Tue, Sep 18 2012, 10:57 AM
The Federal Housing Finance Agency's Office
of Inspector General (FHFA-OIG) has completed two evaluations related to
servicing of Fannie Mae and...
Tue, Sep 18 2012, 3:25 PM
Fannie Mae's economists are
predicting continued slow growth in the second half of the year. The first half was marked by improvements in
some eco...
Tue, Sep 18 2012, 1:58 PM
Data on lending activity during 2011
at 7,632 financial institutions that are covered by the Home Mortgage
Disclosure Act ( HDMA ) was released to...
Mon, Sep 17 2012, 11:39 AM
Lawrence
Yun, Chief Economist for the National Association of Realtors® (NAR) said Monday
that there would be enormous benefits to the nation's econ...
Fri, Sep 14 2012, 12:10 PM
Edward J. DeMarco, Acting Director of
the Federal Housing Finance Agency (FHFA) sketched in a broad outline of the
agency's vision for the future...
Fri, Sep 14 2012, 6:29 PM
Late Friday Fannie Mae gave borrowers
and lenders an alternative to documenting income for Refi Plus loans where
payment increases will be under 20 ...
Thu, Sep 13 2012, 9:58 AM
The Federal Housing Finance Agency's
(FHFA) Office of Inspector General (OIG) has issued a report on the progress
FHFA has made in correcting subs...
Thu, Sep 13 2012, 8:39 AM
Aggregate foreclosure activity as
measured by foreclosure filings rose 1 percent in August compared to September
but was down 15 percent from one ...
Thu, Sep 13 2012, 5:48 PM
The Departments of Treasury and Housing
and Urban Development released the August version of its monthly Housing
Scorecard this afternoon. The Sco...
Thu, Sep 13 2012, 3:49 PM
Congress just stepped into the dispute
over the right of Chicago and two communities in California to use eminent
domain on behalf of local homeown...
Wed, Sep 12 2012, 10:34 AM
The proportion of homeowners with
negative or near equity in their homes declined in the second quarter of the
year with 600,000 borrowers reachi...
Wed, Sep 12 2012, 9:53 AM
The official end of summer seems to have
signaled a resurgence in refinancing .
Despite a week shortened by the Labor Day holiday, applications fo...
Wed, Sep 12 2012, 4:20 PM
The September issue of Fannie Mae's Housing Insights says little specific
about housing, focusing instead on changes in average and aggregate ear...
Wed, Sep 12 2012, 2:40 PM
Pre-HAMP experience with loan modifications
may have been key to the outcome of the Home Affordable Modification Program (HAMP)
according to a pap...
Tue, Sep 11 2012, 10:45 AM
Two U.S. Senators have
reintroduced a bill which aimed at giving Freddie Mac and Fannie Mae (the GSEs)
financed homeowners with equity the some ...
Tue, Sep 11 2012, 10:35 AM
The Federal Housing Finance Agency
(FHFA) has moved to lift a lot of the uncertainty about lender risk and
responsibility with a new framework for...
Tue, Sep 11 2012, 3:40 PM
The House passed the Federal Housing
Administration Fiscal Solvency Act Tuesday by a vote of 407 to 7. The act, as introduced by Representative Ju...
Tue, Sep 11 2012, 1:51 PM
Guarantee fees (G-fees) are likely to
continue the pattern of gradual increases initiated since Freddie Mac and
Fannie Mae were placed in conserv...
Mon, Sep 10 2012, 11:37 AM
Consumer attitudes toward housing appear
to have stabilized, largely unchanged over the last few months but at levels markedly
higher than last year...
Mon, Sep 10 2012, 10:11 AM
The Securities Industry and Financial
Markets Association ( SIFMA ) joined by 25 other trade associations has fired
another salvo in the mortgage em...
Mon, Sep 10 2012, 3:06 PM
Delinquencies declined 1.6 percent from June to July
resulting in a mortgage loan delinquency rate of 7.03 percent. At the same time the pre-sale fo...
Mon, Sep 10 2012, 2:51 PM
A net total of 19 housing markets were added to the National
Association of Home Builders/First American Improving Market Index in
September, brin...
Fri, Sep 7 2012, 11:15 AM
Researchers for the Federal Reserve Bank of Boston have
taken a fresh look at the impact of foreclosures on the price of other homes in
a neighbor...
Fri, Sep 7 2012, 1:59 PM
The Home Affordable Refinance Program
( HARP ) hit what its sponsoring agency considered a milestone in July, with a
total of 519,000 loans refin...
Thu, Sep 6 2012, 11:00 AM
The American Bankers Association (ABA)
has reminded its members and others in the industry that the next few months
are critical to lenders becaus...
Wed, Sep 5 2012, 8:23 AM
Mortgage applications declined again
during the week ended August 31, down 2.5 percent on a seasonally adjusted
basis from a week earlier. The Mor...
Wed, Sep 5 2012, 3:17 PM
Loan modifications through the HOPE NOW
program increased dramatically in July, soaring 43 percent from the number of
completed modifications in J...
Tue, Sep 4 2012, 12:15 PM
The National Association of Realtors® (NAR)
said that Realtors are expressing less confidence about overall
market conditions, buyer and seller traf...
Tue, Sep 4 2012, 10:12 AM
Home prices in
the U.S. enjoyed the largest annual increase in July that they had in six
years, increasing 3.8 percent from prices in July 2011. ...
Tue, Sep 4 2012, 4:07 PM
Construction spending was $834.39 billion in July compared
to $842.22 billion in June and $763.47 in July 2011, a decrease of 0.9 percent
from the ...
Tue, Sep 4 2012, 2:59 PM
Freddie Mac has authorized its mortgage servicers to
extend all of the company's mortgage relief options to its borrowers along the
Gulf Coast affec...
Fri, Aug 31 2012, 11:36 AM
Fannie Mae reduced its Gross Mortgage
Portfolio by $5.86 billion during July to $667 billion and is reducing that
portfolio at a compound annualiz...
Fri, Aug 31 2012, 11:23 AM
Fannie Mae and Freddie Mac's guarantee
fees (g-fees) on single-family mortgages are about to go up by an average of 10
basis points. The increa...
Thu, Aug 30 2012, 11:50 AM
Mortgage bankers saw
their profits surge during the second quarter of 2012, increasing from $1,654 on
each loan originated in the first quarter of...
Thu, Aug 30 2012, 8:35 AM
Foreclosed and pre-foreclosed homes
maintained their position as the source of over a fifth of U.S. home sales in
the second quarter of 2012. Twe...
Thu, Aug 30 2012, 2:04 PM
Delinquency rates for commercial and
multi-family mortgages continued to rise in CMBS portfolios during the second
quarter of 2012 and now stand a...
Wed, Aug 29 2012, 10:47 AM
Pending home sales rose to the highest
level in over two years last month according to the Pending Home Sales Index
for July released by the Nationa...
Wed, Aug 29 2012, 10:35 AM
While applications for purchase mortgages rose
slightly during the week ended August 24 it wasn't enough to compensate for the
drop in refinancing a...
Wed, Aug 29 2012, 4:46 PM
First lien mortgage debt decreased
substantially during the second quarter of 2012, bringing overall household
indebtedness down by $53 billion co...
Wed, Aug 29 2012, 4:06 PM
Joseph A. Smith, Monitor of the National
Mortgage Servicing Settlement issued a progress report on Wednesday. Smith, former North Carolina Banking...
Tue, Aug 28 2012, 11:46 AM
While the gains were modest, all three
major S&P Case-Shiller Home Price Indices ended the second quarter of 2012
with positive annual growth ra...
Tue, Aug 28 2012, 11:21 AM
CoreLogic's July National
Foreclosure Report , released today, reported completed foreclosures
during the month totaled 58,000 compared to 62,0...
Fri, Aug 24 2012, 11:18 AM
Massachusetts Attorney General Martha
Coakley told Freddie Mac and Fannie Mae (the GSEs) on Thursday that they must conform
to a new state mor...
Fri, Aug 24 2012, 4:50 PM
Bank of America has committed to provide
1,000 homes over a three year period to local agencies and non-profit
organizations working with injured...
Thu, Aug 23 2012, 11:57 AM
New home sales rose in July to a
seasonally adjusted annual rate of 372,000 units. According to a joint release from the U.S.
Census Bureau and th...
Thu, Aug 23 2012, 3:08 PM
House prices increased 1.8 percent from
the first quarter of 2012 to the second the Federal Housing Finance Agency
( FHFA ) said today. The Agen...
Thu, Aug 23 2012, 2:53 PM
The Federal Reserve Bank of New York
today marked the end of its financial involvement with American International Group
( AIG ) which began in 20...
Thu, Aug 23 2012, 2:51 PM
Fannie Mae announced on Thursday that 22
of its servicers had produced results in its Servicer Total Achievement and
Rewards TM (STAR) Program for ...
Wed, Aug 22 2012, 12:09 PM
Sales
of existing homes increased nationally in July to a seasonally adjusted annual
rate of 4.47 million units . This is an
increase of 2.3 per...
Wed, Aug 22 2012, 10:44 AM
Toll Brothers, a home building company
active in 20 states, buoyed Wall Street on Wednesday with a quarterly report
that also gave the housing indus...
