Thu, Sep 15 2011, 3:56 PM
Fannie Mae has released the results of
its new Servicer Total Achievement and Rewards (STAR) program for the first
half of 2011. STAR, which was...
Wed, Sep 14 2011, 10:17 AM
Mortgage applications jumped 6.3 percent on a
seasonally adjusted basis during the holiday-shortened week ended September 9
according to data relea...
Wed, Sep 14 2011, 3:46 PM
Last month the Federal Housing Finance Agency (FHFA) asked
for input on a plan it is considering to augment the Real Estate-Owned (REO) disposition...
Mon, Sep 12 2011, 1:54 PM
Four out of five of the major groups that invest in
commercial/multifamily mortgages saw delinquency rates fall during the second
quarter of 201...
Fri, Sep 9 2011, 12:22 PM
The House
Subcommittee on Capital Markets and Government Sponsored Enterprises took its
microphones to New York City on Wednesday for a field hearin...
Fri, Sep 9 2011, 3:05 PM
FHFA Director Edward Demarco is the who the mortgage world has been waiting to hear from regarding recent talk of a government-led initiative to expan...
Fri, Sep 9 2011, 2:18 PM
The
non-partisan Congressional Budget Office (CBO) just released a working paper
entitled An Evaluation of Large-Scale Mortgage
Refinancing Pro...
Thu, Sep 8 2011, 10:06 AM
Fannie Mae's National Housing Survey for
August indicates that Americans are growing more pessimistic about the economy,
home prices and their own...
Wed, Sep 7 2011, 11:12 AM
The
Federal Home Financing Agency (FHFA), apparently stung by the coverage of its lawsuits
it against 17 banks and a number of their executive offic...
Wed, Sep 7 2011, 10:36 AM
MGIC announced its monthly operating statistics today for
August, showing an increase in mortgage insurance and a decrease in delinquencies . New...
Wed, Sep 7 2011, 9:14 AM
The Mortgage Bankers Association (MBS)
has released its Weekly Mortgage Applications Survey for the week ending
September 2, 2011. MBA's seasonal...
Tue, Sep 6 2011, 11:03 AM
This column originally appeared in the September 2011 Issue of Asset Securitization Report.
The recent focus on the economy and the jobless rat...
Tue, Sep 6 2011, 9:03 AM
Seventeen banks, dozens of their subsidiaries and over
one hundred bank officers were named as defendants in a lawsuit filed Friday by
the Federal...
Fri, Sep 2 2011, 1:15 PM
The Federal Housing Finance Agency ( FHFA ), conservator
for Freddie Mac and Fannie Mae (the Enterprises) said on Thursday that, while
modifications...
Thu, Sep 1 2011, 3:30 PM
The Departments of Treasury and Housing and Urban Development (HUD)
released the August edition of their Housing Scorecard on Friday which painted
...
Thu, Sep 1 2011, 1:13 PM
The Senate subcommittee on Capital
Markets and Government Sponsored Enterprises will hold a hearing next Wednesday
at 10 a.m. to examine ways in whi...
Wed, Aug 31 2011, 11:58 AM
The Federal Reserve's most recent Senior
Loan Officer Opinion Survey on Bank Lending Practices noted that the demand for
some types of residential ...
Wed, Aug 31 2011, 9:44 AM
A
decline in refinancing pushed the volume of mortgage applications lower during
the week ended August 26 according to the Mortgage Bankers Associat...
Tue, Aug 30 2011, 3:10 PM
Home prices pulled, at least temporarily, out of their
downward spiral according to the S&P/Case-Shiller Home Price Indices (HPI)
released on Tue...
Mon, Aug 29 2011, 11:01 AM
After posting two strong consecutive months, pending home sales fell in July
according to information released Monday by the National Association o...
Mon, Aug 29 2011, 2:31 PM
The Nationwide Mortgage Licensing System and Registry
( NMLS ) has released information on licensed entities as of the first quarter of
2011(March 3...
Thu, Aug 25 2011, 10:10 AM
RealtyTrac,
the Irvine California firm that reports on all things foreclosure said on
Thursday that, while sales of bank-owned real estate and homes...
Wed, Aug 24 2011, 11:33 AM
The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications
Survey for the week ending August 19, 2011.
With purchase mo...
Wed, Aug 24 2011, 1:16 PM
The Federal Housing Finance Agency ( FHFA )
has released its seasonally adjusted purchase-only house price index (HPI) for
the second quarter of 2...
Tue, Aug 23 2011, 12:21 PM
Jay Brinkmann, the Mortgage Bankers Association's
(MBA's) Chief Economist, told reporters on Monday that MBA's National
Delinquency Survey (NDS) f...
Tue, Aug 23 2011, 12:16 PM
The sales of new single-family houses fell slightly in July
to a seasonally adjusted annual rate of 298,000. The U.S. Census Bureau and the Depa...
Mon, Aug 22 2011, 12:43 PM
The third quarter is shaping up to
be the best in 2011 from the standpoint of mortgage originations according to
the Mortgage Bankers Association (M...
Thu, Aug 18 2011, 12:17 PM
The National Association of Realtors ®
reported today that existing-home sales in July were down from the previous
month but were significantly h...
Thu, Aug 18 2011, 12:15 PM
The housing boom created a rich climate
for mortgage fraud and while the bust that followed the boom has changed the
nature of the crime, it has pro...
Wed, Aug 17 2011, 11:55 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Application Survey for the week ending August 12, 2010. MBA's Market Co...
Wed, Aug 17 2011, 11:39 AM
Uncertainty and apprehension appear to
be influencing the economy as much as reality according to the latest National
Housing Survey (NHS) condu...
Tue, Aug 16 2011, 11:06 AM
Builder confidence in the housing market
remained unchanged in August according to the National Association of Home
Builders (NAHB)/Wells Fargo Hous...
Tue, Aug 16 2011, 2:03 PM
Housing starts in July fell from June
figures but still came in well ahead of predictions. According to information released by the U.S.
Census Bu...
Thu, Aug 11 2011, 12:16 PM
Foreclosure
activity dropped significantly again in July according to figures released on
Thursday by RealtyTrac, however the Irvine California firm...
Wed, Aug 10 2011, 12:47 PM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending August 5th, 2011.
On May 18th...
Wed, Aug 10 2011, 10:29 AM
Freddie Mac released its second quarter financial statement
on Tuesday and showed dramatically better results than its sister enterprise
Fannie Mae....
Wed, Aug 10 2011, 1:23 PM
Have a bright idea about how the
government can best liquidate the current huge inventory of owned real estate
(REO) currently held by FHA, Fannie M...
Tue, Aug 9 2011, 9:08 AM
The July
edition of the Obama Administration's Housing Scorecard was released on Friday
and continues to broadcast mixed signals as home prices impr...
Mon, Aug 8 2011, 10:50 AM
Fannie Mae posted yet another multi-billion dollar
loss during the second quarter of 2011 according to papers filed with the
Securities and Exchange...
Mon, Aug 8 2011, 10:45 AM
Had the proposed rules defining Qualified Residential
Mortgages (QRM), the loans that would be exempt from the retained risk
requirements of the Dod...
Fri, Aug 5 2011, 12:26 PM
As anticipated, the vacancy rate for rental units
dropped again in the second quarter of 2011 according to the Residential
Vacancies and Homeowner...
Wed, Aug 3 2011, 12:37 PM
Two of housing's major players have weighed
in with comments on proposed standards for mortgage risk retention under the
Dodd-Frank Wall Street Refo...
Wed, Aug 3 2011, 11:04 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending July 29, 2011.
Excerpts fro...
Tue, Aug 2 2011, 1:42 PM
Transparency is critical and today much of the paperwork associated with a mortgage is far too confusing.
Recent government regulations have made ...
Mon, Aug 1 2011, 10:19 AM
The Federal Housing Administration's (FHA's) Mortgagee
Review Board (MRB) has posted the results of formal actions taken against 240
lenders for fai...
Mon, Aug 1 2011, 2:29 PM
Originally published in the August 2011 issue of Asset Securitization Report (www.sourcemedia.com)
I
recently completed the book Reckless
En...
Fri, Jul 29 2011, 10:06 AM
Check out my twice-a-month blog at the STRATMOR Group web site located at www.stratmorgroup.com. The current blog takes a look at QRM and shares d...
Thu, Jul 28 2011, 11:52 AM
Raj Date will replace Elizabeth Warren in her role as
Special Advisor to the Secretary of the Treasury for the Consumer Financial
Protection Bureau ...
Thu, Jul 28 2011, 2:44 PM
Pending real estate sales had
another strong showing in June according to the Pending Home Sales Index (PHSI)
released today by the National Associa...
Thu, Jul 28 2011, 2:15 PM
Almost 85 percent of large cities showed
a decrease in foreclosure activity during the first six months of 2011
according to the Mid-year 2011 Met...
