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 ...
Wed, May 28 2014, 12:02 PM
Freddie Mac's new Multi-Indicator Market
Index (MiMi) continues to show a weak housing market overall. The national MiMi value is flat compared to...
Wed, May 28 2014, 8:48 AM
Despite
interest rates falling to levels last seen almost a year ago, mortgage
application volume retreated slightly after three weeks of iimprove...
Tue, May 27 2014, 12:06 PM
All three home price surveys released this morning showed
prices increased in March, a more moderate improvement than in previous months in
some c...
Fri, May 23 2014, 11:36 AM
The U.S. Census Bureau
and the Department of Housing and Urban Development said today that the sales
of new single family homes in April were at a s...
Thu, May 22 2014, 12:45 PM
Mortgage
banks had what the Mortgage Bankers Association (MBA) termed "respectable"
production profits in 2013 , even though they were dramatically...
Thu, May 22 2014, 11:21 AM
There were stirrings of a spring market
in April as both existing home sales and the inventory of available homes
increased. The National Associati...
Thu, May 22 2014, 10:47 AM
While prepayment rates have plummeted
since last year they did show some signs of life in April Black Knight
Financial Services said today. While...
Wed, May 21 2014, 10:57 AM
Along with a recent rise in bank owned
real estate the foreclosure crisis drags on in the form of increasingly long
timelines for completing the for...
Wed, May 21 2014, 8:47 AM
It was only by a fraction, but mortgage
application activity was up for the third straight time during the week ended
May 16. The Mortgage Banker...
Wed, May 21 2014, 2:20 PM
Federal Reserve officials discussed rate hike procedures at a joint meeting, but agreed the discussion does not signal rate action is coming soon. ...
Tue, May 20 2014, 12:27 PM
It
has been a tough few years for real estate agents but according to information
released by the National Association of Realtors (NAR) that appear...
Tue, May 20 2014, 10:50 AM
There are several interrelated factors
which have led to a recent increase in the number of bank-owned properties (REO)
nationally. While most me...
Tue, May 20 2014, 9:52 AM
Sales, prices, and inventories all
showed some signs of life in April.
Redfin said today that median home prices were up in all markets on an
an...
Mon, May 19 2014, 10:38 AM
According to officials familiar with the matter, Shaun Donovan will be leaving the secretary position at
the Department of Housing and Urban Devel...
Mon, May 19 2014, 1:24 PM
Freddie
Mac's economists used this month's Economic and Housing Market Outlook to look
at three areas of supply and demand.
Analyzing each, they s...
Mon, May 19 2014, 1:10 PM
David H. Stevens, President of the Mortgage
Bankers Association (MBA) told members attending the organization's annual
convention in New York today ...
Fri, May 16 2014, 11:56 AM
Both residential permitting and housing
starts increased in April although housing completions lagged behind those in
March the Census Bureau and th...
Fri, May 16 2014, 9:22 AM
The California Association of Realtors
(C.A.R.) said on Thursday that the state's housing market is showing "true
signs of improvement." The marke...
Thu, May 15 2014, 10:56 AM
The increase in bank repossessions
or completed foreclosures in April even as other foreclosure statistics
declined may indicate that the housing cr...
Thu, May 15 2014, 2:05 PM
S 1217, the Johnson-Crapo housing reform
bill passed the
Senate Banking Committee today.
Committee chairman Tim Johnson (D-SD) had hoped to sen...
Thu, May 15 2014, 2:03 PM
The National Association of Home Builders (NAHB)/Wells
Fargo Housing Market Index (HMI) fell one point in May to 45 from the April reading
which was...
Wed, May 14 2014, 10:16 AM
Nearly two-thirds of all new and
existing homes sold during the first quarter of 2014 were termed "affordable"
by the National Association of ...
Wed, May 14 2014, 8:55 AM
Mortgage
applications activity rallied slightly for the second consecutive time during
the week ended May 9. The Mortgage
Bankers Association (M...
Wed, May 14 2014, 3:14 PM
The
Federal Housing Administration (FHA) says that qualified buyers are currently underserved
by the housing market. The economic
crisis significa...
Tue, May 13 2014, 10:58 AM
Home
prices reached the half-way mark in the fourth quarter of 2013, climbing back
to a level 20 percent above the trough in values reached nationwi...
Tue, May 13 2014, 10:42 AM
The Veterans Administration has issued
an interim final rule defining what constitutes a QM or qualified mortgage under
VA loan rules. The rule, ...
Tue, May 13 2014, 3:16 PM
The number of state licensed mortgage
companies licensed through the National Mortgage Licensing System (NMLS) was
essentially unchanged in 2013 but...
Tue, May 13 2014, 1:00 PM
The Federal Housing Finance Agency
(FHFA) will not use its conservatorship authority to reduce current conforming
loan limits. FHFA Director Melv...
Mon, May 12 2014, 12:54 PM
Home prices continued to increase as
broadly if not as rapidly as in previous periods the
National Association of Realtors® (NAR) reported today. M...
Mon, May 12 2014, 12:01 PM
The Mortgage Bankers
Association's (MBA) estimate of new home sales rose in April . MBA bases its estimate on applications for
mortgages to purcha...
Fri, May 9 2014, 12:26 PM
In yesterday's update
on housing finance reform it was noted that Senator Tim Johnson (D-SD) was
hoping to have 16 favorable votes lined up befo...
Thu, May 8 2014, 12:50 PM
Freddie Mac and Fannie Mae both reported profitable results for the first quarter of 2014 today, the 10th consecutive profit for Freddie Mac and the...
