Thu, Feb 24 2011, 2:01 PM
Despite
a sizeable drop in the fourth quarter, sales of foreclosed properties again
accounted for over a quarter of all single-family home sales in ...
Wed, Feb 23 2011, 12:10 PM
The Federal Deposit Insurance Corporation (FDIC) has reminded the country that February 20-27th is "America Saves Week".
Savings enable consumers...
Wed, Feb 23 2011, 9:36 AM
The Mortgage Bankers Association (MBA) today
released its Weekly Mortgage Applications Survey for the week
ending February 11th, 2011.
"Ongo...
Wed, Feb 23 2011, 3:31 PM
The uptrend in existing-home sales continues, with January sales rising
for the third consecutive month with a pace that is now above year-ago
lev...
Wed, Feb 23 2011, 2:16 PM
Despite the current political focus on reforming the housing
finance market, the Acting Director of the Federal Housing Finance Agency
(FHFA) told...
Tue, Feb 22 2011, 12:36 PM
Last week the FHA announced
it would increase annual mortgage insurance premiums by 0.25% to
"bolster capital reserves", effective for case nu...
Tue, Feb 22 2011, 12:26 PM
The S&P/Case Shiller Home Price Indices, which track home prices
throughout the U.S. on a two-month lag, declined 3.9 percent during the fourth quar...
Fri, Feb 18 2011, 12:48 PM
Americans
are increasingly turning away from variable rate mortgage products when
refinancing according to the Quarterly Product Transition Report...
Fri, Feb 18 2011, 11:01 AM
The
Department of Housing and Urban Development (HUD) has premiered a quarterly publication
that will highlight policy-relevant research for policy ...
Thu, Feb 17 2011, 11:38 AM
The
House Financial Services Committee conducted hearings on Wednesday on
Government Barriers to the Housing Market Recovery, hearing from speakers
...
Thu, Feb 17 2011, 1:44 PM
There was a lot of good news in the Fourth Quarter National
Delinquency Study released by the Mortgage Bankers Association (MBA)
Thursday. First, t...
Wed, Feb 16 2011, 10:27 AM
The Market Composite Index, a measure of
mortgage loan application volume, decreased 9.5 percent on a seasonally
adjusted basis from one week earlie...
Wed, Feb 16 2011, 9:00 AM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for January 2010....
Tue, Feb 15 2011, 12:17 PM
The
nation's homebuilders are still seeing a lot of dark tunnel ahead judging by their
responses in the most recent survey of attitudes about the ho...
Tue, Feb 15 2011, 10:14 AM
U.S. Department of Housing and Urban Development (HUD) Secretary Shaun
Donovan has released HUD's 2012 Fiscal Year budget request.
The late...
Mon, Feb 14 2011, 11:37 AM
Federal
Reserve Governor Sarah Bloom Raskin called out housing finance players in a
speech on Friday, reminding them of the "low road" they traveled...
Mon, Feb 14 2011, 10:42 AM
The Departments of Housing and Urban Development (HUD) and
Veterans Affairs (VA) have cooperated on another initiative toward their mutual
interest ...
Mon, Feb 14 2011, 3:00 PM
WASHINGTON – As part of ongoing efforts to strengthen the Federal Housing Administration’s (FHA) capital reserves, FHA
Commissioner David H. Stevens...
Fri, Feb 11 2011, 12:38 PM
If you've been keeping up with housing headlines over the past month
you've probably felt a bit overwhelmed by all the different perspectives
and ...
Fri, Feb 11 2011, 8:42 AM
The long-awaited report on the future of housing finance has been released by the Obama Administration.
Below is the presser....
I highlight...
Thu, Feb 10 2011, 11:37 AM
The
House Capital Markets Subcommittee held a hearing on Wednesday on reforming
Fannie Mae and Freddie Mac. Testimony
came from representatives of...
Thu, Feb 10 2011, 9:15 AM
January may
have been the beginning of a new year, but some things never change. America
remains in the throes of a foreclosure epidemic for the fou...
Thu, Feb 10 2011, 3:22 PM
Reuters has shared a sneak peek at the Obama Administration's GSE Reform White Paper, which is due tomorrow. Here are the headlines that just flashed...
Wed, Feb 9 2011, 12:25 PM
Was an
increase in foreclosures an unintended consequence of the passage of bankruptcy
reform? Following the implementation of
bankruptcy abuse re...
Wed, Feb 9 2011, 10:24 AM
The Mortgage Bankers Association (MBA) today released its Weekly
Mortgage Applications Survey for the week ending February 4th, 2011.
The Refina...
Tue, Feb 8 2011, 1:49 PM
Jeffrey
M. Lacker, President of the Federal Reserve Bank of Richmond and a voting member of the FOMC, told a University
of Delaware audience that, w...
Mon, Feb 7 2011, 1:25 PM
The new
Chairman of the House Financial Services Subcommittee on Capital Markets and
Government-Sponsored Enterprises has invoked what he called "Th...
Thu, Feb 3 2011, 12:19 PM
The Federal Housing
Finance Agency (FHFA) has issued proposed rules regarding private transfer fees on
properties securing mortgages intended for sa...
Wed, Feb 2 2011, 9:45 AM
The Mortgage Bankers Association (MBA) today released its Weekly
Mortgage Applications Survey for the week ending January 28,
2011. The Market ...
Wed, Feb 2 2011, 3:27 PM
Citing the
limited benefits of proceeding with it and the potential compliance difficulties that would arise from it,
the Federal Reserve Board had ...
Wed, Feb 2 2011, 1:37 PM
HUD's definition of Worst Case Housing Needs (WCN):
unassisted very low-income renters who either (1) pay more than one-half
of their monthly i...
Tue, Feb 1 2011, 12:46 PM
The U.S.
Departments of Treasury and Housing and Urban Development (HUD) have jointly issued
the January Housing Scorecard . The Scorecard is ...
Tue, Feb 1 2011, 3:24 PM
The Federal Reserve Bank periodically conducts a survey among
senior loan officers at major banks on current lending practices. There are
generally ...
Tue, Feb 1 2011, 1:20 PM
Considerable uncertainty surrounds the recently postponed issuance of
the mortgage securitization regulations required by the Dodd-Frank Act
(DFA)...
Mon, Jan 31 2011, 11:09 AM
President Obama gave the State of the Union Address last Tuesday. You either loved it or hated it.
Supporters
say he inspired a feeling of ...
Mon, Jan 31 2011, 3:10 PM
The Census Bureau has released its survey of Residential
Vacancies and Homeownership for the fourth quarter of 2010.
Homeowner Vacany an...
Fri, Jan 28 2011, 10:42 AM
This week we discussed the outlook for home prices and shared
perspective on whether or not now is a good time to buy. This is the
best guidance w...
Thu, Jan 27 2011, 11:13 AM
Pending home sales improved further in December, marking the fifth gain
in the past six months, according to the National Association of
Realtors®...
Thu, Jan 27 2011, 2:43 PM
Another party, this time from the progressive side of the
debate, has chimed in with its prescription for reforming the nation's housing
finance sys...
Wed, Jan 26 2011, 12:05 PM
Month over month gains look large relative to recent months. This is a positive from a "here and now" perspective. But when we zoom out and see the bi...
Wed, Jan 26 2011, 9:49 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending January 21, 2011. The Market Compos...
Wed, Jan 26 2011, 9:40 AM
Moody's believes that major reforms are unlikely to be adopted until after the 2012 presidential election and that it is likely changes will be phased...
Wed, Jan 26 2011, 3:31 PM
The Mortgage Bankers Association has a full plate of legislative priorities for 2011. Chief among these is influencing the hundreds of regulations ar...
Tue, Jan 25 2011, 3:38 PM
November figures released by Case Shiller show a pattern of decreasing growth in home prices. A spokesman for Standard &Poor's said that a double-dip...
Mon, Jan 24 2011, 12:58 PM
Not too many folks disagree with calls for much needed GSE Reform, but there is a disparity among the urgency of these outcries.
Mon, Jan 24 2011, 4:04 PM
The American Enterprise Institute has come forward with its proposal for reforming the housing finance system which advocates taking the government to...
Fri, Jan 21 2011, 11:55 AM
Two academics have suggested an alternative mortgage designed to cut strategic defaults by allowing for the periodic readjustment of the mortgage bala...
Thu, Jan 20 2011, 11:37 AM
HUD has announced $1.4 billion in grants for homelessness programs in all 50 states. The grants, destined for over 6700 programs, are are all continu...
Thu, Jan 20 2011, 2:17 PM
Existing-home sales rose sharply in December, when sales increased for the fifth time in the past six months, according to the National Association of...
Wed, Jan 19 2011, 11:34 AM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for December 2010.
