Thu, Dec 22 2011, 11:26 AM
Assistant
U.S. Attorney General Thomas E. Perez condemned the lending practices of the
former Countrywide Financial Corporation while announcing a...
Wed, Dec 21 2011, 12:49 PM
Existing home sales rose 4.0 percent in
November to a seasonally adjusted annual rate of 4.42 million homes, up from
4.25 million in October accord...
Wed, Dec 21 2011, 12:15 PM
As the National Association of Realtors®
(NAR) first announced last week, its periodic rebenchmarking of existing home
sales data uncovered some p...
Wed, Dec 21 2011, 11:27 AM
The Mortgage Bankers Association (MBA) has demonstrated again that the
public's perception of the real estate market depends on which side of the
cl...
Wed, Dec 21 2011, 9:05 AM
The
Mortgage Bankers Association's (MBA) Market Composite Index decreased 2.6
percent on a seasonally adjusted basis during the week ended December ...
Wed, Dec 21 2011, 4:04 PM
According to data reported on Wednesday
by CoreLogic, the residential shadow inventory as of October stood at 1.6
million housing units, a supply ...
Wed, Dec 21 2011, 3:59 PM
The Office of Comptroller of the
Currency released its Quarterly Mortgage Metrics Report on Wednesday showing
that delinquencies among mortgages ser...
Tue, Dec 20 2011, 10:15 AM
Building permits issued in November were
up 5.7 percent from the number issued in October according to joint data
released this morning by the U....
Mon, Dec 19 2011, 12:53 PM
While the full Mortgage Monitor report won't
be available until January, Lender Processing Services has released some
highlights for its November mo...
Mon, Dec 19 2011, 11:04 AM
Another shoe dropped last week as the Nevada attorney general brought suit
against Lender Processing Services , DOCX, LPS Default Solutions and othe...
Mon, Dec 19 2011, 10:03 AM
Homebuilders are more optimistic than they've been about single-family home sales in a year and a half according to a report released today by the Na...
Fri, Dec 16 2011, 12:12 PM
Six
former top executives of Fannie Mae and Freddie Mac were charged with securities
fraud Friday morning in connection with mortgage backed s...
Thu, Dec 15 2011, 9:51 AM
Foreclosure activity continued to
decline in November and is now down 14 percent from one year ago when one in
every 492 U.S. housing units was t...
Thu, Dec 15 2011, 1:10 PM
Nearly half of Fannie Mae's eligible servicers
are on track to receive at least a three STAR rating for 2011. Fannie
Mae announced third quarter r...
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...