Mortgage News

Vacant Home Rate Down from 1.58 Percent in Q3 2017; 10,000 Vacant "Zombie" Foreclosures Down From More Than 44,000 in 2013 IRVINE, Calif., Oct. 30, 2018 /PRNewswire/ -- ATTOM Data Solutions, curator of the nation's premier property database, today released its 2018 Vacant Property and Zombie Foreclosure Report, which shows that nearly 1.5 million

WASHINGTON, Oct. 30, 2018 /PRNewswire/ -- Fannie Mae (OTC Bulletin Board: FNMA) today announced the winning bidder for its fourteenth Community Impact Pool of non-performing loans. The transaction is expected to close on December 18, 2018, and includes approximately 66 loans totaling $22.9 million in unpaid principal balance (UPB); the loans are geographically focused in the New York City area. The winning

MRC Provides Bridge Loan to Refinance Existing Debt on Property NEW YORK, Oct. 29, 2018 /PRNewswire/ -- Madison Realty Capital (MRC) has closed a $27.7 million first mortgage loan collateralized by a residential condominium unit located at 15 Central Park West in the Lincoln Square section of Manhattan.  MRC provided the bridge loan to refinance existing

SOFR Transaction Attracts Broad Investor Demand WASHINGTON, DC – Fannie Mae priced its second issuance of Secured Overnight Financing Rate (SOFR) securities, issuing $2 billion of 6-month, $1.5 billion of 12-month, and $1.5 billion of 18-month floating-rate corporate debt. Building on its first SOFR issuance in July 2018, Fannie Mae leads the market in

WASHINGTON, D.C. - Strong market conditions helped fuel a 6 percent increase in multifamily lending in 2017, as lenders provided a record high $285 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association's (MBA) annual report on the multifamily lending market. "The multifamily lending

WASHINGTON, Oct. 24, 2018 /PRNewswire/ -- More than 20,000 Realtors®, industry experts and guests will be in Bostonfrom November 2-5 at the 2018 REALTORS® Conference & Expo, themed "Ready, Set, Boston!" WHAT:           2018 REALTORS® Conference & Expo WHEN:           November 2-5, 2018 WHERE:        Boston Convention and Exhibition Center, Chicago REGISTER:   Contact Jane Dollinger, 202-383-1042 or jdollinger@realtors.org Onsite press registration opens Thursday, Nov. 1 at 8 a.m. in Boston

COLUMBUS, Ohio, Oct. 24, 2018 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced results for the three and nine months ended September 30, 2018. 2018 Third Quarter Highlights: New contracts increased 6% to a third quarter record 1,302 contracts Backlog sales value increased 25% to a third quarter record of $1.1 billion, and backlog units increased 20% to 2,846

CHICAGO, Oct. 24, 2018 /PRNewswire/ -- MortgageHippo, the leading borrower-centric digital lending platform, announced today its complete integration with Fannie Mae's Desktop Underwriter® (DU®) system. This integration will ensure an even smoother and more efficient mortgage process, saving lenders time and increasing efficiencies with respect to underwriting. Fannie Mae is a leader in the secondary mortgage

The award-winning residential real estate investment company continues to disrupt the residential real estate market with the success of its direct, results-driven business model CHANTILLY, Va., Oct. 23, 2018 /PRNewswire/ -- House Buyers of America (House Buyers) announces today that its settlements increased by 85% and revenues by 73% between the second and third quarters

NEW YORK, Oct. 18, 2018 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Financedivision  was the sole lead arranger of a $24 million senior secured loan for the acquisition of a multi-family property in San Pedro, California, by MWest Holdings, a private real estate investment and management firm. MWest Holdings acquired the San Pedro Bank

Annual rent growth has now slowed for eight consecutive months; rent appreciation peaked at 6.6 percent in July 2015 - The median rent is $1,440, 0.2 percent lower than it was in September 2017. - The median U.S. home is worth $220,100, up 7.6 percent from a year ago. - There were 1.9 percent

ALBERT LEA, Minn., Oct. 16, 2018 /PRNewswire/ -- AmeriNat, an industry-leading servicer of economic development and housing assistant loans for over 40 years with approximately 300 clients nationwide, announces that it has been selected by Dallas Neighborhood Homes (DNH), a Texas nonprofit corporation formed for the benefit of Dallas Area Habitat for Humanity (Dallas Habitat) to service

Company announces DocuSign Rooms for Mortgage is entering into beta ahead of release next year WASHINGTON, Oct. 15, 2018 /PRNewswire/ -- As part of its goal to make the home buying process digital from end to end, DocuSign today announced that its latest solution—DocuSign Rooms for Mortgage—will enter beta testing ahead of its general availability

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