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Existing Home Sales/Prices Slip Despite More First Time Buyers

by devteam September 22nd, 2015

Even as the market share of first-time buyers continued to inch up, overall sales of existing homes declined in August. The National Association of Realtors® (NAR) said today that total existing home sales fell 4.8 percent to a to a seasonally adjusted

Foreclosure Starts Seek New Floor

by devteam September 18th, 2015

Foreclosure activity in the U.S. declined on a year-over-year basis for the first time in six months. RealtyTrac said today that there were a total of 109,561 foreclosure filings (default notices, scheduled auctions and bank repossessions or completed

Freddie Mac Out With Another Round of Guideline Updates

by devteam September 17th, 2015

Freddie Mae has unveiled another round of changes to its Single-Family Seller/Servicer Guide. There are more than a half dozen changes effecting mortgages for refinancing, condominiums and relocation . Effective dates refer to mortgages that settle on

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