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 ...
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...
