Fri, Aug 10 2007, 7:00 AM
...The Federal Reserve also stepped up both Thursday and Friday,
pumping billions into the system. The Fed said it stood ready to provide
emergency ...
Thu, Aug 9 2007, 7:00 AM
Some interesting figures have been released by the Mortgage Bankers
Association which has announced that mortgage application
activity increased 8...
Wed, Aug 8 2007, 7:00 AM
American's are hooked on credit card rewards and
while those that give consumers free airline miles are pretty old hat,
lenders are constantly com...
Fri, Aug 3 2007, 7:00 AM
We don't usually cover the monthly report on pending home sales issued
by the National Association of Realtors� (NAR), concentrating instead on
NAR ...
Thu, Aug 2 2007, 7:00 AM
Mortgage rates continued to ebb and flow within a
narrow range last week; most rates are little changed from where they
were in late July 2006.
...
Wed, Aug 1 2007, 7:00 AM
After two days in which trading was suspended on the basis of
information about margin calls, shares in American Home Mortgage
(AHM) were again pu...
Tue, Jul 31 2007, 7:00 AM
The National Association of Home Builders sponsors an economic
publication for the housing industry which publishes at
HousingEconomics.com. In mid-...
Fri, Jul 27 2007, 7:00 AM
It's been a rough week for the housing market. Homebuilder confidence
is in the gutter, existing home sales fell substantially and the bad news
eman...
Thu, Jul 26 2007, 7:00 AM
There was mixed news on the existing housing front in last month. The
monthly survey by the National Association of Realtors (NAR) � showed the
sal...
Wed, Jul 25 2007, 7:00 AM
In perhaps the only good news in the mortgage and real estate worlds
this week, both long and short term interest rates for the week ended
July 19 b...
Tue, Jul 24 2007, 7:00 AM
...on Tuesday Countrywide reported a 33 percent drop in net income for
the second quarter and announced that payments were delinquent on nearly
24 p...
Mon, Jul 23 2007, 7:00 AM
A lot of people are getting nervous about their mortgages, and some
have real reason to worry as they approach the reset
dates on their adjustable...
Fri, Jul 20 2007, 7:00 AM
The homebuilding industry is obviously in distress. But, in testimony
before the House Financial Services Committee, Federal Reserve Chairman
Ben B...
Thu, Jul 19 2007, 7:00 AM
Short-term adjustable rate mortgages (ARMs) were unchanged during the
last week, but longer term fixed and adjustable rate mortgages did move;
if up...
Wed, Jul 18 2007, 7:00 AM
An otherwise very smart real estate attorney once said to a
friend "Nobody understands dual agency." It seemed like a weird thing for
a lawyer to sa...
Tue, Jul 17 2007, 7:00 AM
At the end of June the five agencies that regulate federally chartered
banks and their subsidiary lending corporations issued final
guidance to th...
Mon, Jul 16 2007, 7:00 AM
Fri, Jul 13 2007, 7:00 AM
It seems that nary a week can pass without a subprime
disaster of some type. This week is no exception although there
was at least a bit of variet...
Thu, Jul 12 2007, 7:00 AM
According to the Freddie Mac Primary Mortgage Market Survey for the
previous week, long term interest rates were down for
the third week in a row....
Wed, Jul 11 2007, 7:00 AM
The Office of the Chief Economist of Freddie Mac issued its monthly
economic outlook for July on Monday and, in the narrative provided a
helpful an...
Tue, Jul 10 2007, 7:00 AM
The Mortgage Bankers Association released the results of two
surveys covering the mortgage world in the second half of 2006 on
Tuesday.
84 lend...
Fri, Jul 6 2007, 7:00 AM
The Federal Reserve Board released the final statement of federal
regulatory agencies on subprime mortgage lending
recently. The release was done ...
Thu, Jul 5 2007, 7:00 AM
Mortgage rates decreased for the second week in a row
according to the results of Freddie Mac's Primary Mortgage Market Survey
for the previous wee...
Thu, Jul 5 2007, 7:00 AM
Another big mortgage corporation has sent out early warning signals
about its financial health in the wake of the virtual
collapse of the subprime...
Tue, Jul 3 2007, 7:00 AM
Every few years there is a calamitous fire high in loss of life that
pushes fire sprinkler systems into the public
discussion. Recently it was the...
Fri, Jun 29 2007, 7:00 AM
A few things have happened in the last few days that may ultimately
ease what many are calling an onrushing foreclosure train
wreck .
While some...
Wed, Jun 27 2007, 7:00 AM
According to Freddie Mac's Primary Mortgage Market Survey for the
previous week, the market has rolled back a small portion of the large
increases i...
Tue, Jun 26 2007, 7:00 AM
The National Association of Realtors can always be depended upon to
put the best face on housing news.
The monthly report on the sales of existin...
Mon, Jun 25 2007, 7:00 AM
Fri, Jun 22 2007, 7:00 AM
The Harvard Joint Center for Housing Studies recently released its
annual State of the Nation's Housing report for 2007. It is
dismal reading.
...
Wed, Jun 20 2007, 7:00 AM
Interest rates as reported by Freddie Mac and those
published by the Mortgage Bankers Association (MBA) diverged sharply for
the week ending June 1...
Tue, Jun 19 2007, 7:00 AM
Two measures of the housing market were released this
week and each shows that, at best, builders are remaining cautious; at
worst they are showin...
Fri, Jun 15 2007, 7:00 AM
On Tuesday RealtyTrac released some pretty scary
numbers relating to foreclosures .
Results of the quarterly National Delinquency Survey conduc...
Thu, Jun 14 2007, 7:00 AM
We recently ran across this add on Craigslist:
" BORROW SOMEONE'S CREDIT SCORE WHILE WE FIX
YOURS
You heard me... I'll get your score up to...
Wed, Jun 13 2007, 7:00 AM
Mortgage rates continued to climb during the week
ended June 7 according to the results of Freddie Mac's Primary Mortgage
Market Survey.
Frank N...
Tue, Jun 12 2007, 7:00 AM
We said several weeks ago that a big believer in the value of Second
Life real estate is the very grounded-to-earth firm of Coldwell
Banker . We ...
Mon, Jun 11 2007, 7:00 AM
Two days, two economic forecasts; the first which we reported on
earlier from the National Association of Realtors (NAR) showed a rapid
deterioratio...
Fri, Jun 8 2007, 7:00 AM
The National Association of Realtors has backpedaled
on previous housing forecasts with it U.S. Economic Outlook report for
June released on Wedne...
Thu, Jun 7 2007, 7:00 AM
As the problems with subprime mortgages continue to work through the
system, GreenPoint Mortgage , a subsidiary of
Capital One Financial has anno...
Wed, Jun 6 2007, 7:00 AM
Longer term mortgage rates hit 2007 highs during last
week according to the results of Freddie Mac's Primary Mortgage Market
Survey. With the exce...
Tue, Jun 5 2007, 7:00 AM
Flips are beginning to crowd the market as home sales slow. Investors
who mistimed the market are finding that it is taking
much longer than they ...
Fri, Jun 1 2007, 7:00 AM
It's not exactly like waiting for Christmas or the first day of summer
vacation, but we do look forward to the release of our favorite housing
repor...
Thu, May 31 2007, 7:00 AM
Wed, May 30 2007, 7:00 AM
Maybe it is just temporary, but it looks like the worm - that is the
mortgage interest rate version of it - has finally
turned.
Freddie Mac's P...
Tue, May 29 2007, 7:00 AM
There is some additional news and a bit of a sidebar to the story
about the 60 Minutes feature on Redfin a week or so ago
and the strong reaction ...
Fri, May 25 2007, 7:00 AM
Thu, May 24 2007, 7:00 AM
According to Frank Nothaft , vice present and chief
economist of Freddie Mac, "Mortgage rates inched up this week following
the Federal Open Market...
Wed, May 23 2007, 7:00 AM
Never underestimate Sir Richard Branson .
The mega-millionaire Brit has been an innovator from the beginning of
his career and now it is hard to r...
