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Home Buying Season in Full Swing -Ellie Mae

by devteam June 18th, 2015

Ellie Mae said on Thursday that its latest Origination Insight Report "Reflects a home buying season in full swing ." The May data shows purchase volume taking a 58 percent share of all mortgage originations, up from 52 percent in April. The report noted

TRID Implementation Delayed; MBA's Stevens Comments

by devteam June 18th, 2015

Implementation of the Know Before You Owe mortgage disclosure rule has been delayed until October 1 . The rule was originally supposed to be implemented on August 1 although the Consumer Financial Protection Bureau had recently announced that enforcement

Foreclosure Activity Hits 19 Month High

by devteam June 18th, 2015

Completed foreclosures - or what RealtyTrac classifies as REO - drove foreclosure activity in May to a 19 month high . The company's U.S. Foreclosure Market Report said that there was a foreclosure filing - default notices, scheduled auction, and REO

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