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) ...
Fri, May 14 2010, 8:25 AM
Equity futures are sharply lower this morning ahead of several key data points for the U.S. “The whiff of uncertainty is still in the air on this Frid...
Thu, May 13 2010, 11:47 AM
Foreclosure activity in April dipped from earlier monthly and yearly figures. A dramatic drop in initial filings and surge in bank repossessions may ...
Thu, May 13 2010, 9:33 AM
HUD Secretary Shawn Donovan told his staff on Wednesday that the agency's new strategic plan and its five associated goals will serve to carry the age...
Thu, May 13 2010, 8:11 AM
Equity futures suggest sentiment is mixed ahead of the open on Thursday after a broad and steady climb in the markets yesterday pushed the S&P 500 up ...
Thu, May 13 2010, 3:24 PM
In another move to smooth the flow of information and improve the rate of temporary to permanent loan modifications, HUD has opened a new web port to ...
Wed, May 12 2010, 10:57 AM
The removal of government funded homebuyer incentives is forcing loan originators, realtors, and builders to produce new promotion strategies and mode...
Wed, May 12 2010, 8:49 AM
The global stock market is relatively benign this morning, and domestic stocks look to open firmer, after Euro zone Q1 GDP rose 0.2% in the quarter, s...
Wed, May 12 2010, 3:17 PM
The Acting Director of FHFA told a senate committee on Monday that forcing the GSEs and FHLBanks to participate in the proposed Financial Recovery Fee...
Tue, May 11 2010, 12:43 PM
Michael Fratantoni, MBA's Vice President of Research and Economics added, "The severity and duration of the most recent downturn far exceeds what we h...
Tue, May 11 2010, 8:10 AM
The broad stock market rally from yesterday appears to have fizzled out this morning, as equity futures are looking sharply lower ahead of a quiet dat...
Tue, May 11 2010, 4:27 PM
While sales were down from the tax-credit fueled pace of Q4, the National Association of Realtors' latest sales survey shows an increase of median hom...
Mon, May 10 2010, 12:48 PM
Fannie Mae has reported First Quarter 2010 Earnings Results. The government-sponsored enterprise, lost $11.5 billion in the first quarter compared wit...
Mon, May 10 2010, 11:15 AM
Fannie Mae's Book of Business increased substantially in March, reflecting the purchase of delinquent loans from MBS trusts that have not yet be liqui...
Mon, May 10 2010, 8:41 AM
Stocks are trading much higher overseas and equity futures look to open sharply higher in the US as global support for the European debt problem grew ...
Fri, May 7 2010, 8:08 AM
After an insane day in the stock market yesterday, which saw the Dow fall by nearly 1,000 points, or 9.2%, before rebounding and closing with a loss o...
Fri, May 7 2010, 1:28 PM
A Federal Reserve Bank of Atlanta working paper examines the relationship between financial literacy and subprime mortgage delinquencies. They found ...
Thu, May 6 2010, 7:53 AM
Volatility in the US stock market hit a three-month high yesterday as the benchmark S&P 500 has shed 3% in the past two trading days. Equity futures h...
Thu, May 6 2010, 2:29 PM
After three quarters in which it managed to be more or less self-sufficient, Freddie Mac released its financial reports for the first quarter of 2010 ...
Wed, May 5 2010, 11:28 AM
"Purchase application activity continued to increase in the last week of the homebuyer tax credit program, driven by significant increases in both co...
Wed, May 5 2010, 8:15 AM
US equities look to open lower as bad news from Europe continues to dominate the headlines. The latest is that European Central Bank council member Ax...
Wed, May 5 2010, 5:00 PM
What a day. What a week. What a month. Much as happened recently to distract the bond market from it's core strategic motivations. I think we need t...
Tue, May 4 2010, 10:05 AM
Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring home buying season. The Pending Home Sal...
Tue, May 4 2010, 8:11 AM
European concerns won’t go away. Investors remain focused on the Greek rescue package and what it means for the rest of the Eurozone, and that’s setti...
Tue, May 4 2010, 1:19 PM
The April Senior Loan Officers Survey conducted by the Federal Reserve revealed that most of the banks surveyed are holding steady on loan standards a...
Mon, May 3 2010, 10:49 AM
Homebuilders involved in remodeling are increasingly encouraged about present and future market conditions according to the most recent date released ...
Mon, May 3 2010, 8:24 AM
Overseas stock markets are mostly in the red this morning, but equity futures at home are pointing to a strong open head of spending, manufacturing, a...
Mon, May 3 2010, 2:21 PM
According to the Monthly Volume Summary issued by Freddie Mac, the mortgage related investment portfolio skyrocketed, increasing by an annualized rate...
Fri, Apr 30 2010, 11:29 AM
All of the top 20 metropolitan areas in terms of foreclosure activity are located in only four states according to a report released today by RealtyTr...
Fri, Apr 30 2010, 8:19 AM
Equity futures are modestly higher this morning as investors anticipate the latest developments from Greece as well as three key domestic data release...
Thu, Apr 29 2010, 8:16 AM
Stocks continue to inch upwards this morning as European concerns ease. The Fed’s commitment yesterday to keep monetary policy at “exceptionally low l...
Thu, Apr 29 2010, 4:33 PM
Treasury Secretary Geithner today appeared before the Senate Financial Services and General Govt. Subcommittee. He made the following statement: "I w...
Thu, Apr 29 2010, 4:24 PM
The House Financial Services Committee approved a request by the Federal Housing Administration (FHA) to raise the ceiling on annual FHA mortgage insu...
