Loan demand for purchase and refinancing applications dropped last week, as credit remains tight. Overall mortgage applications fell by 7.3 percent for the week ending May 10, the...
Tag Archives: mortgage
Mortgage Giant Surges to Higher Profit
A strengthening housing market helped Freddie Mac’s profits climb from January through March. The government-sponsored enterprise (GSE) earned $4.6 billion in that time period....
Quicken Loans Grabs Mortgage Market Share
Quicken Loans is growing its market share in the mortgage business, having just surpassing Bank of America as the third-largest mortgage lender in the U.S., according to rankings...
Getting a Mortgage Likely Won’t Get Any Easier Soon
Credit standards for getting a loan are tight and likely won’t ease up in the new year, The Wall Street Journal reports. “Lenders are still scrutinizing property appraisals, reams...
FHA to Tighten Up Mortgage Standards in 2013
In an effort to make up for a large budget shortfall, the Federal Housing Administration announced it will publish new mortgage standards for certain home owners and replace a popular...
Home Owners Get Better on Mortgage Payments
More home owners are finding their mortgages more manageable as fewer home owners default on their mortgage, according to Standard & Poor’s and Experian credit data. This marks...
Demand for Mortgages Surged Last Week
The Mortgage Bankers Association reports that applications for home mortgages soared 11.1 percent for the week ending Sept. 7. Mortgage requests for home purchases, which is viewed as...
Why Are Mortgage Applications Falling?
Mortgage applications once again fell last week, despite low interest rates and building confidence in the housing market. Total applications dropped 2.5 percent for last week, the...
Actor Pleads Guilty to Mortgage Fraud
Actor Tommy “Tiny” Lister, who has appeared in about 100 movies and TV shows, has pleaded guilty to mortgage fraud in a scam that cost banks about $4 million in losses. Lister was...
Low Mortgage Rates Spark Serial Refinancing
Mortgage rates have been hovering at record lows, causing more home owners to lock-in the low rates by refinancing their mortgages again … and again. Nearly 2.2 million home...
Coldwell Banker
- Gold Medal Doesn’t Guarantee Win in Real Estate
- Low Mortgage Rates Spark Serial Refinancing
- Actor Pleads Guilty to Mortgage Fraud
- Top Real Estate Execs Weigh in on Housing Recovery
- Why Are Mortgage Applications Falling?
- Don’t Get Caught Flat-Footed on MID, REALTORS® Warned
- Mortgage Applications Fall 7.3%
- Big-Ticket Homes in Higher Demand
- Inventories, Asking Prices Get a Boost
- REALTORS®: On the Right Path, Ready for Action
