Wed, Feb 22 2012, 11:36 AM
Both before and after they were placed into conservatorship
the two government sponsored enterprises Fannie Mae and Freddie Mac (the
Enterprises) s...
Wed, Feb 22 2012, 8:52 AM
Mortgage
applications decreased during the week ended February 17 according to the
Weekly Mortgage Applications Survey released this morning by the...
Wed, Feb 22 2012, 3:40 PM
In the February Economic Outlook from
Freddie Mac's Office of the Chief Economist is projecting a slow, steady path
to recovery as the economy, it...
Tue, Feb 21 2012, 11:12 AM
In its Monthly Mortgage Monitor Report Lender
Processing Services (LPS) will report that the national delinquency rate , loans
that are 30 days or ...
Tue, Feb 21 2012, 10:42 AM
After four straight months of increases The S&P/Experian
Consumer Credit Default Indices fell in January as did the four loans types
that make up ...
Tue, Feb 21 2012, 2:07 PM
The Federal Housing Finance Agency
(FHFA) said Tuesday that, with its conservatorship of Fannie Mae and Freddie
Mac (the Enterprises) now in operati...
Fri, Feb 17 2012, 9:46 AM
While housing is more affordable than ever for most
U.S. families, the lack of financing available to them continues to constrain
prospective homeb...
Thu, Feb 16 2012, 12:54 PM
RealtyTrac reported this morning that
foreclosure activity rose 3 percent in January as several states posted spikes
in one or more steps in the pr...
Thu, Feb 16 2012, 1:35 PM
A lawsuit filed against CITIMORTGAGE,
INC, a subsidiary of CITIBANK, N.A. was filed in the U.S. District Court for Manhattan
on Wednesday and simult...
Thu, Feb 16 2012, 1:26 PM
At a press
conference accompanying release of the results from its Fourth Quarter 2011 National
Delinquency Study (NDS) , the Mortgage Banker Assoc...
Thu, Feb 16 2012, 1:01 PM
Statistics on building permits and
housing starts increased slightly in January according to the U.S. Census
Bureau and the U.S. Department of H...
Wed, Feb 15 2012, 12:40 PM
The results from the monthly National
Association of Home Builders NAHB)/Wells Fargo Housing Market Index (HMI) rose
in February for the fifth conse...
Wed, Feb 15 2012, 11:55 AM
Homeowners who think they may have been
financially injured due to the actions of mortgage servicers during a
foreclosure have additional time to re...
Wed, Feb 15 2012, 10:42 AM
As we see each week in the Mortgage
Bankers Association's application survey, few borrowers chose adjustable rate
mortgages when buying or financing...
Wed, Feb 15 2012, 9:36 AM
Applications for both home purchase and refinance
were essentially flat during the week ended February 10. The Mortgage Bankers Association's (MBA)
...
Tue, Feb 14 2012, 11:58 AM
TransUnion is reporting that serious
mortgage delinquencies rose during the fourth quarter of 2011 for only the
second time since the end of 2009....
Tue, Feb 14 2012, 11:15 AM
The Consumer Financial Protection Bureau
( CFPB ) has rolled out a prototype of a form for mortgage lenders to send to
borrowers during each billi...
Tue, Feb 14 2012, 10:56 AM
The American Bankers Association (ABA)
reacted negatively late Monday to a part of the President's FY 2013 Budget
which was released earlier in th...
Tue, Feb 14 2012, 10:30 AM
It's been a light day for new originations so far in MBS with current totals in Fannie/Freddie 30yr Fixed around 1/4 to 1/3 of their recent averages. ...
Mon, Feb 13 2012, 12:42 PM
In a strongly worded statement on behalf of the American
Association of Mortgage Investors (AMI), Jonathan Lieberman, Managing Director
of Angelo,...
Mon, Feb 13 2012, 5:14 PM
The Department of Housing and Urban
Development (HUD) unveiled its 2013 budget proposal today, asking Congress for
about $44 billion. The amount is...
Fri, Feb 10 2012, 3:12 PM
Federal Reserve Bank Chairman Ben S.
Bernanke , speaking to the National Association of Home Builders, said that the
typical post-recession behavi...
Thu, Feb 9 2012, 12:38 PM
As prices continued to decline during
the fourth quarter of 2011 in most metropolitan areas of the U.S., housing
affordability rose due not only t...
Thu, Feb 9 2012, 11:51 AM
A
final settlement between the nation's five largest mortgage servicers , two federal
agencies and 49 of the states' attorneys general (AGs) was an...
Thu, Feb 9 2012, 9:06 AM
" House lock " is not a major factor when
it comes to a homeowner's ability to find a job. A
working paper commissioned by the Federal Reserve Ba...
Thu, Feb 9 2012, 2:42 PM
Loretta E. Lynch, U.S. Attorney for
the Eastern District of New York announced the settlement of claims her office
had brought against Bank of Ameri...
Wed, Feb 8 2012, 12:54 PM
According to CoreLogic, the Santa Ana
California based provider of information and business services, there were a
total of 830,000 foreclosures na...
Wed, Feb 8 2012, 8:58 AM
Mortgage
rates broke another set of records during the week ended February 3,
establishing several new historic lows.
In response, the seasonally ...
Wed, Feb 8 2012, 2:05 PM
One of the financial institutions that are
party to the reported settlement agreement with the attorneys general of the
majority of the states is re...
Tue, Feb 7 2012, 11:29 AM
Details are still sketchy, but
apparently a settlement has been agreed upon between five major banks and a
majority of the states' attorneys general...
Tue, Feb 7 2012, 4:11 PM
A sub-committee of the House Financial Services
committee today approved the FHA Emergency Solvency Act which is intended to
shore up the finances...
Mon, Feb 6 2012, 4:41 PM
The
Departments of Housing and Urban Development (HUD) and Treasury issued the
administration's January Housing Scorecard on Monday. The report i...
Mon, Feb 6 2012, 4:17 PM
The Mortgage Bankers Association
(MBA) reports that commercial and multifamily loan originations were down 7
percent in the fourth quarter of 2011 c...
Mon, Feb 6 2012, 1:26 PM
The list of Improving Housing Markets (IHM) maintained by
the National Association of Home Builders (NAHB) took another big jump in
February, rising...
Fri, Feb 3 2012, 3:44 PM
Three major banks and Virginia-based
MERSCORP, Inc. and its subsidiary Mortgage Electronic Registrations Systems
( MERS ) were sued Friday by the st...
Fri, Feb 3 2012, 2:45 PM
Treasury Secretary Timothy Geithner told
the Financial Stability Oversight Council that the financial system is getting
stronger and safer and tha...
Fri, Feb 3 2012, 2:40 PM
HOPE NOW, the voluntary private
sector alliance of mortgage industry stakeholders, recently concluded a two day
conference in Washington which focus...
Thu, Feb 2 2012, 9:01 AM
Four
former investment bankers and traders from the Credit Suisse Group were charged
by the Securities and Exchange Commission (SEC) Wednesday vio...
Thu, Feb 2 2012, 5:22 PM
CoreLogic and Lender Processing Services
(LPS) have each released their most recent Home Price Indices . CoreLogic's HPI covers December; LPS's cov...
Thu, Feb 2 2012, 4:14 PM
Homeowners who refinanced their homes during the fourth
quarter of 2011 either refinanced for about the same amount or actually brought
cash to th...
Wed, Feb 1 2012, 11:06 AM
Watch the speect live - click read more link below.
In his State of the Union address, President Obama laid out a Blueprint for an America Built t...
Wed, Feb 1 2012, 10:34 AM
The Federal Housing Finance Agency ( FHFA ) announced
today the first step in a new initiative to convent foreclosed properties (REO)
in the hardest...
Wed, Feb 1 2012, 8:50 AM
The
Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey
reported that mortgage applications as measured by its Market Composi...
Wed, Feb 1 2012, 4:22 PM
Saying that the housing crisis struck right at the
heart of what it means to be middle class, President Barack Obama has begun to
flesh out the h...
Wed, Feb 1 2012, 3:53 PM
The Mortgage Bankers Association ( MBA ) provided its annual
assessment of The State of the Mortgage Industry in a press conference Wednesday
afte...
Wed, Feb 1 2012, 2:17 PM
The Attorney General of Oregon announced
today that he will join in the so-called 50-state Attorneys General settlement
with five major financial ...
Tue, Jan 31 2012, 9:44 AM
The
Federal Housing Finance Agency ( FHFA ) issued a statement late Monday refuting a
story from ProPublic and NPR
that a complicated investm...
Tue, Jan 31 2012, 2:58 PM
Home prices continued to fall in November according to the
S&P/Case-Shiller Home Price Indices released this morning. Both the 10-City and the 20-Ci...
Mon, Jan 30 2012, 1:19 PM
The Federal Housing Finance Agency announced on Friday that it was extending
the Home Affordable Modification Program ( HAMP ) for another year - thr...
Fri, Jan 27 2012, 11:15 AM
The Lender Processing Services (LPS) Mortgage Monitor Report for December show
improvement in a number of the metrics it tracks. Many measures of d...
