit its fourth consecutive month of increases. CoreLogic’s data shows, however, that distressed sales decreased to their lowest levels since 2... HousingWire | January 25, 2017

Want to join the CFPB’s advisory board and councils? The Consumer Financial Protection Bureau started accepting applications to join three of its four independent advisory groups, which give formal input on everything from consumer engagement, to pol... HousingWire | January 25, 2017

It's official: Dow finally passes 20K milestone After flirting with the milestone for weeks, the Dow finally passed 20,000 for the first time ever. Some are calling the sudden surge the “Trump Rally” reigniting. But what caused this ... HousingWire | January 25, 2017

MBA: Purchase applications drive increase in mortgages Mortgage applications moved slightly higher thanks to a boost in purchase applications. Meanwhile, refinance demand continues to dwindle as its share of mortgage activity now only sits at 50% of to... HousingWire | January 25, 2017

Jump in rates doesn't deter homebuyers, as mortgage applications increase 4% Mortgage rates moved solidly higher last week, but lenders saw no letup in loan demand. CNBC | January 25, 2017

Buying a Home is More Affordable Than Renting in 66% of US Counties According to ATTOM Data Solutions’ 2017 Rental Affordability Report, buying a home is more affordable than renting in 354 of the 540 U.S. counties they analyzed. KeepingCurrentMatters | January 25, 2017

Wells Fargo customers to receive $50 million for overcharged mortgage fees Borrowers who had a mortgage serviced by Wells Fargo between May 6, 2005 and July 1, 2010 could soon receive their share of a $50 million settlement, which stemmed from charges that Wells Fargo ove... HousingWire | January 24, 2017

CFPB Director Cordray: We will continue enforcing existing rules Even though there’s an ongoing battle over his unusual authority, Consumer Financial Protection Bureau Director Richard Cordray said he has no plans to stop enforcing existing consumer protec... HousingWire | January 24, 2017

ServiceLink fined $65 million for LPS foreclosure deficiencies The ghost of Lender Processing Services came back to haunt ServiceLink and Black Knight Financial Services on Tuesday, as the Federal Reserve, Office of the Comptroller of the Currency, and the Fed... HousingWire | January 24, 2017

Blackstone's Invitation Homes prepares $1.5 billion IPO The initial public offering for Blackstone Group’s single-family rental operator, Invitation Homes, is one step closer to reality, as the company disclosed the terms of its initial public off... HousingWire | January 24, 2017

CoreLogic creates new app for real estate agents on the go CoreLogic created a new app for real estate agents that allows them to access property information on the go. The search engine covers 99.9% of all U.S. property records. Here is more on the app, a... HousingWire | January 24, 2017

Xavier Becerra officially named California attorney general Now that Kamala Harris is getting settled in her new role in the U.S. Senate, California officially announced Rep. Xavier Becerra as her replacement, approving him as the state’s new attorney... HousingWire | January 24, 2017

Why the supply of homes for sale is the lowest since 1999 At the current sales pace, it would take only about three and a half months to exhaust the supply of homes. CNBC | January 24, 2017

Senate Banking Committee unanimously votes to approve Ben Carson as HUD Secretary The Committee On Banking, Housing, and Urban Affairs unanimously voted to approve Ben Carson as Secretary of the U.S. Department of Housing and Urban Development on Tuesday morning. However, the no... HousingWire | January 24, 2017

Existing home sales close 2016 as best year in a decade Home sales slipped in December, but not enough to keep 2016 from being the best year in a decade for existing home sales. However, despite this slip in home sales, inventory continues to struggle. ... HousingWire | January 24, 2017

Fifth Third reports residential mortgage loan increase of 10% in Q4 Fifth Third reported drastic decreases in its fourth quarter earnings today. Its net income dropped 40% from last year. However, despite the decreases, residential mortgage loans still increased by... HousingWire | January 24, 2017

How Low Interest Rates Increase Your Purchasing Power According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.09%, which is still very low in comparison to recent ... KeepingCurrentMatters | January 24, 2017

Ben Carson facing Senate vote to become HUD Secretary The Committee On Banking, Housing, and Urban Affairs is slated to meet Tuesday morning to vote on the nomination of Ben Carson as Secretary of the U.S. Department of Housing and Urban Development. ... HousingWire | January 23, 2017

JPMorgan Chase officially reaches $53 million settlement for lending discrimination Confirming reports that began to emerge last week, JPMorgan Chase officially reached a settlement with the Department of Justice over allegations that the bank’s brokers charged higher intere... HousingWire | January 23, 2017

Wells Fargo accused of falsely overcharging mortgage borrowers With the wound from its massive account scandal last year still fresh, four former Wells Fargo employees in the Los Angeles region say the account scandal was not the only way the bank deceived bor... HousingWire | January 23, 2017

Democratic state AGs join fight to save CFPB from Trump The embattled Consumer Financial Protection Bureau, which top Congressional Democrats recently pledged to defend against potential attacks from the Trump administration, has more defenders in its c... HousingWire | January 23, 2017

New American Funding names new divisional vice president New American Funding brought on a new divisional vice president to lead its expansion efforts in the Southeast. With over 16 years of experience, Kelly Allison brings a team of 91 mortgage professi... HousingWire | January 23, 2017

Societe Generale fined $50 million for pre-crisis RMBS fraud In its last few days, the Obama administration announced multibillion dollar settlements with two foreign banks, Deutsche Bank and Credit Suisse, for each bank’s mortgage securitization pract... HousingWire | January 23, 2017

[Video] Trump wants to cut all regulation by 75% President Donald Trump said he plans to cut regulations by 75% or more in a meeting with business leaders on Monday. While didn’t specially call out the housing market in his meeting, he&rsqu...; HousingWire | January 23, 2017

Death-row inmate facing final hours for murder of Texas real estate agent About 10 years ago, convicted killer Kosoul Chanthakoummane brutally murdered a real estate agent in her model home. Now, after a decade on death row, his death is only days away. Though not as bru... HousingWire | January 23, 2017

CFPB fines CitiFinancial Servicing and CitiMortgage $29 million The Consumer Financial Protection Bureau hit CitiFinancial Servicing and CitiMortgage with enforcement actions over how both companies handled borrower foreclosures. Since both banks violated the R... HousingWire | January 23, 2017

2016 foreclosures dropped more than any year on record Foreclosure rates dropped and even hit milestone lows in 2016. A new report from Black Knight shows that 2016 saw the greatest drop of any year on record. Even states with the highest percentage of... HousingWire | January 23, 2017

Young homebuyers get no help from one of Trump's swift, first moves By reversing an Obama order on mortgages, the Trump administration may have discouraged homebuyers, say officials. CNBC | January 23, 2017

Have You Saved Enough for Closing Costs? There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have disp... KeepingCurrentMatters | January 23, 2017

Nonbanks dominate FHA-backed mortgages Nonbank’s share of Federal Housing Administration-backed mortgages crossed $1 trillion for the first time in November. The news, while positive for nonbanks, is causing some in the industry ... HousingWire | January 20, 2017

Borrowers: This is how the FHA mortgage insurance premium suspension impacts you As the industry adjusts to the Department of Housing and Urban Development’s decision to suspend the reduction of Federal Housing Administration mortgage insurance premiums, consumers are lef... HousingWire | January 20, 2017

Pioneer Bank names new president and CEO After seven years with the company, Pioneer Bank’s board of directors named Ron Coben as its next CEO. Here’s more on Coben’s 30-year career, and what he brings to the company. HousingWire | January 20, 2017

Total value of homes sold in Northwest increases 18%+ in 2016 Home values increased in 2016, along with the number of homes sold throughout the year, leading to an increase of more than 18% in the total value of homes sold. The increase in sales, however, is ... HousingWire | January 20, 2017

Industry reacts: Is Trump's suspension of FHA mortgage insurance premium cut good or bad? The Department of Housing and Urban Development’s decision to suspend the reduction of Federal Housing Administration mortgage insurance premiums didn’t come as a shocker. But while the... HousingWire | January 20, 2017

U.S. Bank promotes new chief marketing officer After 30 years in the advertising and communications market, Beth McDonnell became U.S. Bank’s chief marketing officer. The bank explains why it promoted McDonnell, and why she will be a "rem... HousingWire | January 20, 2017

HUD suspends FHA mortgage insurance premium cut Just moments after President Trump was sworn in on Friday, the Department of Housing and Urban Development announced it is indefinitely suspending the reduction of FHA mortgage insurance premiums, ... HousingWire | January 20, 2017

Fannie Mae, Freddie Mac stock hangs in the balance after Mnuchin privatization talks The highs Fannie Mae’s and Freddie Mac’s stocks experienced toward the end last year didn’t stay long. After Trump’s Treasury Secretary nominee Steven Mnuchin retreated from... HousingWire | January 20, 2017

#InaugurationDay is here – this is what it means for housing in 2017 The United States swore in Donald Trump as its next president, and the nation looks on to see what that will mean for policy changes in the coming months. Fannie Mae updated its economic growth pro... HousingWire | January 20, 2017

BB&T reports record year for earnings in 2016 BB&T reported record earnings for 2016, and fourth quarter earnings significantly higher than the previous year. However, these increases were not driven by residential mortgage loans which act... HousingWire | January 20, 2017

California lifts Fidelity National Title Company's suspension on conducting business After 16 days, the State of California Franchise Tax Board nullified Fidelity National Title Company’s suspension and restored the corporation to good standing on Thursday. The impact of the ... HousingWire | January 19, 2017

JPMorgan Chase reportedly agrees to $55 million settlement for discriminatory lending JPMorgan Chase agreed to a $55 million settlement with the Department of Justice, which accused the bank’s brokers of charging higher interest rates to minority borrowers than white borrowers... HousingWire | January 19, 2017

New evidence released on murder of Abilene real estate agent Months of investigation, and police still haven’t made an arrest in the case of Tom Niblo, a real estate agent from Abilene, Texas who was shot and killed. However, newly released information... HousingWire | January 19, 2017

MBA’s political action committee elects new chairman The Mortgage Bankers Association named New American Funding’s CEO as its new chairman for its political action committee. The MBA talks about why it chose him, and Rick Arvielo explains his p... HousingWire | January 19, 2017