Tue, Oct 30 2012, 3:14 PM
Homeowners with Freddie Mac mortgages
will get some help if their homes were damaged or destroyed by Monday's massive
storm. The company announce...
Fri, Oct 26 2012, 11:44 AM
Home prices rose
0.2 percent in August compared to July on the Home Price Index (HPI) produced
by Lender Processing Services (LPS). The
LPS HPI i...
Fri, Oct 26 2012, 2:39 PM
Three different scenarios for predicting the level of
additional financial support the two government sponsored enterprises (GSEs)
Freddie Mac and F...
Thu, Oct 25 2012, 11:38 AM
The National Association of Home
Builders' (NAHB) Remodeling Market Index (RMI) for the third quarter hit 50 for
the first time since the same per...
Thu, Oct 25 2012, 10:30 AM
Sixty-two percent of major metropolitan
areas saw an improvement in foreclosure activity during the third quarter of
2012 with 141 of the nation's ...
Thu, Oct 25 2012, 10:21 AM
Pending home sales were flat in
September, inching up 0.3 percent on the Pending Home Sales Index (PHSI)
maintained by the National Association of ...
Thu, Oct 25 2012, 4:36 PM
Current housing recovery chatter centers around two main themes...
Wed, Oct 24 2012, 11:52 AM
Sales of new single-family houses were
up 5.7 percent in September to a seasonally adjusted annual rate of 389,000
units, but in announcing the inc...
Wed, Oct 24 2012, 10:23 AM
The Mortgage Bankers Association (MBA)
said this morning that mortgage application activity dropped sharply during the
week ended October 19. The...
Wed, Oct 24 2012, 9:12 AM
Home prices have increased 4.7 percent
over the past 12 months according to information released late Tuesday by the
Federal Housing Finance Agency...
Wed, Oct 24 2012, 3:09 PM
Bank of America (BOA) was sued in
Federal Court today for civil mortgage fraud in a complaint seeking civil
penalties as well as treble damages a...
Wed, Oct 24 2012, 1:43 PM
The
enormous numbers of foreclosures over the last six years have, of course, had
immediate impacts on the families who lose their homes. The ef...
Tue, Oct 23 2012, 5:26 PM
The Mortgage Bankers Association's ( MBA )
chief economist echoed much of what Freddie Mac's economists said this afternoon
as he hiked MBAs esti...
Tue, Oct 23 2012, 4:36 PM
Freddie Mac is revisiting its economic projections
for the remainder of 2012 and 2013 due to the announcement by the Federal
Reserve of its Maturi...
Tue, Oct 23 2012, 1:52 PM
The
recent crisis in housing with its attendant foreclosure issues has underscored
how different the laws relating to consumer protection, foreclo...
Mon, Oct 22 2012, 8:42 PM
As it does each month, lender Processing Services (LPS) has
released preliminary data from its forthcoming Mortgage Monitor report. The early dat...
Mon, Oct 22 2012, 3:38 PM
RealtyTrac, the Irvine California
company that tracks foreclosure filings, just issued a pre-election "exclusive
report on the health of local housi...
Mon, Oct 22 2012, 1:35 PM
The Mortgage Bankers Association ( MBA )
called on policymakers in Washington today to create a new position to
coordinate housing policy ; what MB...
Fri, Oct 19 2012, 11:27 AM
Existing home sales declined slightly in September,
but the national median home price rose as inventories tightened. The National Association of R...
Fri, Oct 19 2012, 10:49 AM
Lenders have made some improvement in
the eyes of California real estate agents in their handling of short sales , but
the process remains problem...
Thu, Oct 18 2012, 10:29 AM
The Harvard Joint Center for Housing
Studies is predicting strong gains in remodeling and home improvement activity
over the rest of 2012 and the ...
Thu, Oct 18 2012, 3:34 PM
The Mortgage Bankers Association ( MBA )
has sent a letter to the Federal Reserve, Office of the Comptroller of the
Currency and the Federal Depos...
Thu, Oct 18 2012, 3:17 PM
Six
years ago the Center for Housing Policy (CHP) and the Center for Neighborhood
Technology (CNT) published a study, A
Heavy Load: The Combined...
Wed, Oct 17 2012, 12:41 PM
Permits
for new single family houses jumped 11.6 percent in September. The seasonally adjusted annual rate rose from
a revised August estimate of ...
Wed, Oct 17 2012, 12:03 PM
The
Mortgage Bankers Association has sent a letter and supporting materials to the
Consumer Financial Protection Bureau providing its opinion on t...
Wed, Oct 17 2012, 10:27 AM
In
2011 the two government sponsored enterprises (GSEs) pursued deficiencies
following foreclosures in the amount of $2.1 billion but collected o...
Wed, Oct 17 2012, 8:48 AM
The Mortgage Bankers Association's (MBA)
Weekly Mortgage Applications Survey showed a slight increase in applications
for home purchases during th...
Wed, Oct 17 2012, 2:37 PM
While
the time to close a loan increased again in September, lenders are closing a
significantly higher portion of loans than they have in earlier m...
Tue, Oct 16 2012, 12:34 PM
The National Association of Home Builder's
(NAHB)/Wells Faro Housing Market Index (HMI) again edged closer to positive
territory this month, incre...
Tue, Oct 16 2012, 9:12 AM
A late-breaking WSJ story tonight covered a potential compromise on a government proposal to legislate loan approval guidelines, and it requires some ...
Tue, Oct 16 2012, 4:51 PM
Refinancing
through Freddie Mae and Fannie Mae jumped sharply in August as homeowners continued
to take advantage of record low rates. The
two gov...
Mon, Oct 15 2012, 5:10 PM
For the last few months the National
Association of Realtors® (NAR) has been making some general statements that tight
inventories of existing home...
Mon, Oct 15 2012, 1:49 PM
HOPE NOW , the voluntary, private
sector alliance of mortgage servicers, investors, mortgage insurers and
non-profit counselors, reported that its p...
Fri, Oct 12 2012, 11:33 AM
Two of the nation's largest banks
published third quarter earnings today and both credited their respective
mortgage businesses for part of their su...
Fri, Oct 12 2012, 10:48 AM
(This is
the first in what will be a series of articles
featuring mortgage companies and individual professionals who are giving back
to their comm...
Thu, Oct 11 2012, 11:20 AM
The Financial Crimes Enforcement Network
(FinCEN) has issued its Mortgage Fraud Update for the second quarter of 2012. The update is based on mort...
Thu, Oct 11 2012, 10:03 AM
Foreclosure
activity nationwide fell to the lowest level in September since almost the
beginning of the foreclosure crisis according to RealtyT...
Wed, Oct 10 2012, 12:48 PM
A "sizable share of
real estate appraisals are holding back home sales" the National Association of
Realtors® (NAR) said Wednesday as it released re...
Wed, Oct 10 2012, 10:36 AM
The Department of Justice (DOJ) brought two
separate groups of actions on Tuesday charging criminal and civil mortgage
fraud. In the first , 28...
Wed, Oct 10 2012, 9:20 AM
Mortgage application activity eased slightly
last week after reaching recent record high levels during the week ended
September 29. The Mortgage B...
Wed, Oct 10 2012, 5:00 PM
The Summary of Commentary on Current Economic Conditions by Federal Reserve District or the so-called Beige Book was released on Wednesday. The doc...
Wed, Oct 10 2012, 3:57 PM
The
Mortgage Bankers Association ( MBA ) has submitted comments to the Consumer
Financial Protection Bureau ( CFPB ) regarding the CFPBs August 10...
Tue, Oct 9 2012, 11:36 AM
Americans responding to the Fannie Mae's
September edition of its National Housing Survey displayed greater optimism
about the housing market , h...
Tue, Oct 9 2012, 10:36 AM
The nation's
shadow inventory dropped to 2.3 million housing units in July, down 10.2
percent from where it stood one year earlier. According to...
Tue, Oct 9 2012, 4:42 PM
The Federal
Housing Finance Agency ( FHFA ) has released its Strategic Plan for the years
2013-2017 . The Plan builds on the one
presented by FHF...
Fri, Oct 5 2012, 4:52 PM
The Departments
of Treasury and Housing and Urban Development released the August version of their
monthly Housing Scorecard this afternoon. The S...
Fri, Oct 5 2012, 3:11 PM
Bill Dudley, president and CEO of the
Federal Reserve Bank of New York and vice chair of the Federal Open Market
Committee (FOMC) told a conference ...
Fri, Oct 5 2012, 2:23 PM
In February, the Federal Housing Finance Agency (FHFA)
issued a strategic plan for its ongoing conservatorship of Freddie Mac and
Fannie Mae (...
Thu, Oct 4 2012, 11:58 AM
Key housing policies on the horizon are complex and it’s difficult to explain them in simple terms. This is why we haven’t heard much from the Preside...
Thu, Oct 4 2012, 11:00 AM
Multi-family lending increased dramatically
in 2011 according to a report released by the Mortgage Bankers Association
(MBA) today. Perhaps more im...
