Mortgage applications improve after Hurricane Sandy

Recent mortgage records show home loan applications jumped during the early part of November, and much of this development was due to the low levels recorded the previous week because of Hurricane Sandy.
Recent mortgage records show home loan applications jumped during the early part of November, and much of this development was due to the low levels recorded the previous week because of Hurricane Sandy. [More]


Freddie Mac expands mortgage holder protections

Due to the effects of Hurricane Sandy, Freddie Mac recently announced its plans to put all evictions and foreclosures for distressed properties on temporary hold in the area.
Due to the effects of Hurricane Sandy, Freddie Mac recently announced its plans to put all evictions and foreclosures for distressed properties on temporary hold in the area. [More]


Mortgage rates stay at low levels in early November

The housing market likely remained affordable for many people in the residential housing market, as residential mortgage rates stayed low during the week ending November 8.
The housing market likely remained affordable for many people in the residential housing market, as residential mortgage rates stayed low during the week ending November 8. [More]


Refinanced loans show improving returns

The vast majority of home loan refinances helped consumers keep their mortgage debt levels the same or aided their decline, according to mortgage data from Freddie Mac.
The vast majority of home loan refinances helped consumers keep their mortgage debt levels the same or aided their decline, according to mortgage data from Freddie Mac. [More]


Storm affects home loan application volumes

Hurricane Sandy significantly affected the mortgage application level during the week ending November 2, according to a report from the Mortgage Bankers Association.
Hurricane Sandy significantly affected the mortgage application level during the week ending November 2, according to a report from the Mortgage Bankers Association. [More]


Start of November sees mortgage rates change little

Higher home prices may have some potential buyers waiting to make the investment, but mortgage rates continue to offer high affordability.
Higher home prices may have some potential buyers waiting to make the investment, but mortgage rates continue to offer high affordability. [More]


Mortgage rates remain low to start November

The recent release of mortgage records showed home loan rates remained at low levels to end October and begin the month of November.
The recent release of mortgage records showed home loan rates remained at low levels to end October and begin the month of November. [More]


Government-created database to help monitor mortgage loans

A new partnership between the Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB) will work to create the National Mortgage Database that will include various loan information for industry members and regulators to utilize.
A new partnership between the Federal Housing Finance Agency (FHFA) and Consumer Financial Protection Bureau (CFPB) will work to create the National Mortgage Database that will include various loan information for industry members and regulators to utilize. [More]


Freddie Mac: mortgage insurers sign deal to streamline short sales process

A recent announcement from Freddie Mac revealed that delegation agreements were signed by nine home loan insurance companies, which will help mortgage servicers push through short sales and related items.
A recent announcement from Freddie Mac revealed that delegation agreements were signed by nine home loan insurance companies, which will help mortgage servicers push through short sales and related items. [More]


Mortgage applications decline in late October

Total applications for home loans dropped during the week ending October 26, according to mortgage records from the Mortgage Bankers Association.
Total applications for home loans dropped during the week ending October 26, according to mortgage records from the Mortgage Bankers Association. [More]