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 ...
Thu, Jun 2 2011, 11:19 AM
Over one-third of the
current members of the U.S. Senate have written a letter to federal regulators
urging they adopt a less restrictive defini...
Thu, Jun 2 2011, 3:17 PM
The Mortgage Bankers Association has asked the Department of
Housing and Urban Development to permit the use of electronic signatures
(e-signatures)...
Wed, Jun 1 2011, 12:15 PM
The Census Bureau and Commerce
Department have released Construction Spending
data for April 2011.
Residential construction spending
include...
Wed, Jun 1 2011, 9:57 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 27, 2011. The MBA's loan applic...
Tue, May 31 2011, 3:00 PM
The March S&P/Case Shiller Home Price Indices ,
released by Standard & Poor's, paint an increasingly clear
picture of the "double dip" in U.S. ho...
Tue, May 31 2011, 2:41 PM
The
latest impediment to non-agency securitization stemming from the Dodd-Frank Act
is the proposal to create "premium capture cash reserve accounts...
Fri, May 27 2011, 1:13 PM
The National Association of Realtors® (NAR) released its April Pending
Home Sales Index (PHSI ) today. The index is said to be a leading indicato...
Thu, May 26 2011, 3:11 PM
Foreclosed properties continued to impact the
home sales market during the first quarter of 2011
according to a report released Thursday by Real...
Wed, May 25 2011, 9:41 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week
ending May 20, 2011.
The MBA's lo...
Wed, May 25 2011, 5:07 PM
The Republican led House Financial Services Committee has drafted legislation that would, among other things, raise the FHA down-payment requirement ...
Tue, May 24 2011, 11:45 AM
The Census Bureau and Department of Housing and Urban Development have
released New
Residential Sales data for April 2011.
New Residential S...
Tue, May 24 2011, 3:46 PM
Federal Reserve Governor Elizabeth Duke told an
audience that while financial education has always been important in helping
consumers make better e...
Tue, May 24 2011, 1:46 PM
Last December the Mortgage Bankers Association (MBA)
assembled a task force to examine and issue recommendations for the future of
residential mortg...
Mon, May 23 2011, 1:51 PM
Federal Housing Finance Agency Acting Director Edward J.
DeMarco told members of Congress last week that increased transparency in mortgage backed se...
Fri, May 20 2011, 1:14 PM
The US housing market may be entering a "third stage" of foreclosures according to the MBA's Chief Economist Jay Brinkman.
The initial fallout from...
Fri, May 20 2011, 1:12 PM
Americans are slightly more upbeat about owning a home and the housing market in general than they were at the end of 2010, according
to the latest ...
Thu, May 19 2011, 11:22 AM
The National Association of Realtors today released Existing Home Sales data for April 2011 Existing Home Sales report on the number of completed...
Thu, May 19 2011, 8:48 AM
The Huffington
Post reported late yesterday that five of the country's largest mortgage lenders may have defrauded taxpayers by filing false clai...
Wed, May 18 2011, 11:34 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week
ending May 13, 2011.
The MBA's lo...
Wed, May 18 2011, 1:28 PM
One obvious lesson we've all learned from the ongoing mortgage crisis: everyone loses
when consumers are unable to determine if they can afford to
...
Tue, May 17 2011, 9:30 AM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for April 2011. ...
Tue, May 17 2011, 2:10 PM
The New York
Time and the Associated Press are reporting that the New York State
Attorney General, Eric Schneiderman, is quietly investigating t...
Tue, May 17 2011, 1:55 PM
Acting Federal
Housing Finance Agency (FHFA) Director Edward DeMarco addressed the 2011
Federal Home Loan Bank (FHLBank) Directors Conference last w...
Mon, May 16 2011, 2:08 PM
The National Association of Homebuilders
(NAHB) reported on Monday that its Housing Market Index (HMI) came in at 16 for the sixth time in seven ...
Mon, May 16 2011, 1:16 PM
Two lawmakers have introduced
bipartisan legislation that would eliminate Freddie Mac and Fannie Mae while
still keeping a government presence in th...
Thu, May 12 2011, 12:05 PM
Foreclosure activity hit a 40 month low
in April, posting a decline in all types of filings for the seventh straight
month according to data release...
Thu, May 12 2011, 11:51 AM
America's
household debt level ticked upward for the first time in 10 quarters during the first three months of 2011 according to a report releas...
Wed, May 11 2011, 11:15 AM
Yet another
study has been released which indicates home prices are trending lower. CoreLogic's March Home Price Index (HPI) pegs
that decline ...
Wed, May 11 2011, 9:56 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 6, 2011. The MBA's loan app...
Wed, May 11 2011, 3:54 PM
Realtors® attending the National
Association of Realtors (NAR) mid-year legislative meetings and trade expo in
Washington heard a panel of housing e...
Tue, May 10 2011, 11:32 AM
Home prices fell faster in
the first quarter of this year than at any time since the worst of the housing
crisis according to the Real Estate Mark...
Tue, May 10 2011, 9:58 AM
The April edition of the Housing Scorecard has been issued by
Treasury and the Department of Housing and Urban Development (HUD). It showed "con...
