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...
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...
