Wed, Jun 25 2014, 12:11 PM
The
Office of Inspector General for the Federal Housing Finance Agency (OIG-FHFA)
has completed an evaluation of how well FHFA oversees Freddie Mac ...
Wed, Jun 25 2014, 9:14 AM
Mortgage Applications slowed for the second straight time last week but
the loss was modest compared to the 9.2 percent plunge during the week that...
Tue, Jun 24 2014, 12:56 PM
The U.S.
foreclosure inventory rate dropped below 2 percent in May for the first time
since the summer of 2008 . The rate,
which reflects the p...
Tue, Jun 24 2014, 11:25 AM
New home sales rose at the fastest pace in more than 20 years last month, hitting levels not seen since 2008. The Census
Bureau and the Department...
Tue, Jun 24 2014, 10:36 AM
Depending on which report you read this morning - that from
Case-Shiller or from the Federal Housing Finance Agency (FHFA), home
prices in
April ...
Tue, Jun 24 2014, 1:25 PM
RealtyTrac reports a very large increase
in the median price of a home sold in the U.S. in May compared to the median
price in April. There was a...
Mon, Jun 23 2014, 11:20 AM
There were some healthy signals from the
existing home market in May, as sales rose strongly and price growth
moderated. The National Association...
Mon, Jun 23 2014, 3:24 PM
Almost one year ago Mark Palim, Fannie
Mae's Vice President of Applied Economic and Housing Research, analyzed what impact rising
rates might hav...
Mon, Jun 23 2014, 1:50 PM
Home price are again approaching the high point they
reached in 2006, before the bottom fell out of the housing market. Black Knight in its Home P...
Fri, Jun 20 2014, 12:35 PM
The balance
between loans originated for purchase and for refinancing shifted further
toward the purchase side in May according to the Ellie Mae ...
Fri, Jun 20 2014, 11:31 AM
As we noted last week the Consumer
Financial Protection Bureau (CFPB) and the Federal Reserve have scheduled a series
of web seminars on implementat...
Fri, Jun 20 2014, 5:19 PM
Look up into any window of the closest apartment building and odds
are you'll see someone living there. National apartment occupancy in May
soared...
Thu, Jun 19 2014, 11:51 AM
As
a rule, it isn't good when economists use words like "sluggish" and "lackluster,"
the very terms that crept into the opening paragraph of Fredd...
Thu, Jun 19 2014, 2:37 PM
A housing industry that remains
focused on originating safe primary mortgages may be overlooking a new purchase
money niche "ready for the tapping...
Wed, Jun 18 2014, 12:29 PM
Information
from the California Association of Realtors (C.A.R.) on Tuesday echoing the
trend if not the absolute numbers of data released last we...
Wed, Jun 18 2014, 12:16 PM
SunTrust Mortgage, has agreed to pay a total of nearly $1 billion to settle
various complaints alleging abuses in mortgage origination, servicing, ...
Wed, Jun 18 2014, 9:00 AM
There was a significant drop in mortgage applications, especially for
refinancing, during the week ended June 13 the Mortgage Bankers Association
...
Tue, Jun 17 2014, 11:19 AM
Building permits were issued in May at a
rate that was 6.4 percent lower than that of April and housing starts also fell. Housing completions were u...
Tue, Jun 17 2014, 5:12 PM
The Department of Housing and Urban
Developments Office of Inspector General (HUD-OIG) has submitted its semi-annual
report of its activities to Con...
Mon, Jun 16 2014, 10:36 AM
The National Association of Home Builders (NAHB)/Wells
Fargo Housing Market Index narrowed the gap with positive territory this month
with a jump o...
Mon, Jun 16 2014, 9:50 AM
Do mortgage lenders and real estate
agents need to form a "truth squad" to combat misconceptions about
homeownership? Freddie Mac's vice presiden...
Mon, Jun 16 2014, 2:24 PM
The House Financial Services Committee
(FSC) Oversight and Investigations Subcommittee appears to be picking up the
pace in its investigation of all...
Fri, Jun 13 2014, 12:42 PM
Sales of new and existing homes in the
previously superheated California market slid again in May. Sales totaled 37,734 houses and condos
statewi...
Fri, Jun 13 2014, 11:25 AM
New homes sales posted a loss in May, erasing the 5 percent gain made in
April. The Mortgage Bankers Association
(MBA) estimated that new single-fa...
Fri, Jun 13 2014, 3:10 PM
A whole generation of young Americans seem to have
adopted a set of priorities quite different from those of their elders. Millennials or Generati...
Thu, Jun 12 2014, 10:57 AM
Lenders, settlement agents, and others who are
affected by the new TILA-RESPA Integrated Disclosures Rule may wish to note the
first in a series of...
Thu, Jun 12 2014, 2:00 PM
The Mortgage Bankers Association is
reporting a net per-loan loss was suffered by those independent mortgage banks and mortgage subsidiaries of
ch...
Wed, Jun 11 2014, 9:58 AM
Mortgage
applications surged by 10.3 percent during the week ended June 6. The Mortgage Bankers Association (MBA) said
its Market Composite Index...
Wed, Jun 11 2014, 3:38 PM
The first quarter 2014 report of the National
Mortgage Licensing System (NMLS) released today states there were 15,246
entities that held a total of...
Tue, Jun 10 2014, 1:32 PM
Foreclosure activity dipped
significantly in May RealtyTrac reported on Tuesday with a decrease of 5
percent in foreclosure filings compared to th...
Tue, Jun 10 2014, 1:12 PM
A bill modifying the definition of
points and fees under the Truth in Lending Act passed the House of
Representatives yesterday on a voice vote.
...
Mon, Jun 9 2014, 12:28 PM
No
matter how the results of Fannie Mae's National Housing Survey for May are
interpreted, it is hard to see them as good short terms news for the...
Mon, Jun 9 2014, 10:48 AM
In November 2012 then Federal Reserve
Board Chairman Ben Bernanke told an audience attending a HOPE Now event in
Atlanta that there were two types o...
Fri, Jun 6 2014, 10:18 AM
Among
Mel Watts first acts as Director of the Federal Housing Finance Agency (FHFA)
in January 2014 was to suspend implementation of increases in...
Thu, Jun 5 2014, 10:53 AM
U.S. homeowners continue to regain
the equity in their homes which was lost in massive amounts during the housing
crisis that began in 2007 and 20...
Thu, Jun 5 2014, 10:45 AM
Mortgage credit was marginally more
available in May than it was in April the Mortgage Bankers Association (MBA) said
today. Its Mortgage Credit Av...
Wed, Jun 4 2014, 8:55 AM
Mortgage application activity retreated again during the
holiday-shortened week ended May 30. The
Mortgage Bankers Association (MBA) said that mo...
Wed, Jun 4 2014, 1:38 PM
The American view of the financial importance
of homeownership and awareness of the sacrifices it can entail appear to be
shifting according to re...
Tue, Jun 3 2014, 11:01 AM
The Census Bureau recently introduced a
new on-line interactive graphic which interprets annual data from the Bureau's Survey
of Construction . Th...
Tue, Jun 3 2014, 10:49 AM
Home prices posted a 26th consecutive month of
year-over-year increases in April on the CoreLogic Home Price Index (HPI) Prices nationwide, includ...
Mon, Jun 2 2014, 2:30 PM
The Census Bureau said today that the
value of all construction put in place in April was up slightly from March and
8.6 percent above totals in A...
Mon, Jun 2 2014, 1:25 PM
According to The Wall Street Journal Wells Fargo Mortgage
is revamping its home equity line of credit loans (HELOCs) to eliminate the
interest ...
Mon, Jun 2 2014, 1:14 PM
Prepayment rates, an indicator of
refinancing activity, increased slightly in April, the second consecutive monthly
increase, as interest rates decl...
Fri, May 30 2014, 12:25 PM
In a poll of 31 property analysts Reuters
news agency found consensus that the growth of house prices in the U.S. has
peaked and that further incr...
Thu, May 29 2014, 10:02 AM
Pending home sales in April rose
above those in the previous period for the second month in a row. The National Association of Realtors® said
that ...
Thu, May 29 2014, 9:51 AM
Data released this morning by RealtyTrac
indicate a more widespread recovery in home prices than has been evident from
other data sources. It is ...
Thu, May 29 2014, 3:19 PM
April
saw a further improvement in late stage foreclosure activity CoreLogic reported
on Thursday. Both completed foreclosures
and the number of p...
Thu, May 29 2014, 1:47 PM
RealtySouth, the largest real estate firm in Alabama, was ordered to pay a
half-million dollar penalty this week for failing to provide consumers w...
Thu, May 29 2014, 1:31 PM
Real estate agents will soon be able
to negotiate terms of a short sale directly with Fannie Mae rather than
communicating through servicers. Thi...
Thu, May 29 2014, 1:25 PM
Refinancing fell from 40 percent of
residential mortgage originations in March to 37 percent in April Ellie Mae
said today. This was the lowest ...
