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...
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...
