Fri, Nov 4 2011, 10:25 AM
Commercial and multifamily mortgage
originations turned sharply upward during the third quarter of 2011, rising 10
percent above levels in the sec...
Thu, Nov 3 2011, 11:59 AM
Freddie Mac will again draw on its Treasury
line of credit following its third quarter results. The government sponsored enterprise (GSE)
release...
Thu, Nov 3 2011, 5:18 PM
The Departments of Treasury and Housing
and Urban Development have released their joint October 2011 Housing
Scorecard . The report is essentially...
Thu, Nov 3 2011, 4:41 PM
Each National Housing Survey
conducted quarterly by Fannie Mae gathers baseline data on attitudes of the
nation's homeowners and renters on home...
Wed, Nov 2 2011, 12:07 PM
The latest Mortgage Monitor report from Lender Processing
Services (LPS) shows a housing market where things are improving slowly, while parts
of ...
Wed, Nov 2 2011, 10:10 AM
The Mortgage Bankers Association (MBA)
has released its Weekly Mortgage Applications Survey for the week ended October
28. MBA's Market Composit...
Wed, Nov 2 2011, 5:18 PM
The Homeowner Vacancy Rate declined slightly in the third
quarter while vacancies rose in rental housing according to information reported
today by ...
Tue, Nov 1 2011, 11:54 AM
Homeowners who believe they were
financially harmed by improper foreclosure procedures now have a new avenue for
relief. Three major federal regu...
Tue, Nov 1 2011, 11:07 AM
Saying that there are no silver
bullets that will solve all the problems facing the housing and mortgage
markets CoreLogic, a
provider of informati...
Tue, Nov 1 2011, 3:14 PM
The Department of Housing and Urban Development
(HUD) and Ginnie Mae have suspended Allied Home Mortgage Corporation , thereby
preventing the compa...
Fri, Oct 28 2011, 12:16 PM
Delaware Attorney General Beau Biden has
sued the Mortgage Electronic Registration system (MERS) the controversial entity
that has been at the hea...
Fri, Oct 28 2011, 11:26 AM
According to the National Association of
Home Builders (NAHB) the remodeling industry has been increasingly impacted by
the state of the nationa...
Fri, Oct 28 2011, 4:40 PM
The Federal Housing Finance Agency (FHFA) with the
assistance of the two government sponsored enterprises (GSEs) for which it has
oversight, has upd...
Thu, Oct 27 2011, 12:21 PM
In a joint press release issued Wednesday
Freddie Mac and the Federal Housing Finance Agency ( FHFA ) announced that three
members of Freddie Ma...
Thu, Oct 27 2011, 12:19 PM
Pending home sales fell for the third
consecutive month in September according to data released today by the National
Association of Realtors ® (N...
Thu, Oct 27 2011, 2:10 PM
The Chairman of the House committee that
has been most active in the proposed dismantling of Freddie Mac and Fannie Mae
has released his proposal to...
Wed, Oct 26 2011, 8:46 AM
Mortgage application volume
bounced back from the previous holiday-shortened reporting period to end the
week of October 21 up almost five percent....
Tue, Oct 25 2011, 1:34 PM
The take-away message from the August S&P/Case-Shiller
Home Price Index (HPI) numbers published today appears to be, it's not as bad
as last year....
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...
