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...
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...