New Low for GSE Refinances

New Low for GSE Refinances

Monthly refinances of government-sponsored enterprise loans sank to the lowest level on recent record. Refinances of Federal Home Loan Mortgage Corp. loans suffered most. During June, primary mortgage originators refinanced 90,856 residential loans backed by the...
New Low for GSE Refinances

Facebook Accused of Enabling Housing Discrimination

A complaint filed against Facebook alleges that the social media giant gives its housing-related advertisers control over who sees their ads — leading to discrimination. On Friday, the Department of Housing and Urban Development announced that it has filed a...
New Low for GSE Refinances

Construction Permits Up, Completed Constr Down

Even though the volume of housing permit issuance was up last month, the pace of completed construction slowed. Construction starts were little changed. In municipalities where permits are issued for single-family and multifamily properties, new construction was...
New Low for GSE Refinances

Mortgage Delinquency Falls to 13-Year Low

The percentage of the nation’s mortgages that were either past due at least a month or in the foreclosure process fell to the lowest level in 12 years. But the outlook is less than stellar. Thirty-day delinquency on U.S. single-family loans, including loans in...
New Low for GSE Refinances

NewDay Takes LO Training to New Level

Before her first day at work at her first job out of college, 22-year-old Belle Matthews googled “professional dress.” Her search resulted in pant suits and other classic women’s wear for the office. She dressed in what she thought would be...