Households with college students are twice as likely to experience foreclosure

New research by Jacob Faber and Peter Rich shows a correlation between rising college attendance rates and home foreclosures.

More than 10% of US properties still ‘seriously underwater’ in Q2

More than 10 percent of U.S. properties were still seriously underwater in the second quarter of 2018, according to a new study from ATTOM Data Solutions.

The guide to finding the best brokerage for you

Strengths, weaknesses, culture and more from some of the industry’s best-known and most innovative brokerages, straight from Jeff Lobb, CEO of Sparktank Media.

How to help your first-time homebuyers be mortgage literate

For many first-time homebuyers, mortgages may seem overly complicated or daunting. What can you do, as their real estate agent, to help bridge the gaps? Find out here.

The essential guide to second homes and vacation homes

At one time or another, most people have dreamt of owning a place where they can get away from it all, whether it be a cabin overlooking a scenic mountain range, a quaint cottage near the lakeside or a breezy bungalow a few steps from the beach. What d…

Wells Fargo blames 400 improper foreclosures on computer glitch

Wells Fargo improperly foreclosed on approximately 400 homes where the homeowner should have been eligible for a loan modification, according to the company’s SEC filings on Friday. The company blamed the error on a computer glitch that occurred with an underwriting tool.

Xome buys Mortgage Solutions from Assurant for $35M

The deal will give the Lewisville, Texas-based Xome control of all of Assurant’s Mortgage Solutions products and services geared toward lenders, mortgage brokers, investors, and property managers…

Xome buys Mortgage Solutions from Assurant for $35M

The deal will give the Lewisville, Texas-based Xome control of all of Assurant’s Mortgage Solutions products and services geared toward lenders, mortgage brokers, investors and property managers.

Mortgage rates leap to fourth highest level of the year

Mortgages rates rose for the second consecutive week, according to the latest Primary Mortgage Market Survey from Freddie Mac. 

Wells Fargo to pay $2.09B in subprime mortgage settlement

Banking giant Wells Fargo agreed Wednesday to pay $2.09 billion in fines for originating subprime mortgages that it knew contained misstate income information in the run-up to the financial crisis.