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They're back! First-time Buyers Help Drive Existing Sales to Six Year High

by devteam June 22nd, 2015

Maybe this time it is for real - the recovery of the housing market that is. Coming on top of excellent residential construction news last week the National Association of Realtors® (NAR) said today that sales of existing homes in May were at the

15% of Low End Homes Remain Underwater

by devteam June 20th, 2015

More than a quarter of a million homeowners emerged from underwater the first quarter of 2015, an increase of $694 billion in positive equity in homes during the quarter. CoreLogic said the total number of mortgaged residential properties with equity

FHA Introduces new Defect Taxonomy

by devteam June 19th, 2015

The Federal Housing Administration (FHA) has introduced its initial steps toward a new Single Family Loan Quality Assessment Methodology or what it is also calling a "defect taxonomy" for categorization of loan defects in loans it endorses. These steps

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