Mon, Jun 14 2010, 2:07 PM
There are four housing indexes that the country looks to for information on the state of the market. According to a report from Standard & Poors (S&P...
Fri, Jun 11 2010, 11:33 AM
In a joint statement last week, Veterans Administration (VA) Secretary Eric K. Shinseki and Housing and Urban Development (HUD) Secretary Shaun Donova...
Fri, Jun 11 2010, 8:24 AM
Ahead of what should be a busy day in the markets, equity futures are looking to build upon the broad-based surge on Thursday. Ninety minutes before t...
Thu, Jun 10 2010, 12:39 PM
The good news is it seems like the worst is behind us in terms of new defaults. Plus the modest decline in newly scheduled auctions helps out housing ...
Thu, Jun 10 2010, 8:30 AM
Stocks are likely to open sharply higher this morning as a strong global session, China excluded, leads the way into positive territory. Ninety minute...
Thu, Jun 10 2010, 6:22 PM
The House of Representatives has just approved by a 406-4 vote the Federal Housing Administration Reform Act, a law designed to shore up the finances ...
Wed, Jun 9 2010, 11:39 AM
Purchase and refinance applications dropped this week, even after an adjustment for the Memorial Day holiday. Purchase applications are now 35 percen...
Wed, Jun 9 2010, 11:29 AM
FDIC Chairperson Sheila Barr told a group of non-profit housing developers Monday that the government needs to temper its focus on home ownership to a...
Wed, Jun 9 2010, 8:16 AM
Global markets were mixed overnight but domestic stock futures are higher as investors wait for the latest economic assessment from Federal Reserve ch...
Wed, Jun 9 2010, 3:47 PM
The Beige Book is a compilation of anecdotal information and data on current economic conditions across the country. The findings are NOT THE VIEWS OF...
Tue, Jun 8 2010, 12:06 PM
Fitch Ratings Performance Metrics for May show continued declines in delinquency rates for both subprime and Alt-A RMBS, but a slight increase in the ...
Tue, Jun 8 2010, 8:26 AM
No U.S. data will hit the markets this morning. Some of the positive sentiment stems from comments from Federal Reserve chairman Ben Bernanke, who las...
Mon, Jun 7 2010, 8:34 AM
Markets are Friday sold off on a weak employment report. Prices worsened throughout the day on fears that Hungary ― which announced a larger-than-expe...
Fri, Jun 4 2010, 8:10 AM
Investors are timid ahead of the U.S. employment report for May. The numbers are supposed to be broadly positive, but an hour before the report, equit...
Fri, Jun 4 2010, 1:09 PM
FHA Commissioner David Stevens has restated some of the recent changes the agency has made to condominium approvals, net worth requirements for FHA le...
Thu, Jun 3 2010, 8:08 AM
Stock futures this morning look to continue the broad rally which pushed the Dow up by 225 points yesterday.
More than two hours before the openin...
Wed, Jun 2 2010, 10:30 AM
April data is fine and dandy but it was expected that housing demand would improve as homebuyers rushed to take advantage of the tax credit before it ...
Wed, Jun 2 2010, 8:19 AM
Ninety minutes before the opening bell, Dow futures are up 47 points to 10,066 and S&P 500 futures are up 5.25 points to 1,074.75. The 2-year Treasury...
Wed, Jun 2 2010, 3:14 PM
With another week of historically low mortgage rates, the trend from the prior three weeks continued, as refinance applications increased while purcha...
Wed, Jun 2 2010, 3:06 PM
A Federal Reserve economist told an audience recently that housing finance reform, driven by the necessity of resolving the Freddie/Fannie situation, ...
Wed, Jun 2 2010, 1:13 PM
The Federal Reserve, The Federal Deposit Insurance Corporation, The Office of Thrift Supervision, and The Office of Comptroller of the Currency have r...
Tue, Jun 1 2010, 11:23 AM
Total construction spending rose for the second straight month in April and recorded the best monthly improvement seen since August 2000, according to...
Tue, Jun 1 2010, 8:10 AM
The Week Ahead: ISM Manufacturing Index, Construction Spending, Pending Home Sales Index, ADP Employment Report, Initial Jobless Claims, Productivity ...
Tue, Jun 1 2010, 5:14 PM
Data provided in a report by Lender Processing Services shows that delinquency rates overall are improving but those loans termed seriously delinquent...
Thu, May 27 2010, 12:54 PM
HUD Secretary Shaun Donovan presented the details of a new rental assistance program to members of Congress on Tuesday. The program is part of the Pr...
Thu, May 27 2010, 8:10 AM
Equity markets dropped at the final hour yesterday when news reports indicated that China was reluctant to buy European debt. This morning the reverse...
Thu, May 27 2010, 3:27 PM
The Federal Home Finance Agency is opening a 45 day public comment period on new rules to establish a framework for setting Federal Home Bank Loan hou...
Wed, May 26 2010, 11:55 AM
Bank foreclosure activity is putting more distressed inventory on the market and making it harder for appraisers to justify their choice of comps. It'...
Wed, May 26 2010, 8:29 AM
With the OECD upgrading its global outlook for 2010 and 2011 growth, investor confidence is back on track this morning. Equities are trading much high...
Wed, May 26 2010, 2:33 PM
FHFA Director Ed DeMarco said that the study found that Fannie Mae and Freddie Mac remain "critical supervisory concerns." While the two government s...
Tue, May 25 2010, 10:28 AM
The Federal Home Loan Finance Agency has announced plans for new data standards and an electronic portal for uniform collection and submission of appr...
Tue, May 25 2010, 7:39 AM
U.S. equities are indicated lower and the flight to safety is back in style after stock markets sold off around the world in the overnight session. Co...
Tue, May 25 2010, 3:38 PM
The big question everyone is asking: The Home Buyer Tax Credit Has Expired. Will Home Sales Improve, Contract, or Go Sideways?
Tue, May 25 2010, 3:30 PM
Thrift institutions in the U.S. posted the third consecutive quarter of profitability according to data released on Monday by the Office of Thrift Sup...
Mon, May 24 2010, 8:47 AM
Housing data, the secondary marketing conference in New York, Treasury auctions, plenty of Fed speak, revisions to 1Q GDP, Durable Goods, and Consumer...
Mon, May 24 2010, 3:16 PM
Existing-home sales rose again in April with buyers motivated by the tax credit, improving consumer confidence and favorable affordability conditions,...
Fri, May 21 2010, 8:39 AM
Equity futures continue sliding this morning after the stock market was dealt a crushing blow yesterday. The S&P 500 dropped 3.9% ― it’s biggest one-d...
Fri, May 21 2010, 3:56 PM
Risk retention legislation will affect mortgage loan pricing in a
negative way. It will force mortgage bankers and wholesalers to
accumulate more ...
Thu, May 20 2010, 8:25 AM
The stock market is indicated lower this morning as investors remain weary about Europe’s debt crisis. Overnight, Japanese GDP rose at a slower-than-...
Thu, May 20 2010, 4:37 PM
An MBA official told a House Veterans Affairs subcommittee that VA, FHA, and other government guaranteed loans should be exempted from proposed loan r...
Thu, May 20 2010, 2:22 PM
In a letter for the New York State Attorney General Today, Activity FHFA Director DeMarco announced that his agency is modifying the enforcement porti...
Wed, May 19 2010, 11:50 AM
The industry's worst fears might be coming true. Regardless of record levels of affordability (reset home prices and mortgage rates below 5.00%), purc...
Wed, May 19 2010, 8:21 AM
Investors across the globe are selling stocks after Germany announced it was banning naked short selling of credit default swaps, plus certain euro ar...
Wed, May 19 2010, 3:28 PM
Jay Brinkmann, Chief Economist for MBA says, "The issue this quarter is that the seasonally adjusted delinquency rates went up while the unadjusted ra...
Tue, May 18 2010, 8:19 AM
As global support continues to grow for Greece, nerves are calming and investors are willing to buy again. Overnight, Greece received a €14.5 billion ...
Tue, May 18 2010, 3:28 PM
The uptick in Housing Starts was expected as last minute buyers rushed to finalize sales contracts before the homebuyer tax credit expired on April 30...
Tue, May 18 2010, 1:07 PM
The number of homeowners who completed HAMP's mandatory 90 day trial period and were converted into permanent load modification status rose 68,000 to ...
Mon, May 17 2010, 9:03 AM
The key sector this week is housing, as data on new construction and homebuilder confidence are each expected to suggest recent progress. Meanwhile, s...
Mon, May 17 2010, 1:58 PM
Builder confidence in the market for newly built, single-family homes rose for a second consecutive month in May to its highest point since August 200...
Fri, May 14 2010, 11:17 AM
Moody's Investors Service said the foreclosures and delinquencies have risen significantly in the portfolios of state Housing Finance Agencies (HFAs) ...
