PHH Moves Forward With Updated Servicing Standards
In a statement released Wednesday, PHH said they will implement new servicing standards as part of a settlement with a multi-state group of state attorneys general, as well as following [...]
Average Credit Scores for Potential Homebuyers Dip
The credit score for all borrowers dipped to 722 in November 2017 from 728 in November 2016, according to a report released by Ellie Mae, a cloud-based platform provider for [...]
Landmark Network, Inc. Announces Support Program for Lenders
Landmark Network, Inc., a Los Angeles-based appraisal management company that offers a full range of national valuation and technology solutions, recently announced the launch of Wholesale365, a specialized program designed [...]
Fed Anticipates Economic Boosts from Tax Bill
The Federal Reserve released the minutes for the Fed’s December 2017 Federal Open Market Committee meeting on Wednesday afternoon, providing insights into the recent decision to increase interest rates, as [...]
Americans Migrated West and South in 2017
States in the Mountain West, Pacific West, and the South saw strong inbound migration for 2017, according to United Van Lines' 41st Annual National Movers Study. The Study tracks state-to-state [...]
HELOC Rates Could Jump 75 Basis Points in 2018
For borrowers hoping to secure a home equity line of credit (HELOC) in 2018, sooner rather than later would be the best approach according to a new 2018 forecast by [...]
Economic Growth and Job Gains to Fuel Housing Market
In its monthly video series highlighting housing data, The National Association of Realtors lists the top trends in real estate for 2018. The post Economic Growth and Job Gains to [...]
Cities Where 50 Percent of Households Can’t Afford a Home
Homeownership is likely to be out of reach for more than 50 percent of the households in some of the most expensive cities in the U.S. a study found. The [...]
FHFA Credit Changes Could Expand Homeownership
With the Enterprises considering major changes when it comes to GSE credit score standards, a FICO representative says they welcome the competition—so long as it’s fair. The post FHFA Credit [...]