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A First Look at July Performance Data

by devteam August 21st, 2015

Black Knight Financial Services released its "First Look" at its July loan level performance data which continues to show a decline in most measures of mortgage distress . Delinquencies, foreclosure starts, and the foreclosure inventory all declined for

Another Post-Crisis Peak for Existing Home Sales

by devteam August 20th, 2015

While first-time buyers fell back, existing home sales scored their third consecutive monthly gain in July. The National Association of Realtors® (NAR) reports that completed sales of pre-owned single-family homes, townhomes, condominiums, and coops

Ellie Mae says Loan Closing Rate Highest in Four Years

by devteam August 20th, 2015

Ellie Mae said this week that the closing rate for purchase mortgages reached 70.7 percent in July up from 69.0 in June. This is the highest rate since the company started tracking this data in August 2011 and is calculated based on a sampling of loan

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