Mon, Apr 16 2007, 7:00 AM
The Senate Banking Committee and one of its subcommittees dealt this
week, however superficially, with two issues that should be of
interest to a l...
Fri, Apr 13 2007, 7:00 AM
A coalition of housing activists and civil rights groups has called
for a six month moratorium on
foreclosures to provide time for financially t...
Thu, Apr 12 2007, 7:00 AM
Will the economy return the favor?
Spring usually provides the strongest home selling period of the year
and with interest rates still relatively ...
Wed, Apr 11 2007, 7:00 AM
In a statement accompanying the release of Freddie Mac's Primary
Mortgage Market Survey for the week ended April 5, Frank Nothaft, Freddie
Mac vice ...
Tue, Apr 10 2007, 7:00 AM
David Lereah, the chief economist for the National Association
of Realtors (NAR) has weighed in on the bankruptcies,
foreclosures, and predicted A...
Mon, Apr 9 2007, 7:00 AM
April is Fair Housing Month and the Department of Housing and Urban
Development (HUD) just released its Annual Report on Fair
Housing .
The 2006...
Thu, Apr 5 2007, 7:00 AM
True story. In 2004 a woman bought a small vacant lot, one of the last
remaining, in a 1960's development of 400 homes. No one seemed to notice
the ...
Wed, Apr 4 2007, 7:00 AM
In its report of the results of its Primary Mortgage Market Survey for
last week, Freddie Mac took some credit for the stability in
mortgage rates ...
Tue, Apr 3 2007, 7:00 AM
As a subplot to the entire mortgage drama, two feuds
recently emerged or more accurately re-emerged among some major mortgage
players.
...The N...
Mon, Apr 2 2007, 7:00 AM
The subprime mortgage industry may be going through
hard times but the paper industry and those who invest in broadband
capacity are probably laug...
Fri, Mar 30 2007, 7:00 AM
It seemed time to check on Zillow again and, while we
were at it, to take a look at a couple of relative newcomers to the home
values genre of web...
Thu, Mar 29 2007, 7:00 AM
Wed, Mar 28 2007, 7:00 AM
Frank Nothaft, Freddie Mac vice president and chief economist
indicated that the market was in a holding pattern. " Mortgage
rates were stable this...
Tue, Mar 27 2007, 7:00 AM
Reports on the sales of both new and existing homes
were released on Friday, March 23 and Monday, March 26 and they pointed in
distinctly opposite d...
Mon, Mar 26 2007, 7:00 AM
In the midst of the upheavals surrounding the
subprime
market a new study has eme...
Thu, Mar 22 2007, 7:00 AM
Mortgage rates were essentially unchanged during the
week ended March 15 according to Freddie Mac's Primary Mortgage Market
Survey.
The only rea...
Wed, Mar 21 2007, 7:00 AM
Mon, Mar 19 2007, 7:00 AM
The Mortgage Bankers Association (MBA) quarterly delinquency
report is jammed full of information reported from dozens of
different perspectives - a...
Thu, Mar 15 2007, 7:00 AM
Lots of chickens came home to roost on Tuesday but they didn't exactly
fly in unannounced.
First the news about the subprime mortgage market got
...
Wed, Mar 14 2007, 7:00 AM
Mortgage rates tracked by Freddie Mac in its Primary
Mortgage Market Survey for the previous week mostly established new 2007
lows.
Mortgage activ...
Tue, Mar 13 2007, 7:00 AM
Freddie Mac seems to be seeking a little cover in its March 2007
Economic Outlook released late last week. These monthly forecasts
always have a the...
Mon, Mar 12 2007, 7:00 AM
Freddie Mac and Fannie Mae may have
recently come to appreciate the old saw "be careful what you wish for."
A year or so ago Federal Reserve Cha...
Thu, Mar 8 2007, 8:00 AM
Recently we reported on a new nationwide system for licensing and
regulating mortgage lenders on the state level.
The system will include an Inte...
Wed, Mar 7 2007, 8:00 AM
Mortgage interest rates slipped for the second week in a row last
week, with some rates reaching 2007 lows. The Mortgage Bankers
Association's (MB...
Tue, Mar 6 2007, 8:00 AM
It would probably be safe to bet that six months ago 90 percent of
Americans had never heard of a subprime loan . It would
be equally safe to wager...
Fri, Mar 2 2007, 8:00 AM
Reports on January sales of both new and existing houses were released
this week. Conclusions were, to say the least, mixed.
The National Associat...
Thu, Mar 1 2007, 8:00 AM
In October a covey of federal agencies including the Federal Reserve,
The Federal Deposit Insurance Corporation, and the National Credit Union
Admin...
Wed, Feb 28 2007, 8:00 AM
Concern over the slowing housing market may be impacting
mortgage rates according to Frank Nothaft, Freddie Mac vice
president and chief economist...
Tue, Feb 27 2007, 8:00 AM
In the wake of a tough couple of weeks that have rattled the sub-prime
lending industry, Freddie Mac announced on Tuesday that it was
cracking down...
Mon, Feb 26 2007, 8:00 AM
Two bits of news reported last week are worth a mention.
Fannie Mae announced on Tuesday that it would not be
paying over $44.4 million in bonuse...
Fri, Feb 23 2007, 8:00 AM
The mortgage industry and those who regulate it appear well on their
way to dramatically changing the mortgage
licensing system .
On Tuesday t...
Wed, Feb 21 2007, 8:00 AM
After a single week of declining rates, mortgage interest
rates returned to the pattern of small incremental increases that
has prevailed since mid-...
Tue, Feb 20 2007, 8:00 AM
Fri, Feb 16 2007, 8:00 AM
The National Association of Home Builders (NAHB) took a stab at
envisioning the home of the future at its recently
concluded annual convention in ...
Wed, Feb 14 2007, 8:00 AM
Mortgage rates ratcheted down last week according to
the results of Freddie Mac's Primary Mortgage Market Survey. Rates have
generally been on an upw...
Tue, Feb 13 2007, 8:00 AM
The National Association of Home Builders (NAHB) just adjourned its
annual International Builders Show in Orlando, Florida and
the press releases ha...
Mon, Feb 12 2007, 8:00 AM
There were lots of little nuggets of information in the February
Economic Outlook issued by Freddie Mac on February 8.
It addition to the usual for...
Fri, Feb 9 2007, 8:00 AM
Americans are continuing to treat their homes as cash cows according to
a report released this week by Freddie Mac.
Frank Nothaft, Freddie Mac vice...
Wed, Feb 7 2007, 8:00 AM
Mortgage rates assumed a split personality again this
past week with Freddie Mac showing moderate increases and the Mortgage
Bankers Association repo...
Tue, Feb 6 2007, 8:00 AM
Homeowners might not have realized it, but the news last Thursday and
Friday carried a double whammy that may be more worrisome
than the housing bub...
Mon, Feb 5 2007, 8:00 AM
The Mortgage Bankers Association (MBA) recently made a preemptive strike
against what it obviously perceives as the next threat against the mortgage
i...
Thu, Feb 1 2007, 8:00 AM
Freddie Mac's Primary Mortgage Market Survey for the
week ended January 25 indicated that the 30-year fixed-rate mortgage
averaged 6.25 percent co...
Tue, Jan 30 2007, 8:00 AM
Escalating home prices have pushed homeownership
toward un-affordability in many parts of the country. Homelessness is an
ever increasing problem ...
Mon, Jan 29 2007, 8:00 AM
In December we published an article about a provision in the Tax
Relief and Health Care Act of 2006 which was passed in the waning days of
the 109th...
Fri, Jan 26 2007, 8:00 AM
First read the press release issued on Tuesday by the National
Association of Realtors regarding data on the sale of existing
homes in December an...
Wed, Jan 24 2007, 8:00 AM
Longer term mortgage rates were up again, albeit only
slightly, during the week ending January 18 according to Freddie Mac's
Primary Mortgage Mark...
Tue, Jan 23 2007, 8:00 AM
Well honestly, there are no truths, only opinions. And there are few
real estate issues where opinions are more numerous and more nuanced than
the ...
