Mon, Feb 24 2014, 4:52 PM
A Connecticut lender has been fined
$83,000 by the Consumer Financial Protection Bureau (CFPB) for violating Real Estate
Settlement Procedures Act (...
Fri, Feb 21 2014, 10:52 AM
The fourth
quarter of 2013 was its eighth consecutive profitable quarter Fannie Mae said
today and the company posted net income for the entire year...
Thu, Feb 20 2014, 12:32 PM
About two-thirds of the homes sold
during the fourth quarter of 2013 are considered " affordable " according to the National
Association of Home B...
Thu, Feb 20 2014, 12:25 PM
In the latest edition of CoreLogic's Market Pulse the company's senior
economist Mark Fleming provides a different take on housing affordability ...
Thu, Feb 20 2014, 2:13 PM
Both mortgage delinquency rates and the foreclosure
inventory rate hit their lowest points in five years at the end of the fourth
quarter of 2013....
Wed, Feb 19 2014, 10:47 AM
Numbers for both housing permits and
housing starts were much lower in January than in December while housing completions
were up. The Northeast ...
Wed, Feb 19 2014, 8:31 AM
Interest rates increased definitively
last week and mortgage application volumes fell according to data released
today by the Mortgage Bankers Assoc...
Wed, Feb 19 2014, 3:33 PM
Sales of existing homes in California
were essentially flat in January the California Association of Realtors®
(C.A.R.) said on Wednesday. While
...
Wed, Feb 19 2014, 3:19 PM
Mortgage Bankers Association (MBA) President David H. Stevens
congratulated mortgage servicers attending MBA's National Mortgage Servicing
Conferenc...
Tue, Feb 18 2014, 10:52 AM
BuildFax said that residential
remodeling increased by 1 percent from November to December and was up 9
percent from a year earlier. Permits for
...
Tue, Feb 18 2014, 10:50 AM
The National Association of Homebuilders (NAHB)
provided a number of explanations for a record drop in the NAHB/Wells Fargo
Housing Market Index (...
Tue, Feb 18 2014, 2:49 PM
Using
an Olympic theme of " Will Housing Take Gold ", Freddie Mac's economists said
today that, while they had expected housing 'to come out of the ...
Tue, Feb 18 2014, 1:20 PM
Freddie Mac has joined Fannie Mae in
offering limited time and location inducements to move sales on its owned real
estate (REO). The company today...
Thu, Feb 13 2014, 10:56 AM
Foreclosure activity increased in
January with filings up 8 percent from December on a nationwide basis. RealtyTrac reported today there was a tot...
Thu, Feb 13 2014, 10:26 AM
The January spurt in applications for
new home purchases does not surprise Mike Fratantoni, chief economists for the
Mortgage Bankers Association....
Thu, Feb 13 2014, 1:48 PM
Starting tomorrow Fannie Mae will offer some homebuyers
a special incentive to purchase through its HomePath program which the company
uses to mar...
Wed, Feb 12 2014, 9:10 AM
Mortgage
application volume continued to drift during the week ended February 7. The Mortgage Bankers Association (MBA) said
that its Market Compos...
Wed, Feb 12 2014, 3:18 PM
For the first time in six years the mortgage
delinquency rate has dropped below 4 percent TransUnion said on Wednesday. Nationally, 3.85 percent of...
Wed, Feb 12 2014, 2:40 PM
What passes as a measure of home affordability in
California may stagger some who live in other parts of the country and only about
a third of the...
Tue, Feb 11 2014, 10:52 AM
Home
price movement was mixed across metropolitan areas (MSAs) in the fourth quarter
of 2013 the National Association of Realtors® (NAR) said today....
Tue, Feb 11 2014, 10:29 AM
Fannie Mae said today that an
improvement in American's attitudes about the ease of getting a mortgage may
offset a declining perception about home ...
Tue, Feb 11 2014, 9:50 AM
There are competing forces at work in
the mortgage market the Mortgage Bankers Association (MBA said today. First, lenders are still adjusting to th...
Mon, Feb 10 2014, 12:03 PM
The Obama Administration's January Housing
Scorecard, issued jointly by the Departments of Treasury and Housing and Urban
Development (HUD) notes th...
Mon, Feb 10 2014, 1:34 PM
The Home Affordable Refinance Program (HARP)
has scored a significant milestone according to the Federal Housing Finance
Agency, hitting the 3 milli...
Fri, Feb 7 2014, 12:21 PM
Two
Federal Reserve System economists have looked at the recent quantitative easing
programs of the Federal Reserve to determine whether a central...
Fri, Feb 7 2014, 11:54 AM
Nearly half of the homeowners who could refinance
their homes have not done so despite the prolonged availability of record low
mortgage interest ra...
Fri, Feb 7 2014, 1:18 PM
The
Consumer Financial Protection Bureau (CFPB) has announced it will take the
initial step to improve data collected under the Home Mortgage Disc...
Thu, Feb 6 2014, 11:38 AM
FHFA's Office of Inspector General recently
completed an evaluation of how well FHFA is overseeing the GSEs' use of
appraisal data before they buy...
Thu, Feb 6 2014, 1:04 PM
"Housing markets across the nation
are continuing their slow and steady climb back to normal levels," National
Association of Home Builders (NAHB)...
Wed, Feb 5 2014, 8:46 AM
The
volume of mortgage applications remained largely unchanged during the week
ended January 31. The Mortgage Bankers
Association's (MBA) Market C...
Tue, Feb 4 2014, 10:59 AM
One would have to go back to the heart
of the housing boom to find a period when home prices increased at a more rapid
pace than they did in 2013 Co...
Tue, Feb 4 2014, 4:29 PM
The recession apparently hit those
builders experienced in green construction with less severity than other home
builders according to a new study...
Tue, Feb 4 2014, 1:26 PM
Homeowners who refinanced through
Freddie Mac in 2013 continued to display fiscal restraint, choosing fixed rate
mortgages, keeping essentially the ...
Tue, Feb 4 2014, 1:12 PM
The Mortgage Bankers Association (MBA)
called the fourth quarter of 2013 a particularly strong one for commercial and
multifamily mortgage origina...
Tue, Feb 4 2014, 1:10 PM
Now that prices have recovered to within
striking distance of where many folks purchased their homes, potential sellers
have found something new to ...
Mon, Feb 3 2014, 12:23 PM
Black Knight Financial Services said
today that the rate for mortgage delinquencies of 30 days or more, which does
not include loans in foreclosure,...
Mon, Feb 3 2014, 12:05 PM
Overall construction spending in
December was flat compared to November , rising a scant 0.1 percent. Private spending on residential construction,...
Fri, Jan 31 2014, 12:51 PM
"The familiar saying that housing brings
the economy out of recessions did not hold true this time around," according to
David Crowe, Chief Economis...
Fri, Jan 31 2014, 2:54 PM
Bank of America (BoA) came a step
closer today to ending litigation that has plagued it since it bought
Countrywide Mortgage in 2008. A New York
S...
Thu, Jan 30 2014, 12:17 PM
More banks are easing their underwriting
standards as they adapt to changing economic conditions and competition the
Office of Comptroller of the Cu...
Thu, Jan 30 2014, 10:53 AM
Abnormal weather was partially
blamed by the National Association of Realtors® (NAR) for a substantial drop in
its December Pending Home Sales Ind...
Wed, Jan 29 2014, 12:06 PM
In Tuesday's State of the Union Speech which
covered a lot of ground both domestic and foreign, President Obama made only
two brief mentions of hous...
Wed, Jan 29 2014, 8:57 AM
Whether it was the weather, the Martin
Luther King Holiday which shortened the business week, or consumers practicing
patience as mortgage rates d...
Wed, Jan 29 2014, 3:11 PM
The investigative agency says that in
2012-2013 it nearly doubled the number of defendants that were criminally
charged from the numbers in 2009...
Wed, Jan 29 2014, 3:05 PM
Completed foreclosures dropped by nearly
a quarter in 2013 compared to 2012 CoreLogic said today. There were 620,111 homes foreclosed by
lenders d...
Tue, Jan 28 2014, 12:02 PM
The S&P Case-Shiller Composite
Indices each posted month-over-month declines in November after nine straight months
of growth. The 10-City and 20...
Tue, Jan 28 2014, 6:48 PM
Adjustable
rate mortgages remain at historic lows Freddie Mac said today as the company
released results of its 30 th Annual
Adjustable-Rate Mort...
Mon, Jan 27 2014, 3:38 PM
The number of major chains reporting
breaches of data security since the start of the Christmas holidays continues
to grow with Michaels the latest ...
Mon, Jan 27 2014, 3:32 PM
Landlords will be happy with a
report published by TransUnion, the credit reporting company. It says that, not only have rents risen in
each of f...
Mon, Jan 27 2014, 2:03 PM
December new home sales slipped 7.0 percent from revised
November figures the Census Bureau and the Department of Housing and Urban
Development ...
