Wed, Mar 30 2011, 10:05 AM
The House Republicans who will ultimately have the most
influence on the decision have come out with a plan for reforming the two
government sponsor...
Tue, Mar 29 2011, 12:57 PM
The Office of the Comptroller of the Currency, Treasury, Board of
Governors of the Federal Reserve System, Federal Deposit Insurance
Corporation ...
Tue, Mar 29 2011, 3:30 PM
The January S&P/Case Shiller Home Price Indices , released
by Standard & Poor's this morning, show further deceleration in the growth
rates of ho...
Mon, Mar 28 2011, 10:54 AM
The National
Association of Realtors'® (NAR) have taken a stab at estimating just how wide and deep the much
discussed " shadow inventory " of hou...
Mon, Mar 28 2011, 2:41 PM
The
National Association of Realtors® (NAR) released its February Pending Home
Sales Index (PHSI) Monday. The index is a leading indicator for the...
Mon, Mar 28 2011, 2:02 PM
Reform
of the nation's housing system is picking up steam, with one
regulatory agency set to vote on risk retention exemptions on Tuesday, multi...
Thu, Mar 24 2011, 11:37 AM
Effective
April 1, servicers managing Freddie Mac loans will no longer be allowed to
foreclose on properties in the name of Mortgage
Electronic Reg...
Thu, Mar 24 2011, 3:37 PM
The country is on the verge of a
double-dip in housing prices according to new survey from MacroMarkets
LLC. The financial technology company
aske...
Wed, Mar 23 2011, 10:10 AM
The Mortgage Bankers Association (MBA) today released its Weekly
Mortgage Applications Survey for the week ending March 18, 2011.
The MBA's l...
Wed, Mar 23 2011, 3:05 PM
The debate over what counts as a
"Qualified Residential Mortgage (QRM)" may be coming to an end in the
near future. The Federal Deposit Insurance ...
Wed, Mar 23 2011, 2:06 PM
he Census Bureau and Department of Housing and Urban Development have released New Residential Sales data for February 2011. Here is a Quick Re...
Mon, Mar 21 2011, 4:38 PM
Freddie Mac is now publishing YouTube videos to share information with the
public about foreclosure myths and scams.
In each video a
housing c...
Mon, Mar 21 2011, 2:32 PM
The National Association of Realtors today released Existing Home Sales data for February 2011 Existing Home Sales report on the number of comple...
Fri, Mar 18 2011, 12:44 PM
Calling
the document "unprecedented in its scope and prescriptiveness," the Securities
Industry and Financial Markets Association (SIFMA) has
crit...
Fri, Mar 18 2011, 11:34 AM
At a
press conference on Friday morning the Department of Housing and Urban
Development (HUD) announced 17 planning grants under HUDs new Choice ...
Thu, Mar 17 2011, 12:01 PM
Elizabeth Warren, Special Advisor to the Secretary of the
Treasury for the Consumer Financial Protection Bureau (CFPB), told a House subcommittee yes...
Thu, Mar 17 2011, 3:38 PM
Debate continues over including a 20 percent down payment requirement in new regulations
defining "Qualified Residential Mortgages" (QRMs) under the ...
Wed, Mar 16 2011, 9:41 AM
The Mortgage Bankers Association (MBA) today released its Weekly
Mortgage Applications Survey for the week ending March 11, 2011.
The MBA's l...
Wed, Mar 16 2011, 4:55 PM
A day
after the Mortgage Bankers Association (MBA) announced the resignation of CEO John Courson and the appointment of David Stevens to replace ...
Wed, Mar 16 2011, 4:18 PM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for February 2011...
Tue, Mar 15 2011, 12:53 PM
Mortgage News Daily has learned that John Courson, President and CEO
of the Mortgage Bankers Association, will announce his resignation later
toda...
Tue, Mar 15 2011, 11:50 AM
The following commentary was written by Tim Massad, Acting Assistant
Secretary of the Treasury for Financial Stability, in defense of HAMP...
...
Tue, Mar 15 2011, 3:28 PM
Over the past three months the mortgage industry has struggled
greatly to interpret and implement loan originator compensation reform
and new ...
Tue, Mar 15 2011, 2:09 PM
For the
first time in four months builders showed increased confidence in their
responses to the monthly National Association of Home Builders (NAHB...
Mon, Mar 14 2011, 12:32 PM
Five federal
agencies representing a myriad of policy interests are planning a summer forum to
address a variety of health and safety problems arisi...
Mon, Mar 14 2011, 11:16 AM
The Home
Affordable Refinance Program (HARP) has been extended for another year
according to information released on Friday from the Federal Hou...
Fri, Mar 11 2011, 11:42 AM
Three Federal
Reserve economists are out to debunk the theory that reducing principal
balances on mortgage loans is a no-cost cure for the housing c...
Thu, Mar 10 2011, 11:05 AM
The Acting Director of the Federal Housing Finance Agency (FHFA)
said this week that risk management is not the only relevant consideration in reform...
Thu, Mar 10 2011, 2:56 PM
Foreclosure
filings of all types continued to decline during February, with 225,101 filings of
all types recorded on U.S. properties during the mont...
Wed, Mar 9 2011, 10:17 AM
The MBA's loan application survey covers over
50% of all U.S. residential mortgage loan applications taken by mortgage
bankers, commercial banks, an...
Wed, Mar 9 2011, 9:57 AM
The Department
of Housing and Urban Development was sued this week by
the American Association of Retired Persons (AARP) Foundation Litigation o...
Wed, Mar 9 2011, 9:32 AM
The 27-page document that was sent to major banks last week
by the 50-state group of attorney generals is now publicly available.
The
lette...
Tue, Mar 8 2011, 12:01 PM
Last week the House Financial Services Subcommittee on Insurance, Housing
and Community Opportunity voted to eliminate two programs designed to mitig...
Tue, Mar 8 2011, 11:45 AM
Last
month the U.S. Department of Agriculture (USDA) issued an Administrative Notice
(AN) shifting a portion of the upfront fee it charges for the S...
Mon, Mar 7 2011, 12:41 PM
According to the Wall Street Journal , the 50-state alliance of attorney generals who
are working with federal agencies to investigate and reform ...
Mon, Mar 7 2011, 12:13 PM
Even as the Department of Housing and Urban Development was
publishing an announcement of the program's regulations in the Federal
Register , the...
Mon, Mar 7 2011, 12:04 PM
The Congressional Oversight Panel assessing the impact of
the Troubled Asset Relief Program (TARP) on financial stability is currently holding its
l...
Fri, Mar 4 2011, 11:46 AM
Last
week Fannie Mae announced the Servicer Total Achievement and Rewards Program or
"STAR" which is intended to measure and evaluate the perfor...
Thu, Mar 3 2011, 10:12 AM
The
Departments of Housing and Urban Development (HUD) and Treasury released their Monthly
Housing Scorecard for February on Wednesday afternoon...
Wed, Mar 2 2011, 10:40 AM
The Mortgage Bankers Association (MBA) today
released its Weekly Mortgage Applications Survey for the week
ending February 25, 2011. The results...
Wed, Mar 2 2011, 10:03 AM
In his prepared remarks on the Dapartment of Housing and Urban Development's fiscal year 2012 budget, HUD Secretary Shaun Donovan
yesterday tol...
Wed, Mar 2 2011, 2:47 PM
The
Department of Housing and Urban Development has announced $50 million in
capacity building grants to three national groups that support
affor...
Tue, Mar 1 2011, 12:49 PM
The Census Bureau and Commerce Department have released Construction Spending data for January 2011.
Residential construction spending in...
Tue, Mar 1 2011, 1:41 PM
Treasury Secretary Timothy F. Geithner told the
House Committee on Financial Services today that Congress must tackle reforming
Freddie Mac and ...
Mon, Feb 28 2011, 8:57 AM
The joint Treasury/HUD report to Congress released this month was a
major disappointment to market participants looking for a timely
resolution to...
Mon, Feb 28 2011, 3:08 PM
The National Association of Realtors today released the Pending Home Sales Index for January. The Pending Home Sales
index measures housing...
Mon, Feb 28 2011, 1:17 PM
Fannie Mae's latest National Housing Survey shows that
Americans have markedly changed their perception of homeownership.
The most recent su...
Fri, Feb 25 2011, 11:07 AM
Both
applications for FHA-guaranteed mortgages and FHA endorsements were lower in
January than in the previous month or in January 2010. Lower dema...
Thu, Feb 24 2011, 12:36 PM
Sales
of new single-family houses in January 2011 were at a seasonally
adjusted annual rate of 284,000, according to estimates released jointly
...
Thu, Feb 24 2011, 2:30 PM
Fannie
Mae has announced a new program to measure and evaluate the performance of its
servicers' actions toward helping homeowners avoid foreclo...