CoreLogic’s AutomatIQ Borrower Income Analysis solution is now integrated with Fannie Mae’s Income Calculator, the company announced last week. With this integration, mortgage lenders will be able to calculate borrowers’ income according to the standards […]
Mortgage application activity declined for the week ending Dec. 15, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, fell by 1.5% […]
Last week’s DataDigest offered readers a host of housing forecasts from industry experts at banks, trade associations and more, the thrust of which was housing professionals should expect a modestly better year of sales thanks […]
A California developer has proposed an apartment tower for Oklahoma City that would be the second tallest building in the nation. According to a report in The Oklahoman, Scot Matteson has put forth a proposal to […]
The three remaining defendants in the Moehrl commission lawsuit filed a joint motion for summary judgement on Tuesday. The National Association of Realtors, Keller Williams and HomeServices of America, have asked judge Andrea Wood to […]
The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Justice (DOJ) have filed a lawsuit against the Texas-based developer and lender Colony Ridge, accusing the company of operating an illegal land sales scheme […]
Keller Williams (KW) has appointed Wendi Harrelson as president of KWRI-owned regions and John Clidy as vice president of growth, the company announced on Wednesday. The appointments were effective as of Dec. 12. “Well-known across […]
Did today’s existing home sales report give us a playbook for housing in 2024? I would argue yes, and the housing market today looks a lot like what we saw in late 2022. However, this […]
Federal Reserve Bank of Philadelphia President Patrick Harker stressed the importance for the central bank to lower interest rates – just not in the immediate future. Speaking today in an interview with the Philadelphia radio […]
It was late 2022 and Mike was feeling the pressure. Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina. […]
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