Tue, Jun 19 2012, 9:18 AM
The Consumer Finance Protection Bureau ( CFPB )
rolled out another new consumer tool this morning, an on-line complaint
database . The database,...
Tue, Jun 19 2012, 1:13 PM
Thanks to
problems in Europe and the slowing of both the US and Chinese economies,
consumer attitudes have plateaued after several months of improve...
Mon, Jun 18 2012, 10:57 AM
The National Association of Home Builder's
( NAHB )/Wells Fargo Housing Market Index (HMI) ticked up one point this month to
reach its highest poi...
Mon, Jun 18 2012, 3:07 PM
New comparative tables from the 2010 Census underline both
the importance of homeownership to building wealth and the havoc wrecked by the
recess...
Fri, Jun 15 2012, 10:32 AM
Financial institutions that received emergency funds from
the Federal Government during the financial meltdown of 2008 continue to repay
that debt t...
Fri, Jun 15 2012, 1:11 PM
The two government sponsored enterprises
(GSEs) Freddie Mac and Fannie Mae completed nearly twice as many foreclosure
prevention actions in the fi...
Thu, Jun 14 2012, 11:41 AM
Steadier job growth and improving
consumer confidence are now boosting home sales and home prices may finally
find a bottom this year according to t...
Thu, Jun 14 2012, 11:28 AM
The New York State Assembly will soon consider
a bill that, if passed, would broaden the definition of mortgage foreclosure
fraud to include "rob...
Thu, Jun 14 2012, 10:08 AM
Lenders
appear to be getting a grip on the nation's foreclosure inventory according to a
report released Thursday by CoreLogic.
The foreclosure or...
Thu, Jun 14 2012, 9:50 AM
Foreclosure
filings topped 200,000 during May for the first time in two months but filings
were still below the rate a year earlier according to th...
Wed, Jun 13 2012, 12:35 PM
The National Association of Home Builders (NAHB) list of
improving housing markets continued to show sizeable shifts as small changes in
the metri...
Wed, Jun 13 2012, 10:18 AM
There was
absolutely no bad news out of the Mortgage Bankers Association's Weekly Mortgage
Applications Survey this morning. Results
of the survey...
Wed, Jun 13 2012, 3:29 PM
As required under the Housing and
Economic Recovery Act (HERA), the director of The Federal Housing Finance
Agency (FHFA) submitted the agency's an...
Tue, Jun 12 2012, 12:38 PM
Three of the groups that most heavily
invest in commercial and multifamily mortgages increased their outstanding
balance of such debt in the first q...
Mon, Jun 11 2012, 5:22 PM
Bank of America (BOA) has settled
accusations by the Department of Housing and Urban Development (HUD) that one
of its California branches had disc...
Fri, Jun 8 2012, 11:32 AM
Mortgage Guaranty
Insurance Corporation (MGIC) the nation's largest private mortgage insurance
company, issued its Operational Summary for the month...
Fri, Jun 8 2012, 5:27 PM
Acting
Federal Housing Finance Agency (FHA) Commissioner Carol Galante and Housing and
Urban Development (HUD) Secretary Shawn Donovan announced lat...
Fri, Jun 8 2012, 3:33 PM
The Federal Housing Finance Agency (FHA)
is expected to announce before the close of business today a new bulk sale
program to liquidate some of t...
Thu, Jun 7 2012, 10:41 AM
The Federal Reserve Bank of New York
recently released a paper that looked at the impact of HARP revisions on loan
defaults and pricing . The pape...
Thu, Jun 7 2012, 3:11 PM
Representatives of both the Mortgage
Bankers Association ( MBA ) and the National Association of Home Builders ( NAHB )
testified before the House C...
Wed, Jun 6 2012, 9:42 AM
Applications for refinancing bounced
back slightly during the week ended June 1, buoying overall application
volume. The seasonally adjusted Weekly...
Wed, Jun 6 2012, 4:40 PM
The number of companies, mortgages, and
individual loan officers (MLOs) licensed through the Nationwide Mortgage Licensing
System (NMLS) continues...
Wed, Jun 6 2012, 3:19 PM
The May
edition of the Obama administration's Housing Scorecard released today by the
U.S. Departments of Housing and Urban Development
(HUD) an...
Tue, Jun 5 2012, 10:59 AM
CoreLogic is reporting that home prices , including sales of
distressed homes, increased on both a monthly and annual basis in April. The company...
Tue, Jun 5 2012, 10:20 AM
Trade industry groups like the National Association of Realtors® and National Association of Home Builders, private corporations and government agenci...
Tue, Jun 5 2012, 5:18 PM
Fannie Mae has elevated one of its own into
the role of president and chief executive officer. The Fannie Mae board
of directors announced
the ap...
Tue, Jun 5 2012, 2:46 PM
The Community Mortgage Lenders of
America (CMLA) is urging policy makers to consider retaining the positive aspects
of Fannie Mae and Freddie Mac...
Tue, Jun 5 2012, 2:03 PM
The Mortgage Bankers Association said today that commercial
and multi-family delinquencies for most of the investor groups it tracks
declined duri...
Mon, Jun 4 2012, 1:06 PM
Five federal agencies, each of which has a supervisory responsibility vis-à-vis large financial institutions, have signed an agreement as to how their...
Fri, Jun 1 2012, 10:03 AM
The performance of FHA loans dominates the April Mortgage Monitor report released Thursday by Lender Processing Services (LPS). While GSE and private...
Fri, Jun 1 2012, 1:53 PM
The new version of HARP , the Home Affordable Refinance Program, appears to be gaining in popularity judging by the quarterly figures rolled out toda...
Fri, Jun 1 2012, 1:01 PM
Despite a slowdown in the public sector, construction spending managed to eke out an increase of 0.3 percent in April. According to data released t...
Fri, Jun 1 2012, 1:00 PM
Victims of discrimination on the part of SunTrust Mortgage will share in a $21 million settlement agreed to yesterday by the company and the Depar...
Thu, May 31 2012, 11:16 AM
Interthinx, a provider of comprehensive risk mitigation solutions, has released its 12 th quarterly report and its Mortgage Fraud Index which measu...
Thu, May 31 2012, 8:47 AM
Sales of distressed properties once again accounted for more than a quarter of all home sales during the first quarter of 2012. Twenty-six percent ...
Thu, May 31 2012, 4:51 PM
The Federal Housing Finance Agency (FHFA) announced a new office to implement its Strategic Plan for Fannie Mae and Freddie Mac Conservatorships and...
Thu, May 31 2012, 4:42 PM
There is a bit of a dust-up going on over passage of a Homeowner Bills of Rights in California . The Center for Responsible Lending ( CRL ) and the ...
Thu, May 31 2012, 1:58 PM
HOPE NOW is reporting that servicer-members of its alliance completed 43,000 mortgage loan modifications during the month of April, down 8 percent ...
Thu, May 31 2012, 1:49 PM
The Mortgage Insurance Companies of America (MICA), the association representing private mortgage insurers, said today that its members companies ha...
Wed, May 30 2012, 11:13 AM
Only slightly more than a year after joining the Mortgage Bankers Association as its President and CEO, David Stevens will leave to become Presiden...
Wed, May 30 2012, 10:45 AM
CoreLogic is reporting that foreclosures last month totaled 66,000, down 12,000 or 15.4 percent from April 2011 but unchanged from March 2012. The...
Wed, May 30 2012, 10:18 AM
Pending home sales fell in April, breaking a three month streak of gains according to the National Association of Realtors® (NAR). The Association's...
Wed, May 30 2012, 8:43 AM
Despite another round of new interest rate lows the volume of mortgage applications decreased slightly during the pre-holiday week ended May 25. Th...
Tue, May 29 2012, 11:50 AM
Three measures of home prices issued monthly by S&P/Cash-Shiller declined yet again in March. The data released today showed that the national co...
Fri, May 25 2012, 11:11 AM
The Federal Reserve Board released a number of documents Thursday afternoon related to enforcement actions against several major mortgage servicers. ...
Thu, May 24 2012, 12:55 PM
The Mortgage Bankers Association ( MBA ) is projecting that mortgage originations in 2012 will be $200 billion higher than was originally anticipa...
Thu, May 24 2012, 11:51 AM
As part of its semi-annual report to Congress , the Federal Housing Finance Agency's (FHFA) Office of the Inspector General (OIG) included a section ...
Thu, May 24 2012, 10:06 AM
In its third semi-annual report to Congress the Federal Housing Finance Agency's (FHFA) Office of the Inspector General (OIG) recapped its activit...
Thu, May 24 2012, 1:39 PM
The Residential Mortgage-Backed Securities (RMBS) Working Group unveiled a new website on Thursday to enable "whistleblowers" to report mortgage-bac...
Wed, May 23 2012, 12:44 PM
The Federal Reserve has posted a video for homeowners informing them of their right to an independent review of their foreclosure files if they beli...
