Freedom #mortgage finalizes acquisition of Chase's USDA origination business

After four months from when it was first announced, Freedom #mortgage announced it finalized the acquisition of Chase’ USDA origination business. We can now welcome Freedom Rural Housing into the space. http://www.housingwire.com/articles/37434-freedom-mortgage-finalizes-acquisition-of-chases-usda-origination-business ❤️ #share #mortgage

It’s Official: Caliber Home Loans closes First Priority Financial acquisition

A deal in the works since May now comes to a close. Caliber completed its acquisition of First Priority Financial and extended its footprint into the Western part of the U.S. http://www.housingwire.com/articles/37432-its-official-caliber-home-loans-acquires-first-priority-financial ❤️ #share #mortgage

Moody: TRID violations won’t impact private #mortgage bonds

Despite a high number of TRID violations, a report from Moody’s Investors Service claims these will only lightly impact residential #mortgage-backed securities. They lay out two reasons why. http://www.housingwire.com/articles/37431-moody-trid-violations-wont-affect-residential-mortgage-backed-securities ❤️ #share #mortgage

OCC: More people paying their #mortgages on time

The housing market seems to be improving as the percentage of homeowners who are current on their loans increased from last year. Consequentially, foreclosures are also down year-over year. http://www.housingwire.com/articles/37430-occ-more-people-paying-their-mortgages-on-time ❤️ #share #mortgage

I Bought a Condo When I Was Under 30 and Single

Sales at Highest Pace in 9 Years! [INFOGRAPHIC]

Some Highlights:

* Sales of existing homes reached the highest annual pace in over 9 years at 5.29 million.
* Inventory remains below the 6-month norm and prices are still on the rise.
* Interest rates are at a historic low of 3.48%. http://www.simplifyingthemarket.com/en/2016/07/01/sales-at-highest-pace-in-9-years-infographic/?a=242769-4eb2112ad1caac540e99a63dd199d5ed ❤️ #share #mortgage

Fitch: Brexit to bring another tough round of earnings

Remember this year’s rough first-quarter earnings season thanks to historically low interest rates? Well, according to a new report from Fitch, the market might experience it all over again. This time Brexit is to blame. It’s not bad for everyone though. Fitch pinpointed that this group will get hit the worst. http://www.housingwire.com/articles/37429-fitch-brexit-to-bring-another-tough-round-of-earnings ❤️ #share #mortgage