Home sales under $1 million up as spring market kicks off strong

Home sales under $1 million up as spring market kicks off strong

283 Buttery Road is on the market for $899,000. The 1958 center-hall colonial is described as well-maintained with a fresh coat of paint and a level
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Morning Briefing: Mortgage credit quality hits 16 year high

Mortgages originated in the fourth quarter of 2016 remained low credit risk, similar to the previous quarter and being the best quality since 2001.
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Groups renew pitch for GSE buffers

In a letter to the Federal Housing Finance Agency (FHFA) this week, the Community Mortgage Lenders of American (CMLA) and Community Home
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Should You Buy Shares of Fannie Mae and Freddie Mac?

He settled on what seemed a sure bet: Fannie Mae (fnma) and Freddie Mac (fmcc), the mortgage giants that guarantee and securitize home loans for
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Housing Party Just Might Be Spoiled by Soaring Rates

Interestingly, home prices declined. Inventory remains near historic lows and you would expect the strong demand to have pushed up costs. The price
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Expert: Michigan housing market will sizzle in 2017

That pretty much sums up the 2017 housing market in southeast Michigan, according to a real estate forecast breakfast held Thursday in Birmingham.
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CFPB amends Equal Credit Opportunity Act

The Consumer Financial Protection Bureau announced it is reassessing the Equal Credit Opportunity Act in order to provide lenders with additional
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Home sales up much higher in local area than state

According to the Market Monitor provided by the Realtors Association of Southern Kentucky (RASK), 171 homes were sold in January with an average
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Real Estate Today: State of the real estate market

The Jamaica Plain real estate market continues to boom with prices soaring and inventory at a shocking low. According to Josh Muncey, real estate
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Property price SURGE in Brexit areas that voted overwhelmingly to leave EU

Comparing changes in property values with the results of the referendum reveals the unexpected pattern, and suggests there is a clear 'Brexit effect',
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First American: Fraud and misrepresentation grew in February

February saw an increase in fraud activity and defects in mortgage loan applications, according to the First American Loan Application Defect Index
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Value of housing market hits 10-year high

Home prices for existing single-family homes came screeching to a halt in January, the Federal Housing Finance Agency's report showed. And a new
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LI mortgage banker sentenced in $30M fraud scheme

A Long Island mortgage banker was sentenced Friday in federal court in Central Islip to 150 months in prison in a bank fraud scheme, authorities said.
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House price growth slows as market takes a breather

Mortgage lending slowed down in February in the latest sign that the housing market is settling into a period of modest price rises rather than a boom
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I won the Toronto real estate lottery, but I'm not celebrating

Real estate agents keep sticking cards in our mailbox saying something along the … It showed how Toronto house prices had risen over the decades.
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Mortgage Rates Friday, March 24: Holding March Lows; Expanding Access for Borrowers Without …

Mortgage rates today for 30- and 15-year fixed loans ticked higher, while 5/1 ARMs slipped a notch, according to a NerdWallet survey of current
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Copiague man sentenced to more than 12 years in mortgage scam

Aaron Wider, right, is escorted by a federal agent as he is taken into custody in Melville on May 6, 2014. Wider, 51, the former head of mortgage bank
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RateSetter provides update on wholesale lending

The peer-to-peer lender stopped taking on new wholesale partners last December, after it emerged that the City watchdog had concerns about the
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Second Phase Of GSEs' Single Security Initiative Delayed

The second phase of the initiative to get government-sponsored enterprises (GSE) Fannie Mae and Freddie Mac onto the Common Securitization
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Mortgage applications drop

Mortgage applications dwindled by 2.7% last week on a seasonally adjusted basis from the previous week, according to the Mortgage Bankers
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