Wed, Dec 14 2011, 10:51 AM
The National Association of Realtors® (NAR) will
hold a press conference next week to announce revisions to its data on sales of
previously owned U...
Wed, Dec 14 2011, 10:50 AM
Shaun Donovan, Secretary of Housing and
Urban Development (HUD) told the Interagency Council on Homelessness on Tuesday
that homelessness in the cou...
Wed, Dec 14 2011, 9:45 AM
Buoyed
by a surge in refinancing , the Market Composite Index issued weekly by the
Mortgage Bankers Association (MBA) increased by 4.1 percent on a...
Tue, Dec 13 2011, 10:14 AM
The Federal Housing Finance Agency ( FHFA ) has reacted
on two fronts to a recent move by The City of Chicago to enforce parts of its
housing cod...
Mon, Dec 12 2011, 1:44 PM
The Census Bureau regularly issues a
vacant properties report which is generally covered by MND, and less extensive
data on vacancies is kept by oth...
Fri, Dec 9 2011, 12:05 PM
Senator Johnny Isakson (R-GA) has submitted
legislation to Congress that would put Fannie Mae and Freddie Mac out of
business while creating a ne...
Fri, Dec 9 2011, 11:07 AM
The National Association of Home
Builders (NAHB) reports that one out of every three of its builder members has
lost a sale during the last six mo...
Fri, Dec 9 2011, 10:22 AM
The net worth of U.S. households worsened during the third
quarter of 2011 according to the Federal Reserve's Flow of Funds Summary for
the quarte...
Fri, Dec 9 2011, 9:41 AM
The Mortgage Bankers Association (MBA) submitted an
Alternative Mortgage Servicing Compensation Discussion Paper to the Federal
Housing Finance Ag...
Thu, Dec 8 2011, 12:57 PM
Average per-loan profits among independent mortgage banks and
subsidiaries more than doubled in the third quarter according to the Mortgage
Bankers ...
Wed, Dec 7 2011, 11:36 AM
Fannie Mae and Freddie Mac, the two government sponsored
enterprises, reached the 2 million mark in their foreclosure prevention actions
during the ...
Wed, Dec 7 2011, 9:42 AM
Mortgage
application volume jumped back after the shortened Thanksgiving holiday week with
activity rising 12.8 percent on a seasonally adjusted ba...
Wed, Dec 7 2011, 4:47 PM
The Departments of Treasury and Housing
and Urban Development have released their joint November 2011 Housing
Scorecard . The report is essentiall...
Wed, Dec 7 2011, 3:52 PM
For the first time in six months
responses to Fannie Mae's Monthly National Housing Survey were positive
regarding home prices . Respondents
su...
Wed, Dec 7 2011, 2:43 PM
Members of the House Financial Services
Subcommittee on Capital Markets and the Government Sponsored Enterprises (GSE)
heard testimony from six mark...
Tue, Dec 6 2011, 11:50 AM
Data released by Lender Processing
Services, Inc. (LPS) on Monday indicates that the seasonal pattern in home
prices LPS has noted since 2009 is sti...
Tue, Dec 6 2011, 10:27 AM
A
moderate Pennsylvania senator has offered legislation to end the impasse over
continuing payroll tax cuts that have been in place since the first ...
Tue, Dec 6 2011, 4:24 PM
The Mortgage Bankers Association (MBA)
reports that, in the third quarter of 2011, delinquencies among commercial and
multifamily mortgages were m...
Tue, Dec 6 2011, 1:27 PM
Two more set of housing price data were
released on Tuesday in addition to the Lender Processing Services (LPS) information
covered here earlier . ...
Mon, Dec 5 2011, 3:00 PM
Commercial real estate loans were the principal cause of the
five bank failures reported in November according to Trepp's November 2011 U.S.
Bank ...
Fri, Dec 2 2011, 10:52 AM
Radar Logic has headlined its September
RPX 25-MSA Composite with the disquieting headline "We May be Witnessing the
End of the Beginning of the Hou...
Fri, Dec 2 2011, 9:35 AM
Creation of a multi-agency task
force was announced on Thursday designed specifically to deter scam artists
preying on homeowners looking for he...
Thu, Dec 1 2011, 3:05 PM
Housing and Urban
Development Secretary Shaun Donovan told a Congressional hearing on " Perspectives
on the Health of the FHA Single-family Insuranc...
Thu, Dec 1 2011, 2:56 PM
Mortgage
delinquencies continued to decline in October according to information released
today by Lender Processing Services. At
the same time fo...
Wed, Nov 30 2011, 10:45 AM
Pending home sales took a big jump in October, surging
10.4 percent above October figures and ending 9.2 percent higher than one year
earlier. T...
Wed, Nov 30 2011, 9:26 AM
Mortgage applications were down sharply
during the week ended November 24, a week that was shortened by the
Thanksgiving Day holiday. The Mortgage...
Wed, Nov 30 2011, 4:20 PM
Sixteen House Democrats have asked the
Federal Housing Finance Agency to justify its position on reducing principal on
loans owned by Freddie Mac a...
Wed, Nov 30 2011, 4:18 PM
Mortgage Insurance Companies of America
( MICA ), the trade group representing the largest private mortgage insurance
(PMI) companies has issued a s...
Tue, Nov 29 2011, 12:42 PM
Over one-quarter of all mortgaged homes
in the U.S. are now either underwater or close to it according to data released
today by CoreLogic. In t...
Tue, Nov 29 2011, 11:12 AM
The S&P/Case-Shiller Home Price
Indices for the third quarter of 2010 indicate that nationally home prices were
flat relative to the second quarte...
Tue, Nov 29 2011, 9:54 AM
The Office of the Inspector
General for the Federal Housing Finance Agency ( FHFA-OIG ) will report to
Congress today on its oversight of FHFA.
Th...
Tue, Nov 29 2011, 5:26 PM
The Federal Housing Finance Agency's
seasonally adjusted purchase only price index (HPI) shows that U.S. house
prices rose slightly in the third qua...
Mon, Nov 28 2011, 12:53 PM
Overall consumer debt continued to fall
in the third quarter of 2011, decreasing to 11.6 trillion from revised second
quarter levels of $11.72 tri...
Mon, Nov 28 2011, 11:34 AM
While the commercial real estate markets
are reflecting the overall softness of the economy, there are some signs of improvement
according to data r...
Mon, Nov 28 2011, 3:08 PM
A settlement agreement reached last
month between Citigroup and the Securities and Exchange Commission (S.E.C.)
over a 2007 mortgage derivative...
Mon, Nov 28 2011, 2:23 PM
New homes sales in October rose to a
seasonally adjusted annual rate of 307,000 according to data released today by
the Census Bureau and the Depar...
Wed, Nov 23 2011, 10:07 AM
The
volume of mortgage applications declined 1.2 percent on a seasonally adjusted
basis during the week ended November 18 according to the Mortgag...
Wed, Nov 23 2011, 2:50 PM
Spurred by a strong demand for rental
housing and low property prices , investors are buying more houses according to the latest Campbell/Inside ...
Tue, Nov 22 2011, 3:52 PM
The Federal Housing Finance Agency
(FHFA) has announced the conforming loans limits that will apply to the two
government sponsored enterprises (G...
Tue, Nov 22 2011, 3:32 PM
The Office of Comptroller of the Currency ( OCC ) has reported on
the actions taken by 12 servicers to comply with consent order issued in April
t...
Tue, Nov 22 2011, 1:27 PM
The National Mortgage Licensing System
reports that, as of the end of the third quarter of 2011, over one-quarter
million mortgage licenses are held...
Mon, Nov 21 2011, 11:57 AM
Sales of existing homes improved in October while
inventories declined according to the National Association of Realtors® monthly
report. Total sa...
Mon, Nov 21 2011, 4:31 PM
Freddie Mac's November Economic Outlook
holds some good news for the economy as a whole, but the housing picture
remains relatively bleak. Thir...
Fri, Nov 18 2011, 1:37 PM
President Barack Obama signed a bill Friday
that reinstates the recently expired higher loan limits that were in effect for
FHA and VA loans throu...
Fri, Nov 18 2011, 1:28 PM
Fannie Mae's November Economics and
Mortgage Market Analysis released this morning cites the depressed sentiments
from the Conference Board consume...
Thu, Nov 17 2011, 11:44 AM
Building permits were issued at a
seasonally adjusted annual rate of 653,000 in October, 10.9 percent above the downwardly
revised (from 594,000) S...
Thu, Nov 17 2011, 11:05 AM
Previously delinquent loans that Freddie
Mac was required by contract to repurchase from its Mortgage Participation
Certificate (PC) pools are abou...
Thu, Nov 17 2011, 2:03 PM
Seasonally adjusted mortgage
delinquencies fell 45 basis points (bp) from the second to the third quarter of
2011 to a seasonally adjusted rate of...
Wed, Nov 16 2011, 11:48 AM
Executives at Fannie Mae and
Freddie Mac are one step closer to a massive pay cut following a vote by the
House Financial Services Committee to sus...
Wed, Nov 16 2011, 11:22 AM
Freddie Mac and Fannie Mae have released
guidance to their lenders on changes to their loan products occasioned by the
expansion and extension of th...