Wed, Jul 27 2011, 10:47 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending July 22, 2011.
Last week the ...
Wed, Jul 27 2011, 5:01 PM
UBS Americas Inc., several of its
subsidiaries, and four former executive officers were sued Wednesday morning in
U.S. District court for the Southe...
Tue, Jul 26 2011, 12:04 PM
The Census Bureau and Department of Housing and Urban Development have
released New
Residential Sales data for June 2011.
New Residential S...
Tue, Jul 26 2011, 2:31 PM
Home prices in much of the nation
increased in May according to the S&P/Case
Shiller Home Prices Indices (HPI) released on Tuesday. May was the...
Mon, Jul 25 2011, 2:21 PM
Fannie Mae's Economic and Mortgage Market Analysis for
July describes second quarter economic data received so far as "discouraging," and
forec...
Thu, Jul 21 2011, 9:49 AM
I found the timing of this news to be extra interesting. WHY? Because the Consumer Financial Protection Bureau goes live today! Ironic isn't it? ...
Thu, Jul 21 2011, 2:52 PM
There
has been periodic speculation that one factor in the continuing high
unemployment levels is "house lock," or the reluctance of households to ...
Wed, Jul 20 2011, 3:21 PM
An increase in contract cancellations
caused a decline in the sales of existing homes in June. Still, according to the National
Association of Real...
Wed, Jul 20 2011, 1:24 PM
The Mortgage Bankers Association today reported a significant increase in the number of refinance applications taken last week, purchase demand on the...
Tue, Jul 19 2011, 3:57 PM
Driven by a dramatic rise in
multi-family construction, U.S. housing jumped unexpectedly to of an annualized
rate of 629,000 housing units in June. ...
Mon, Jul 18 2011, 2:21 PM
Two press releases that came out on
Monday may point to a new direction for the residential construction market and
perhaps for housing policy.
H...
Fri, Jul 15 2011, 8:55 AM
According to the latest report from the
Mortgage Bankers Association's (MBA) Research Institute for Housing America
(RIHA) the continuing decline in...
Thu, Jul 14 2011, 10:31 AM
RealtyTrack has reported a generally downward trend
in foreclosure filings since last fall, but the monthly variations tended to
mask the magnitude ...
Wed, Jul 13 2011, 10:42 AM
The shape of the new Consumer Financial
Protection Bureau (CFPB) began to emerge yesterday as its chief architect Elizabeth
Warren, Special Advisor ...
Wed, Jul 13 2011, 10:27 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending July 8, 2011. This week's results...
Wed, Jul 13 2011, 3:04 PM
The Chairman of the Federal Reserve today told Congress in his Semiannual Monetary Policy Review
that "Households report
that they have little ...
Tue, Jul 12 2011, 12:03 PM
Six cities have been selected for a
pilot program designed by the Obama Administration to strengthen local
capacity, spark economic growth and ensur...
Mon, Jul 11 2011, 12:22 PM
If the results of Fannie Mae's monthly national consumer survey accurately portray their attitudes, Americans
appear to have increasingly realist...
Fri, Jul 8 2011, 1:58 PM
Officials of both the Mortgage Bankers
Association (MBA) and the Federal Deposit Insurance Corporation (FDIC) told
Congress Thursday that resolution...
Thu, Jul 7 2011, 2:30 PM
The Department of Housing and Urban
Development (HUD) has modified the existing policies related to two of its assistance programs to give unemployed...
Wed, Jul 6 2011, 11:23 AM
The Mortgage
Bankers Association (MBA) today released its Weekly Mortgage Applications
Survey* for the week ending July 1, 2011.
The gist of toda...
Wed, Jul 6 2011, 4:41 PM
Last week, as reported here the new
Consumer Financial Protection Bureau (CFPB) released a second version of
prototype documents designed to int...
Tue, Jul 5 2011, 12:46 PM
The June edition of the Obama Administration's
Housing Scorecard released on Friday showed that housing prices turned slightly
upward while mortgage...
Fri, Jul 1 2011, 11:58 AM
According to the Department of Housing
and Urban Development's (HUD) research publication, Evidence Matters , the U.S. has not examined its nati...
Thu, Jun 30 2011, 12:15 PM
Foreclosure
sales have not regained the momentum they had before numerous lender moratoria
brought the process to a virtual halt last Fall.
Acco...
Thu, Jun 30 2011, 9:18 AM
Originally published in the July 2011 issue of Asset Securitization Report
The regulatory agencies charged with implementing the risk-retentio...
Wed, Jun 29 2011, 10:05 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending June 24, 2011.
After seeing a m...
Wed, Jun 29 2011, 2:44 PM
Transparency is critical and today much of the paperwork associated with a mortgage is far too confusing.
Recent government regulations have made ...
Wed, Jun 29 2011, 2:14 PM
There's some positive news on the future of home
sales.
The Pending Home Sales Index rose sharply in May, indicating an upbeat
outlook for the ...
Tue, Jun 28 2011, 12:57 PM
Woohoo! The April S&P/Case-Shiller Home Price Indices showed a monthly increase * in home prices for the first time in eight months today.
On...
Mon, Jun 27 2011, 2:50 PM
While they
aren't a new concept, the second issue of the HUD publication Evidence Matters highlights the growing
importance of multibank efforts...
Thu, Jun 23 2011, 2:11 PM
The Census Bureau and Department of Housing and Urban Development have
released New
Residential Sales data for May 2011.
New Residential Sal...
Thu, Jun 23 2011, 1:31 PM
Independent mortgage banks and
subsidiaries saw a huge dip in profitability as the average they made on each
loan originated dropped from $1,082 per...
Wed, Jun 22 2011, 11:16 AM
The Mortgage Bankers Association
(MBA) today released its Weekly Mortgage Applications Survey* for the week
ending June 17, 2011.
Although mortga...
Wed, Jun 22 2011, 3:33 PM
(Editor's Note: This is the second in a series of articles
summarizing material in the latest edition of " Evidence Matters " the new digest
of h...
Tue, Jun 21 2011, 3:10 PM
Affordable rental housing is the focus
of the second edition of Evidence Matters , the Department of Housing and Urban Development's (HUD's) new q...
Tue, Jun 21 2011, 1:32 PM
The National Association of Realtors today released Existing Home Sales
data for May 2011.
Existing Home Sales declined by 3.8 percent to a se...
Mon, Jun 20 2011, 4:02 PM
At the second anniversary of the current
economic expansion, housing remains stuck in a rut according to Fannie Mae's
Economic Outlook for June ...
Thu, Jun 16 2011, 12:10 PM
The U.S. Census Bureau and the Department of Housing and Urban Development
have released New Residential Construction statistics for May 2011.
...
Thu, Jun 16 2011, 10:48 AM
Could the end be near? There finally appears to be a developing
trend of good news on the foreclosure front as filings of all types declined by
two...
Wed, Jun 15 2011, 11:39 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending June 7, 2011.
The Refinance Ind...
Wed, Jun 15 2011, 1:57 PM
The National Association of Homebuilders (NAHB) today reported
that its Housing Market Index (HMI) fell
to 13 after standing at 16 for six out ...
Wed, Jun 15 2011, 1:01 PM
Despite the severe economic downturn,
persistent unemployment, and thousands of foreclosures, Secretary of Housing
and Urban Development (HUD) Shaun...
Mon, Jun 13 2011, 3:54 PM
Federal Deposit Insurance
Corporation Chair Sheila Bair recently took issue with the " Qualified Residential Mortgage " rule in a wide rangin...
Fri, Jun 10 2011, 10:04 AM
The Departments of Housing and Urban
Development and Treasury issued their joint Housing Scorecard for May on
Thursday. The big news is that the...
Thu, Jun 9 2011, 3:51 PM
Mortgage News Daily has written much content in recent months concerning the growth of
the rental market and the difficulties communities are facing ...
Wed, Jun 8 2011, 10:14 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending June 3, 2011.
The Refinance inde...
Wed, Jun 8 2011, 4:04 PM
Approximately 22.7 percent of all U.S. homeowners were in a negative equity position with their mortgages at the end of
the first quarter of 2011, do...
Tue, Jun 7 2011, 3:40 PM
The gloomy picture painted by The State of the Nation's Housing report
released yesterday by Harvard's Joint Center on Housing Studies has but ...
Mon, Jun 6 2011, 2:11 PM
The House Subcommittee on Capital
Markets and Government Sponsored Enterprises has approved eight bills to end
what it calls the bailout of Freddie ...
