MND NewsWire : Housing and Economic News

Place your ad here

Email Alerts

Receive an Email Alert each time a story is posted to MND NewsWire.

- Subscribe to Email Alerts

RSS

- Posts | Comments

- View All RSS Feeds

Newsletters

- Subscribe to Newsletter

- Subscribe to Mortgage Rates Update

Latest Headlines

From MND NewsWire

Consumer Mortgage Choice Act Under Fire From CRL

Home Sales Would Rise 15-20 Percent With 720 FICO - NAR

Kickback Accusations Resolved by CFPB Consent Filing

Senator on a Mission to Change the Way Short Sales Affect Credit...

CFPB Reminds Lenders of Changes to Mandatory Arbitration Provisions...

View All

Other Top Headlines

MBS RECAP: Reminded of Volatility via Friday Cliff-Diving

Mortgage Rates Jump Back To Recent Highs, More Volatility Ahead

Ginnie I, II, or...III: Combining the Programs and the Advantages...

MBS MID-DAY: Third Time is NOT the Charm for Bond Markets

The Day Ahead: Winding Down and Range Finding; 2 Cool Charts

Latest Video

Senator Demands Change on Short Sale Credit Score Effects; Rates Snap Back To Recent Highs; Market Volatility Ahead of the Fed

Published: 5/17/2013

VIEW | SUBSCRIBE | ARCHIVE

Comments

Kelcey Morange
Answers: 100
MisterVA
Answers: 94
Antonio Cibella
Answers: 81

Scenarios
Search

Channel Options ↓ More

MND NewsWire Headlines

RSS

EMAIL ALERTS

News » MND NewsWire

Home » News Headlines » MND NewsWire Home

About this Channel

MND NewsWire features plain and simple interpretations of industry related data and events written in a manner that maintains the interest of random readers while still catering to the perspective of a housing market professional.

Sort by: Most Recent | Most Viewed | Most Commented

Consumer Mortgage Choice Act Under Fire From CRL

Comments (1)

Read More

by Jann Swanson on May 17 2013, 4:56 PM

The Center for Responsible Lending (CRL) has released a brief issues paper voicing objections to HR 1077 , The Consumer Mortgage Choice Act. The bill currently sits in the House Financial Services Committee of which its sponsor Representative Bill Huizenga...
Home Sales Would Rise 15-20 Percent With 720 FICO - NAR

Comments (5)

Read More

by Jann Swanson on May 16 2013, 4:23 PM

Lawrence Yun, chief economist for the National Association of Realtors® (NAR) said Thursday it might be time to " dial down the credit stringency ." If the credit scores required for a mortgage returned to the more normal levels of about 720 for conventional...
Kickback Accusations Resolved by CFPB Consent Filing

Comments (0)

Read More

by Jann Swanson on May 17 2013, 2:26 PM

A Texas homebuilder will surrender more than $100,000 to the Consumer Finance Protection Agency under a consent order filed on Friday. Paul Taylor, a principal of Paul Taylor Homes Unlimited and Paul Taylor Corporation was accused of receiving kickbacks...
Senator on a Mission to Change the Way Short Sales Affect Credit Reporting

Comments (3)

Read More

by Jann Swanson on May 17 2013, 1:43 PM

Senator Bill Nelson (D-FL has asked for an investigation and possible "crackdown" on the manner in which short sales are impacting consumer credit files . Nelson said that short sales are now often reported to the credit agencies using the same code that...
CFPB Reminds Lenders of Changes to Mandatory Arbitration Provisions

Comments (0)

Read More

by Jann Swanson on May 17 2013, 11:07 AM

The Consumer Finance Protection Agency (CFPB) reminded lenders today that new Truth in Lending Act (TILA) rules banning mandatory arbitration provisions go into effect on June 1, 2013 so all documentation for new loans should be ready to go on that date...
Housing Bubble Unlikely, Home Price Appreciation Should Slow - CoreLogic

Comments (1)

Read More

by Jann Swanson on May 16 2013, 11:10 AM

CoreLogic said today that home prices are projected to increase 3.9 percent on an annualized basis between the fourth quarter of 2012 and the same quarter in 2017. However, a new housing bubble is not likely as market dynamics shift for both supply and...
Housing Starts Fall 16.5 percent, Permits up

Comments (0)

Read More

by Jann Swanson on May 16 2013, 9:51 AM

The U.S. Census Bureau and the Department of Housing and Urban Development said today that new housing starts were down in April by 16.5 percent compared to March. Construction began on privately owned residential units at a seasonally adjusted annual...
California Home Prices Soaring on Falling Supply, Pent-up Demand

Comments (0)

Read More

by Jann Swanson on May 16 2013, 7:58 AM

The median price of homes in California topped $400,000 in April for the first time in five years. The California Association of Realtors® (C.A.R.) said the increases are fueled by high demand and tight inventories of available homes. Completed existing...
Builders Look to Fill Supply Void Left by Declining Foreclosures

Comments (0)

Read More

by Jann Swanson on May 15 2013, 5:29 PM

RealtyTrac has undertaken a new type of analysis, comparing building permit data from the Department of Housing and Urban Development (HUD) with foreclosure starts for the same time period at the national, state, and city level. It appears that the company...
Foreclosure Prevention Outnumbered Foreclosures 2 to 1 in First Quarter

Comments (0)

Read More

by Jann Swanson on May 15 2013, 2:47 PM

Nearly a quarter million homeowners received mortgage loan modifications through HOPE NOW during the first quarter of 2013. The voluntary private sector alliance of mortgage servicers, investors, mortgage insurers, and non-profit counselors operating...
Credit Unions Plan on Scaling Back non-QM Mortgages

Comments (1)

Read More

by Jann Swanson on May 15 2013, 12:14 PM

Nearly half of members responding to a National Association of Federal Credit Unions survey say they are already planning to drop loans from their product line that do not meet Qualified Mortgage (QM) guidelines. Members were asked about a range of impacts...
After 5-Year Pause FHFA Issues Executive Compensation Rule

Comments (0)

Read More

by Jann Swanson on May 14 2013, 12:08 PM

The Federal Housing Finance Agency ( FHFA ) published an interim final rule in the Federal Register on Tuesday which may mean that the long drawn-out saga over compensation for executives of the Federal Home Loan Banks (FHLBanks) and Freddie Mac and Fannie...
CFPB Releases Video Series to Better Explain Mortgage Rules

Comments (0)

Read More

by Matthew Graham on May 15 2013, 3:07 PM

Under Dodd-Frank, the Consumer Finance Protection Bureau ( CFPB ) was required to issue several mortgage rules , ostensibly intended to 'protect consumers.' While the extent to which these rules actually accomplish 'protection' is open to debate, there...
Realtors Briefed on Short Sale and Foreclosure Valuation Improvements

Comments (0)

Read More

by Jann Swanson on May 15 2013, 11:50 AM

Several speakers representing lenders, servicers, and appraisers spoke to Realtors attending their Midyear Legislative Meetings in Washington on Wednesday about some of the issues that have arisen around short sales and property valuation . Tim McCallum...
Purchase Applications Hit 10 Month High

Comments (0)

Read More

by Jann Swanson on May 15 2013, 10:51 AM

The percentage of loans originated for purchasing homes increased again in April , the third consecutive month they have done so. According Ellie Mae's Origination Insight Report for April, those loans made up 42 percent of the total originations during...

1 2 3 4 5 Next > ... Last »

More From MND