Housing Peak Levels Then Vs. Now
CoreLogic Principal Economist Molly Boesel recently took a look at the overall boom and bust cycle for the housing market in 2017. Looking at the length of the decline and how [...]
Mortgages More Difficult to Acquire
Over the course of the first and second quarters, mortgage credit availability has gone down slightly, according to a recent report. Mostly driven by market composition, the report notes government [...]
Wells Fargo and BofA: Q3 2017 Results Revealed
On Friday, Wells Fargo and Bank of America released Q3 2017 financial results. Wells Fargo’s revenue dropped 2 percent—to $21.9 billion—compared to third quarter 2016. The bank noted that Q3 [...]
Ocwen Resolutions Rise to 17, Exiting Wholesale Forward Lending
In April 2017, many state business regulators issued regulatory enforcement orders to subsidiaries of Ocwen, but now the company has reached with more than half and has announced the selling [...]
Freddie Mac Announces Small-Pool Pilot With EarnUp
As homeowners struggle to make loan payments on time, Freddie Mac plans to collab with a new online platform in tandem with its borrower help network. The startup intends to [...]
Starter Homes vs. Renting: Where Homeowners Can Save
Buying a home is cheaper long-term than renting an apartment in the top metropolitan areas, and a new report breaks down just how much homeowners can save. The post Starter [...]
JPMorgan Chase Beats Wall Street Revenue Estimates
JPMorgan Chase released its Q3 2017 financial results Thursday morning reporting a net income of $6.7 billion. Take a look at the details of the mega-bank’s results. The post JPMorgan [...]
Fannie Mae Makes Fifth Sale of Reperforming Loans
On Wednesday, Fannie Mae announced its fifth sale of reperforming loans as part of the company’s ongoing effort to reduce the size of its retained mortgage portfolio. According to the enterprise, [...]
High Tax Assessments Possible Cause for Growing Foreclosure Rate
A recent report is linking a higher than average foreclosure rate with tax assessments that may surpassed the constitution limit. The post High Tax Assessments Possible Cause for Growing Foreclosure [...]