Lenders pick up the pace in closing mortgages

The average time to close on a mortgage has decreased for a fourth consecutive month to 51 days, according to a new study from ICE Mortgage Technology. The study, ICE’s Origination Insight Report, also found April to be the second consecutive month of slowdown in share of refinances among total

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Ocwen to buy $48B MSR package from AmeriHome

If you have any mortgage servicing rights you’re looking to offload, you may want to give Ocwen Financial a call. A few weeks after striking a deal to buy $14 billion of mortgage servicing rights from Texas Capital Bank, a subsidiary of Ocwen has agreed to buy $48.3 billion of conventional MSR

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NYC, LA and SF residents are moving to these cities

Phoenix, Las Vegas, Sacramento, Austin and Atlanta were the most popular destinations for Redfin.com users looking to move to a different area last month, with many of the potential homebuyers coming from Los Angeles, San Francisco, and New York. The analysis, which found that nearly one-third of users looked to move to

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