Thu, Oct 4 2012, 10:45 AM
CoreLogic reported this morning that completed foreclosures in
August were 24 percent lower than one year earlier and also down from July. There
...
Thu, Oct 4 2012, 1:14 PM
The number of metropolitan areas on the
list of improving housing markets increased to 103 in September, an increase of
four from the August tally...
Wed, Oct 3 2012, 12:25 PM
Mortgages were prepaid at a higher rate
in August than at any time since 2005 according to the August Mortgage Monitor report issued by Lender
Pro...
Wed, Oct 3 2012, 8:49 AM
Record low interest rates prompted a
surge in mortgage applications during the week ended September 28. The Mortgage Bankers Association (MBA) s...
Wed, Oct 3 2012, 4:47 PM
Editor's note : DataQuick®, a provider of
advanced real estate information solutions recently announced that Gordon
Crawford, Ph.D. had joined thei...
Tue, Oct 2 2012, 10:21 AM
Home prices in August posted the largest annual increase in
over six years according to data released this morning by CoreLogic . The company's Au...
Tue, Oct 2 2012, 9:18 AM
The Justice Department (DOJ) task
force formed to pursue past offenses in the creation, sale, and servicing of
residential mortgage-backed securiti...
Tue, Oct 2 2012, 7:37 PM
The Federal Housing Finance Agency
(FHFA) announced today that the Cogsville Group, LLC is the second successful
bidder in the agency's owned rea...
Tue, Oct 2 2012, 1:25 PM
The monitor in charge of the $25 billion
National Mortgage Settlement reminded the five participating servicers as well as the
public that today mar...
Mon, Oct 1 2012, 12:40 PM
The National Mortgage Licensing System
(NMLS) is upgrading its reporting system with a number of enhancements, many of
which seem aimed at keeping...
Mon, Oct 1 2012, 12:31 PM
While overall construction spending fell
in August, both public and private spending on residential construction increased
during the month. The Ce...
Fri, Sep 28 2012, 10:23 AM
Economists have been debating the
value versus risk of expanded refinancing opportunities since the early days of
the housing crisis. Proponents a...
Thu, Sep 27 2012, 11:34 AM
The report this morning from the
National Association of Realtors® ( NAR ) on pending home sales shows continued
volatility in the housing marke...
Thu, Sep 27 2012, 10:23 AM
The performance of mortgages
serviced by banks regulated by the Office of Comptroller of the Currency (OCC)
declined in the second quarter but was i...
Thu, Sep 27 2012, 9:25 AM
The most recent evaluation of the FHFA by it's Office of Inspector General (OIG), released on Thursday,
found that FHFA had perhaps delegated to...
Wed, Sep 26 2012, 11:08 AM
A number of state attorneys general (AG)
sent out nearly identical notices this week regarding the April $25 billion, 49
state settlement with mort...
Wed, Sep 26 2012, 11:01 AM
New home sales were down slightly in
August compared to July, slipping 0.3 percent to a seasonally adjusted annual
rate of 373,000 units and were 2...
Wed, Sep 26 2012, 10:29 AM
Behind the public face of their business models Freddie Mac
Fannie Mae produce, use, and invest in a variety of products to increase their
profitabi...
Wed, Sep 26 2012, 8:41 AM
Refinancing activity increased as
interest rates fell to new lows according to the Weekly Mortgage Applications
Survey released this morning. The...
Wed, Sep 26 2012, 6:01 PM
The Mortgage Bankers Association (MBA)
announced Wednesday it has revitalized its MISMO Government Forum. The group met last Friday as part of MIS...
Wed, Sep 26 2012, 5:49 PM
Fannie Mae and Freddie Mac (the GSEs)
completed approximately 129,000 foreclosure prevention actions during the
second quarter of 2012, bringing ...
Tue, Sep 25 2012, 11:16 AM
The July House Price Index (HPI)
released by the Federal Housing Finance Agency (FHFA) this morning follows the
S&P/Case-Shiller report issued ear...
Tue, Sep 25 2012, 11:07 AM
Home prices as measured by the S&P/Case-Shiller
Home Price Indices rose across the board in July with both the 10- and 20-City
Composites and all...
Tue, Sep 25 2012, 2:47 PM
Even while housing is repeatedly cited as a leading cause of the Great
Recession and as a significant key to a full recovery the candidates for
Pres...
Mon, Sep 24 2012, 11:02 AM
Lender Processing Services (LPS) previewed its October Mortgage Monitor Report today and it
shows a continued decline in both mortgage delinquen...
Mon, Sep 24 2012, 2:16 PM
The Federal Housing Finance Agency's
Office of Inspector General ( FHFA OIG ) has recommended that FHFA issue
standards for the two government spons...
Mon, Sep 24 2012, 1:26 PM
The level of commercial and
multifamily mortgage debt decreased by 0.4 percent from the first to the second
quarter of 2012 according to the Mortg...
Fri, Sep 21 2012, 12:13 PM
The Government Accountability Office
(GAO) has completed a study with results that most of us could have
anticipated. After a review of a number
...
Thu, Sep 20 2012, 10:33 AM
A federal regulator is proposing that five states with higher
than average foreclosure costs pick up part of the tab for those foreclosures
throug...
Thu, Sep 20 2012, 1:19 PM
Misuse of the FHA Preforeclosure Sale
Program may have cost the Department of Housing and Urban Development (HUD)
over a billion dollars for ...
Wed, Sep 19 2012, 12:05 PM
Existing home sales and home prices both
improved in August, with sales rising 7.8 percent on a seasonally adjusted
annual basis. According to in...
Wed, Sep 19 2012, 11:29 AM
The time
needed to close a mortgage loan has increased by almost 25 percent over the
last year, from an average of 40 days to 49 and it was refi...
Wed, Sep 19 2012, 10:09 AM
Permits for construction of privately-owned
housing dipped slightly in August, down 1.0 percent to a seasonally adjusted
annual rate of 803,000 unit...
Wed, Sep 19 2012, 9:17 AM
Applications for mortgages during the
week ended September 14 were virtually unchanged from the previous week
according to the Mortgage Bankers As...
Wed, Sep 19 2012, 4:10 PM
Building permits for residential
remodeling were issued at a seasonally adjusted annual rate of 3.14 million in
July, an increase of 6 percent fro...
Tue, Sep 18 2012, 12:07 PM
The National Association of Home
Builders (NAHB)/Wells Fargo Housing Market Index (HMI) which measures builder
confidence hit a six year high in Se...
Tue, Sep 18 2012, 11:51 AM
After increasing for two quarters
TransUnion's Credit Risk Index (CRI) ratcheted back down in the second quarter
of 2012 to about the same place i...
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...
