Fri, May 6 2011, 10:55 AM
Freddie
Mac reported on Thursday that homeowners continue to hit barriers when looking to refinance their home, although it's not clear whether this ...
Fri, May 6 2011, 10:46 AM
Figures released by the Mortgage Bankers Association
(MBA) indicate that commercial and multifamily mortgage market may be coming
back to life.
...
Thu, May 5 2011, 11:00 AM
For over
three years the news has been filled with discussions of foreclosures, mortgage
fraud, derivatives, the failure of Freddie Mac and Fannie M...
Thu, May 5 2011, 1:02 PM
Every foreclosure related report that issued during the last
few months has increased certainty that the millions of delinquencies and
foreclosures ...
Wed, May 4 2011, 10:00 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week
ending April 29, 2011.
The MBA's lo...
Wed, May 4 2011, 9:26 AM
Senior loan officers responding to the April 2011 Federal
Reserve Bank survey on bank lending practices indicated that, on net, bank
lending sta...
Tue, May 3 2011, 11:24 AM
This article was originally published in the May issue of Asset Securitization Report As part of a joint initiative, the FHFA and HUD recently rele...
Mon, May 2 2011, 11:15 AM
Builders who specialize in home remodeling are seeing a better market than
they have in years according to the National Association of Home Builders'...
Mon, May 2 2011, 3:09 PM
Almost every American is a renter at some point in his life
but today both economic conditions and demographic forces are increasing rental
demand...
Fri, Apr 29 2011, 1:22 PM
The
Federal Housing Finance Agency (FHFA) has directed Freddie Mac and Fannie Mae to
establish consistent mortgage loan servicing and delinquenc...
Thu, Apr 28 2011, 12:10 PM
The National Association of Realtors® (NAR) released its March Pending
Home Sales Index (PHSI ) . The index is said to be a leading indicator for...
Thu, Apr 28 2011, 11:16 AM
Federal
Reserve Governor Elizabeth A Duke told a Community Affairs Research Conference
on Thursday that, while every community across the country ha...
Thu, Apr 28 2011, 2:17 PM
In a
telephone press conference this afternoon U.S. Housing and Urban Development Secretary Shaun Donovan awarded more than $216 million to nearl...
Wed, Apr 27 2011, 9:37 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week
ending April 22, 2011.
The MBA's lo...
Wed, Apr 27 2011, 3:34 PM
The U.S
Census Bureau has released Residential Vacancies and Homeownership data for
the first quarter of 2011.
The data is derived from th...
Tue, Apr 26 2011, 3:54 PM
Much has
been made about the value of homeowner education and counseling both as a way
to make homeowners more responsible about obtaining and maint...
Tue, Apr 26 2011, 2:43 PM
Standard and Poor's has released February Case- Shiller Home Price data...
S&P/Case- Shiller provides two monthly indices which track the...
Mon, Apr 25 2011, 11:42 AM
The Census Bureau and Department of Housing and Urban Development have
released New
Residential Sales data for March 2011.
New Residential ...
Mon, Apr 25 2011, 10:53 AM
Declining secondary marketing income driven by rising interest rates eroded profits at independent mortgage banks and their subsidiaries during the fo...
Thu, Apr 21 2011, 11:28 AM
The economy
has hit an "air pocket" according to Fannie
Mae's latest economic projections . If your plane has
ever hit one you're familiar with...
Thu, Apr 21 2011, 1:03 PM
Federal
Reserve Chairman Ben Bernanke told the Senate Subcommittee on
Oversight of Government Management, the Federal Workforce, and the District of...
Wed, Apr 20 2011, 10:57 AM
The Mortgage Bankers Association (MBA) today
released its Weekly Mortgage Applications Survey for the week
ending April 15, 2011.
The MBA's l...
Wed, Apr 20 2011, 3:27 PM
The National Association of Realtors today released Existing Home Sales data for March 2011
Existing Home Sales report on the number of comple...
Tue, Apr 19 2011, 12:53 PM
The U.S. Census Bureau and the Department of Housing and Urban Development
have released New Residential Construction statistics for March 2011. ...
Tue, Apr 19 2011, 11:22 AM
The
Federal Reserve is inviting public comment on a rule that would provide
four
options for complying with new amendments to the Truth in Lending...
Mon, Apr 18 2011, 1:24 PM
There
are a lot of reasons why the nation's homebuilders continue to feel skittish about
the housing market according to both the Chairman and Chief...
Fri, Apr 15 2011, 10:51 AM
The proposed regulations governing the Qualified Residential
Mortgage (QRM) exemption from risk retention rules constitute a "devastating, unnec...
Thu, Apr 14 2011, 11:45 AM
Foreclosure
activity overall was down in the first quarter of 2011 when compared to
the previous quarter and activity from one year earlier, but Mar...
Wed, Apr 13 2011, 12:09 PM
Freddie Mac has released its April 2011 Economic Outlook .
Below is a copy of the text. We have taken the liberty of calling attention to a few...
Wed, Apr 13 2011, 11:04 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week
ending April 8, 2011.
The MBA's loa...
Wed, Apr 13 2011, 4:57 PM
The Federal Reserve has released the Beige Book
The Beige Book is a compilation of anecdotal information and data on current economic conditio...
Wed, Apr 13 2011, 3:12 PM
The Federal Reserve, Office of Comptroller of the Currency (OCC), FDIC,
and Office of Thrift Supervision (OTC) have issued formal enforcement actio...
Tue, Apr 12 2011, 12:17 PM
At a summit held in
Charlotte, North Carolina on Monday, the new Consumer Financial Protection
Bureau (CFPB) and the Presidential Initiative Working...
Fri, Apr 8 2011, 12:45 PM
The Mortgage Bankers Association (MBA) has what it calls
"strong reservations" about the short timetable set out by the Departments
of Treasury, Hou...
Thu, Apr 7 2011, 1:43 PM
REIS
Inc, an impartial source of commercial real estate data, has confirmed
Mortgage News Daily's prediction earlier this year that renters coul...
Thu, Apr 7 2011, 1:16 PM
Maryann F. Hunter, Deputy Director, Division
of Banking Supervision and Regulation, Federal Reserve Bank told the U.S. Senate Subcommittee on Financi...
Wed, Apr 6 2011, 12:21 PM
The Market Composite Index, a measure of mortgage loan application volume,
decreased 2.0 percent on a seasonally adjusted basis from one week earlier...
Wed, Apr 6 2011, 10:34 AM
BAD NEWS: A decision has been made. The loan originator compensation delay has been dissolved. New compensation plans are now in effect.
From the...
Wed, Apr 6 2011, 3:20 PM
There have been six major banking crises in developing countries since the mid-1970s, all were associated with housing booms followed by busts accordi...
Wed, Apr 6 2011, 2:32 PM
Congress needs to pass a "Continuing Resolution" by midnight on Friday, April 8th to avoid a government shutdown.
From Wikipedia : A continuing ...
Tue, Apr 5 2011, 10:46 AM
This column originally appeared in the April 2011 issue of Asset Securitization Report (www.sourcemedia.com). The outcome of the negotiations betwee...
Tue, Apr 5 2011, 4:23 PM
Just in case you've missed any of these developments or just needed a refresher, here is the latest on originator compensation reform.
On Friday, ...
Tue, Apr 5 2011, 2:00 PM
The March edition of the Obama Administration's
Housing Scorecard again remarks on the fragility of the U.S. housing market and
the need to cont...
Mon, Apr 4 2011, 10:04 AM
The executive who became the first
Risk Manager of the Federal Housing Administration (FHA) will now, at least temporarily
head the agency.
Robe...
Mon, Apr 4 2011, 2:14 PM
The House Subcommittee on Capital Markets, Insurance, and
Government-Sponsored Enterprises held the first of what will probably be a
large number of...
Fri, Apr 1 2011, 8:39 AM
HAPPY APRIL FOOL'S DAY!
This is not a cruel joke. From NAMB's website:
"The
US Court of Appeals has granted a stay on Fed's LO Compensatio...
Thu, Mar 31 2011, 10:54 AM
The specter of shadow inventory looming in the background
of the housing crisis may be even worse than anticipated according to data released
Monda...
Thu, Mar 31 2011, 3:00 PM
For the second time in less than a week economists have
attempted to quantify the amount of shadow inventory currently lurking in the background of ...
Wed, Mar 30 2011, 11:22 AM
The
Mortgage Bankers Association (MBA) reacted quickly to the publication yesterday
of proposed rules governing Qualified Residential Mortga...
Wed, Mar 30 2011, 10:47 AM
The Mortgage Bankers Association (MBA) today
released its Weekly Mortgage Applications Survey for the week
ending March 25, 2011.
The MBA's ...
