During the fourth quarter of 2012, newcomer PennyMac cracked the top 10 mortgage lender list, according to stats compiled by MortgageStats. The Calabasas, California-based startup… Read More »PennyMac Cracks List of Top 10 Mortgage Lenders
(Please click here for the large, legible version) As an ode to the NCAA tournament, or “March Madness” as it’s commonly known, I woke up… Read More »Mortgage Madness 2013
For months, I’ve been banging on about the lack of a refinance program for private-label mortgages, those not backed by Fannie Mae and Freddie Mac.… Read More »Nearly Half of All Underwater Private-Label Mortgages Modified
Do you live in a “green” house? If so, you might be a better mortgage borrower, whether you realize it or not. A new study… Read More »Study Claims Mortgage Default Risk Lower on Energy Efficient Homes
A huge panel of economists from banks, universities, and investment and research firms weighed in on the direction of U.S. home prices over the next… Read More »Home Prices Expected to Rise 22% Through 2017
Whether you like it or not, the buyer’s market of the past couple years or so has come to an abrupt end. Now, sellers have… Read More »Preparing Yourself for the Sellers Market
There have long been stirrings of a potential Fannie Mae and Freddie Mac merger, or the outright dissolution of the under-fire companies ever since they… Read More »Beginning of the End for Fannie and Freddie?
In case you weren’t aware, Freddie Mac, along with sister Fannie Mae, acquired a ton of real estate as a result of the ongoing mortgage… Read More »HomeSteps Review: Freddie Mac Homes for Sale
Over the next few months, the FHA will make a number of substantial revisions to its annual mortgage insurance premium structure. This is in addition… Read More »Detailing the FHA’s New Annual Mortgage Insurance Premium Structure
While the good news about housing keeps flooding in, one piece of negative data jumped out at me today. The latest Zillow Negative Equity Report… Read More »Nearly 20% of Vegas Borrowers Owe More Than Double Their Home’s Worth
