West to Continue Leading Home Price Gains
Home prices in western areas have led national home values higher. Over the next year, the West is expected to be out front of national gains -- which are predicted to weaken.
Existing Home Sales Rise Again, NE Most
For the second consecutive month, the sale of pre-owned residential properties escalated. The biggest month-over-month gain was in the Northeast.
Over 50 Mortgage Related Events in Q2
Among the more than 50 events on Mortgage Daily's Mortgage Conference Calendar for the second quarter are multiple annual trade group conventions, a roundtable and several workshops. An appraisal conference is set for the third quarter.
3 Home Price Indices All Continue Moving Higher
A trio of monthly home price indices indicate that the value of American homes continues to escalate. One forecast has continued growth in house prices.
West Leads Rise in Existing Home Sales
A jump in the sale of pre-owned homes last month in the West led an overall national gain. In the Northeast, however, there was a significant slump amid brutal weather conditions. Average sales prices continued rising.
Massive Judgment Against Quicken Title Affiliate
A massive judgment has been awarded by a jury in a lawsuit accusing a title insurance company affiliated with Quicken Loans Inc. of misappropriating valuation technology.
CO, NV & NY See Big Home Price Gains, Seattle Most
While Washington's largest city continues to dominate home-price gains, Colorado, Nevada and New York are all showing signs of strength.
Dismal Month for Existing Home Sales
Monthly sales of pre-owned homes fell to the lowest level in two years, while the annual rate was down from a year earlier by the most in three years.
Alternative Valuations Could Hurt RMBS Quality
Increased utilization of alternative real estate valuations could have a negative impact on the the quality of residential mortgage-backed securities. But there are some positives to the shift.
Fannie Updates Impact IRS Installment Agreements
Updates to the Federal National Mortgage Association's guidelines impact appraisals, condominiums and borrowers with income tax installment payments.