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Why purchase application data is below 2008 levels

Housing Wire

But I need to explain why this level has more in common with 2014 housing data than the credit stress markets of 2005-2008, and why you should care. With the massive housing inflation since 2020 and higher mortgage rates, we are back to familiar territory with existing home sales and purchase application data: we are back to 2014 levels.

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Reverse mortgage volume, securities issuance fall in February

Housing Wire

One would have to look to 2014 to find lower monthly volume,” New View stated in its commentary accompanying the February data. Looking back When asked to compare the low-issuance figures from 2014 with the current market, Kelly referred RMD to its blog post that detailed HMBS results for April 2014.

Mortgage 458
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U.S. Commercial Foreclosures Spike YoY  

Appraisal Buzz

The historical data on commercial foreclosure activity from January 2014 to September 2024 shows notable oscillations that were mostly influenced by the state of the economy and noteworthy occurrences such as the COVID-19 epidemic.

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CFPB settles decade-old foreclosure relief scam enforcement suit

Housing Wire

The bureau first filed its complaint against Consumer First Legal Group, The Mortgage Law Group LLP and the four attorneys on July 22, 2014, as part of “a coordinated effort against various foreclosure relief scam operations by the CFPB, Federal Trade Commission (FTC), and 15 states in 2014,” the bureau said.

Legal 448
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The secondary market comes to the rescue…again

Housing Wire

Ben Bernanke, the former chair of the Federal Reserve, the central bank of the United States, who served from 2006 to 2014, was tasked with responding to the massive impact of the crisis. Then, in October 2014, the Fed finally indicated an official end to its third quantitative easing program. That is, until March 2020.

Marketing 459
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Verisk acquires behavioral tech firm Jornaya

Housing Wire

In 2014, it sold its mortgage data firm Interthinx to First American in 2014 for $155 million. It also said a regional bank in the MidWest tracked $200,000 in revenue on recaptured loans directly attributed to Activate, and said it improved direct mail response rates for its clients. year-to-date.

Insurance 482
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CFPB’s appeal to Ocwen suit off to a rough start

Housing Wire

Court of Appeals for the Eleventh Circuit ruled that most of the watchdog’s complaints against Ocwen that occurred from January 2014 to Feb. 26, 2017, are prohibited because of a 2014 consent order. On Wednesday, the U.S. The CFPB did not immediately respond to a request for comment.

Law 397