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By Staff Writer The HUD and the Census Bureau released their May New Home Sales Report, above prior estimates. Read ahead to see current projected inventory supply, as well as the median and average home prices… The post HUD: New Home Sales Above Estimates appeared first on theMReport.com. Via:: HUD: New Home Sales Above Estimates       

The former owner of a “We Buy Ugly Houses” franchise admitted in federal court recently that she mislead investors, misused investors’ money, forged investors’ signatures on deeds, and ran what amounted to a real estate ponzi scheme. Via:: Former “We Buy Ugly Houses” franchisee admits to running real estate ponzi scheme       

By Matthew Graham Posted To: MBS Commentary We’ve been watching the intraday trading ranges in bond markets to keep an eye on just how flat things have been in the wake of last Wednesday’s big trading day (due to econ data and the Fed). “Inside day” is a term that comes up when things are this flat. It refers to …

Senior home equity increased in the first quarter of 2017 to $6.3 trillion, an all new high since the National Reverse Mortgage Lenders Association began tracking the figure in 2000. Experts pointed out this will benefit seniors who want to modify their homes after becoming empty nesters. Via:: Senior home equity hits all-time high in Q1       

By Aly J. Yale According to the latest data, Freddie Mac’s total mortgage portfolio has increased once again. But while it certainly rose over last month, the portfolio’s growth is nothing compared to a few months prior. So what does that mean for the long-term health of the GSE? The post Freddie Portfolio On the Rise Again appeared first on …

By Aly J. Yale Freddie Mac’s total mortgage portfolio has increased once again, this time rising at an annualized rate of 1.8 percent for the month. That’s up from the 0.5 percent jump the portfolio experienced in April, but it pales in comparison to a few months prior. So just how well is the GSE doing? And what will the …

By Matthew Graham Posted To: Mortgage Rate Watch Weeks like this are the reason that some mortgage rate analysis is only done once a week. There haven’t been any significant developments in financial markets–at least not as far as bonds (which dictate rates) have been concerned. And there certainly hasn’t been any significant movement in mortgage rates themselves. In fact, …

One of the nation’s largest real estate companies is in line for a nearly $5 million payout after a jury found that a rival agency poached a dozen agents from the company. Earlier this week, a jury in New York Supreme Court, Westchester County, ruled in favor of Douglas Elliman Real Estate and ordered William Raveis Real Estate to pay …