Tue, Oct 25 2011, 1:29 PM
The Federal Housing
Finance Agency (FHFA) has released its monthly House Price Index for
August. The index calculates prices paid
to purchase ho...
Mon, Oct 24 2011, 12:07 PM
In advance of a speech in Nevada later
today in which President Obama is expected to expand on the initiative, the
Federal Housing Finance Agency (F...
Fri, Oct 21 2011, 11:23 AM
The
Harvard Joint Center for Housing Studies has released the latest Leading
Indicator of Remodeling Activity (LIRA) designed to estimate national...
Fri, Oct 21 2011, 1:10 PM
When Congress temporarily raised the maximum loan size eligible
for mortgages guaranteed by FHA or by the government sponsored enterprises
(GSEs) Fa...
Thu, Oct 20 2011, 4:10 PM
The seasonal decline in home prices that always proceeds the holidays
and continues through the cold winter months has already begun, appearing
ea...
Thu, Oct 20 2011, 1:15 PM
Existing home sales including single-family
houses, townhouses, condos, and co-ops posted a decline in September according
to data released today b...
Wed, Oct 19 2011, 9:05 AM
Mortgage
applications dropped sharply during the week ended October 14, falling 14.9
percent on both a seasonally adjusted and an unadjusted basis. ...
Wed, Oct 19 2011, 1:33 PM
Privately-owned housing starts in
September rose 15.0 percent above starts in August to a seasonally adjusted annual
rate of 658,000 units. Accordi...
Tue, Oct 18 2011, 11:31 AM
A new plan is on the table in the
seemingly endless parade of negotiations aimed at ending the foreclosure crisis
and resolving the legal impasses o...
Tue, Oct 18 2011, 10:48 AM
Default levels rose in all credit
categories except auto loans in September according to data from S&P
Indices and Experian. The month-to-month
c...
Mon, Oct 17 2011, 1:51 PM
In 2009 seven federal agencies that supervise banks,
credit unions, thrifts, and the Farm Credit System (the regulators) revised the
Interagency Q...
Thu, Oct 13 2011, 11:15 AM
Foreclosure
activity increased during the third quarter of 2011, driven largely by a spike
in early filings in August. Data for September
showed a...
Wed, Oct 12 2011, 9:29 AM
Mortgage
applications during the week ended October 7 were 1.3 percent higher than during
the previous week according to the Mortgage Bankers Assoc...
Wed, Oct 12 2011, 4:18 PM
The chief economist of the Mortgage Bankers
Association (MBA) told association members Tuesday that they are in for yet
another tough year. Jay B...
Tue, Oct 11 2011, 1:59 PM
Six banks were closed by the Federal Deposit
Insurance Corporation (FDIC) in September for a total of 74 in the year to date
according to informa...
Fri, Oct 7 2011, 12:08 PM
With the exception of 2000, a greater
percentage of Americans own homes today than at any time since the U.S. Census
Bureau began to collect homeow...
Fri, Oct 7 2011, 10:47 AM
Eliminating or curtailing the mortgage
interest deduction would have a disproportionate impact on younger middle-class
families according to testimo...
Thu, Oct 6 2011, 10:58 AM
Home price are continued their slow recovery from the double dip
experienced in late 2010 and early 2011, but recent price performance indicates
the...
Thu, Oct 6 2011, 2:46 PM
Twenty-three metropolitan areas are now
listed on the National Association of Home Builders (NAHB)/First American
Improving Markets Index (IMI) re...
Wed, Oct 5 2011, 12:31 PM
The Mortgage Bankers Association's (MBA's)
Market Composite Index, a measure of mortgage loan application volume , fell 4.3
percent on a seasonally...
Wed, Oct 5 2011, 10:51 AM
Three law firms are seeking participants
in a class action law suit seeking damages from 13 lenders for alleged fraud
against borrowers seeking ...
Wed, Oct 5 2011, 10:18 AM
The Mortgage Bankers Association (MBA)
released its report on the commercial/multi-family finance picture for the
second quarter on Tuesday, sayin...
Wed, Oct 5 2011, 5:00 PM
The Departments of Housing and Urban
Development (HUD) and Treasury have issued the administration's September
Housing Scorecard . The scorecard i...
Tue, Oct 4 2011, 12:34 PM
The August Mortgage Monitor report released on Monday by
Lender Processing Services, Inc. (LPS) paints a mixed picture of the current
state of for...
Tue, Oct 4 2011, 2:29 PM
The Office of Inspector General
( OIG ) for the Federal Housing Finance Agency ( FHFA ) has released critical preliminary
findings from an audit con...
Mon, Oct 3 2011, 12:07 PM
A huge crack appeared in the unified front represented by the 50 states'
attorneys general (AGs) on Friday when California withdrew from multi-state...
Fri, Sep 30 2011, 1:31 PM
The eight national banks and single federal
savings association servicing the largest loan portfolios reported that first
mortgage performance decli...
Thu, Sep 29 2011, 10:58 AM
When it comes to mortgage fraud, the
chickens are still coming home to roost from the housing boom of the last
decade. The Financial Crimes Enforce...
Thu, Sep 29 2011, 2:40 PM
While
overall rates of mortgage related fraud appear to have fallen significantly in
2011, some particular manifestations have increased dramaticall...
Thu, Sep 29 2011, 2:10 PM
The August Pending Home Sales Index issued by the National
Association of Realtors slipped
slightly from July's numbers, portending a few more ...
Wed, Sep 28 2011, 9:00 AM
Lower
interest rates following the Federal Reserve's announcement fueled a surge in mortgage applications late
last week. According to the Mortga...
Wed, Sep 28 2011, 2:42 PM
The Federal Housing Finance Agency (FHFA) is requesting public comment on two
alternative mortgage servicing compensation structures . The propos...
Wed, Sep 28 2011, 1:57 PM
HOPE
Now, which was the first program initiated to deal with the mounting foreclosure
problem in 2007, has reached a level of 4.86 million loan mod...
Tue, Sep 27 2011, 10:56 AM
Home prices rose for the fourth straight month according to
the S&P/Case-Shiller Home Price Indices for July which were released
Tuesday. Whil...
Tue, Sep 27 2011, 3:39 PM
Freddie Mac's September 2011 Economic Outlook is focused on the recent Federal Reserve Bank announcement of its Maturity
Extension Program (aka Ope...
Mon, Sep 26 2011, 11:48 AM
Sales of new single-family homes continue to drag along the bottom of their all-time range. In the most recent estimate released jointly by the Censu...
Mon, Sep 26 2011, 3:14 PM
The latest Campbell/Inside Mortgage
Finance HousingPulse Tracking Survey , released on Monday, has a pair of
findings that should be distressing ...
Fri, Sep 23 2011, 11:50 AM
For the first time in seven quarters the
level of outstanding commercial/multifamily mortgage debt grew in the U.S
according to information releas...
Thu, Sep 22 2011, 11:45 AM
The Federal Housing Finance Agency's House
Price Index (HPI) for July indicates that seasonally adjusted house prices rose
0.8 percent in July. A...
Thu, Sep 22 2011, 4:00 PM
Last week RadarLogic, a real estate data and analytics
company, submitted a proposal, which we covered here , to
the Federal Housing Finance Agency...
Wed, Sep 21 2011, 9:53 AM
The
Mortgage Bankers Association (MBA) reported this morning that mortgage applications rose slightly during the week ended September 16. The chan...
Wed, Sep 21 2011, 2:22 PM
Despite what they referred to as " headwinds ,"
the National Association of Realtors (NAR)® reported on Wednesday that sales of
existing homes wer...
Tue, Sep 20 2011, 2:13 PM
Building permits ( charts ) were issued in August
at a 3.2 percent higher rate than in July, but housing starts ( chart ) fell even further
than e...
Mon, Sep 19 2011, 12:50 PM
Home sales may be stagnant but,
according to data released on Monday by Buildfax, homeowners are increasingly
upgrading the homes they already ha...
Mon, Sep 19 2011, 12:39 PM
The Housing Market Index (HMI) release
today by the National Association of Home Builders (NAHB)/Wells Fargo remained
virtually unchanged for the ...
Mon, Sep 19 2011, 11:53 AM
At the same time the Acting Director of the FHFA is considering loosening guidelines or reducing fees in conjunction with an expanded HARP offering, h...
Mon, Sep 19 2011, 11:48 AM
Two Appellate Courts in California, citing two
separate rationales, have upheld the legal standing of MERS to foreclose .
In Calvo v. HSBC ...
Fri, Sep 16 2011, 12:59 PM
Representative Darrell Issa (R-CA), has requested information
from the Federal Housing Finance Agency on what he said might be a "back-door
bailout...
Fri, Sep 16 2011, 2:03 PM
David
H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) told a
Senate hearing this week that MBA's
members are concerned ab...
Thu, Sep 15 2011, 9:30 AM
Foreclosure filings spiked during August, driven by a large increase in early-stage filings according to the U.S. Foreclosure Market Report released b...
