Fannie Mae appoints Hugh Frater as permanent CEO
Frater served as interim CEO during the agency's 6-month search for a new chief executive
A group of millennials on their phones
Between student loan debt and sky-high home prices, millennials are rethinking homeownership
by Marian McPherson Mar 21
Federal Reserve keeps rates static, predicts no hikes in 2019
Static rates could lead to steady or declining mortgage rates, economists say
by Patrick Kearns Mar 20
Sparkler sparkling sparkles sparks
Motto president Ward Morrison praised the system's flexibility for loan officers
by Patrick Kearns Mar 20
Rapidly-Spreading Wildfire In California's Butte County Prompts Evacuations
Veros' new AVM add-on can show exactly which areas were impacted by wildfires, floods, earthquakes and more, helping lenders determine whether to issue a mortgage
by Jim Dalrymple II Mar 15
Paul Manafort indicted in New York on mortgage fraud charges
New charges come just minutes after former Trump campaign manager was sentenced in federal case
by Jim Dalrymple II Mar 13
A foreclosed property
Only 0.4% of Americans experienced foreclosure in December
Bankrate successor to pay $28M in fines for fraud scheme
Two former executives of the financial services company have been sentenced to jail time for their roles in the scheme
by Patrick Kearns Mar 7
Veterans Affairs loans have spiked since 2007 recession: Study
In 2007, only 30% of first-time service members and veteran buyers used a VA loan. That increased to 78% by 2016
by Patrick Kearns Mar 1
Cryptocurrency, blockchain, housing and data
Agents who fully understand blockchain-based transactions will be in a strong position to service the growing pool of tech-savvy consumers
by Pat Hiban Feb 28
Home prices jumped 5.7% year-over-year at the end of 2018
States in the Intermountain West saw the most significant home price appreciation in the final months of 2018
by Jim Dalrymple II Feb 26
How to get your clients financially fit
A simple checklist to ensure your buyers and sellers ready to pounce on the right deal, when it comes along
by Marilyn Blume Feb 20
Groundfloor offers company shares at $15 in new public offering
The crowd-sourcing home lender grew revenue by 79% in 2018, and it's now offering shares for $15 to reach 20% public ownership
by Craig C. Rowe Feb 18
Hurricane Harvey damage in Port Arthur, Texas
Going into effect in July 2019, it will require lenders to accept private policies rather than just government ones
by Jim Dalrymple II Feb 12
Mortgage software company Ellie Mae to be acquired for $3.7B
The company processes over a third of all the mortgage applications in the United States
by Marian McPherson Feb 12
Fannie Mae And Freddie Mac Bailout Projected To Grow
The trade organization believes the housing finance market needs reforms to maintain long-term stability and provide consumers access to capital
by Jim Dalrymple II Feb 12