TheMReport

September 2012

TheMReport — News and strategies for the evolving mortgage marketplace.

Issue link: http://digital.themreport.com/i/81279

Contents of this Issue

Navigation

Page 18 of 83

SOCIAL LIFE Built to Fit Your Mortgage Lending Needs Viral Videos The Five Star Institute's YouTube channel is putting MReport's daily webcasts in the digital spotlight; find out which must- watch videos soared on our social media pages. Home Pricing Gets Interesting HOT TOPIC: Anchor Carrie Bay discussed the highlights from Case-Shiller's recent home pricing report, revealing the group's 20- city index had recorded its most significant month-over-month gain since the survey was established more than 12 years ago. THE BUZZ: Viewers were vocal about statistics showing that Chicago and Atlanta had posted pricing increases that represented an all-time high in Case-Shiller history. Buyers From Abroad Bail Out HOT TOPIC: Featuring new data on foreign interest in U.S. housing, the webcast also focused on positive news for homeownership rates in the second quarter, with levels rising to 65.5 percent during the period. THE BUZZ: Our followers pro- vided strong feedback on findings that indicated a slump in incoming foreign capital for the country's most distressed regions. Rates Drop, Refis Pop HOT TOPIC: Delivering insight into the nation's refinancing boom, Bay reported that ap- plications for mortgage refis had reached a three-year high, and she also provided a look at headline-making drops in early summer home sales. THE BUZZ: Fans spoke out on the five-month low seen in home sales during June, which fell to a seasonally adjusted annual rate of 350,000, according to the Census Bureau and the Department of Housing and Urban Development. Five Banks Say Goodbye HOT TOPIC: The webcast's commentary targeted the lat- est litigation developments for Countrywide, as well as bank closures around the country, and Bay focused on the fall of financial institutions in Florida, Georgia, Illinois, and Kansas, which cost the Federal Deposit Insurance Fund an estimated $151.3 million. THE BUZZ: News that Walnut Place had dropped its $1 billion lawsuit against Countrywide stirred up statements from our followers. Housing Recovery on Solid Ground HOT TOPIC: A study by Barclays' housing analysts that displayed confidence in the recovery of the nation's housing market headlined the webcast, while Countrywide's $375 million settlement with Syncora also featured prominently. THE BUZZ: Industry insiders championed Barclays' recent sur- vey, which predicted an average of 760,000 housing starts for the third quarter of 2012. All-Inclusive Mortgage Lending Solutions • Web Production Portals • Web Origination • Embedded Closing Document Production • Imaging & Electronic Document Management (EDM) • E-Delivery to Investors • Secondary Marketing • Product & Pricing Eligibility Integration • Over 70 Interfaces in 16 Categories • Award Winning Support and Service Contact us today to learn more about how Mortgage Builder fits your needs. 800.850.8060 www.mortgagebuilder.com THE M REPORT | 17

Articles in this issue

Links on this page

Archives of this issue

view archives of TheMReport - September 2012