Tue, Jun 26 2012, 10:23 AM
For the first time in eight months the S&P/Case-Shiller
Home Price Indices rose over levels of the previous month. Data through April 2012 showed th...
Tue, Jun 26 2012, 3:23 PM
Suspicious Activity Reports (SARs) related
to suspected mortgage loan fraud (MLF) filed by depository institutions decreased
sharply in the first q...
Tue, Jun 26 2012, 2:20 PM
A recent article in Public Finance Review reports on a study of the impact of the
federal mortgage interest deduction (MID) not on homebuyer beha...
Mon, Jun 25 2012, 11:21 AM
Sales of new single-family homes increased to a seasonally
adjusted annual rate of 369,000 in May from a rate of 343,000 in April
according to figu...
Mon, Jun 25 2012, 4:42 PM
California's proposed Homeowner Bill
of Rights , originally proposed by the state's attorney general Kamala Harris
and covered here
has been modi...
Mon, Jun 25 2012, 2:17 PM
The American Enterprise Institute's
(AEI) FHA Watch , a monthly on-line
publication tracking operations of the housing agency, just released its si...
Fri, Jun 22 2012, 11:38 AM
Representatives of the Mortgage Bankers
Association (MBA), and the American Bankers Association (ABA) told the House
Financial Services Subcommittee...
Thu, Jun 21 2012, 11:52 AM
Sales
of existing homes fell in May, but that decline may have been due to a lack of
available homes rather than a lack of demand.
According to t...
Thu, Jun 21 2012, 10:24 AM
A new study has found that consumers
who received mortgage modifications outperformed those who did not on new
consumer loans they opened after th...
Thu, Jun 21 2012, 1:24 PM
Both Freddie Mac and Fannie Mae will be offering additional
consideration to military personnel who may be facing problems with their
mortgage d...
Thu, Jun 21 2012, 1:21 PM
House prices tacked on another increase
in April, bringing the annual increase to 3.0 percent according to the Federal
Housing Finance Agency's (FHF...
Wed, Jun 20 2012, 12:59 PM
The average
loan to value ratio of closed loans broke through 80 percent in May according
to the Origination Insight Report released today by El...
Wed, Jun 20 2012, 10:19 AM
Lender Processing Services released
preliminary data this morning from its May Mortgage Monitor Report . The highlight of the report is that the
...
Wed, Jun 20 2012, 10:16 AM
Mortgage application volume
during the week ended June 15 fell back only slightly from the 18 percent gain
it scored a week earlier. The Mortgage Ba...
Tue, Jun 19 2012, 11:50 AM
Default rates fell in May for all types
of loans tracked by the S&P/Experian Credit Default Indices . For most loan types it was the fifth
consecu...
Tue, Jun 19 2012, 10:32 AM
The
American Recovery and Reinvestment Act of 2009 (Recovery Act) allotted $4
billion to the Department of Housing and Urban Development's (HUD) Pub...
Tue, Jun 19 2012, 10:03 AM
The EU-US Coalition on Financial
Regulation is calling on policy makers in the US and the European Union (EU) to
resume discussions of a framework t...
Tue, Jun 19 2012, 9:49 AM
The U.S. Census Bureau and the
Department of Housing and Urban Development reported this morning that permits
for the construction of new privately-...
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...
