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 ...
Fri, Jan 24 2014, 12:46 PM
In a speech given recently to a housing industry group Michael
Stegman assistant Treasury Secretary for Housing Finance Policy made a
plea for ren...
Fri, Jan 24 2014, 12:18 PM
Pending home sales in California
plummeted in December, falling 25.2 percent because of what the California
Association of Realtors® (C.A.R.) called...
Thu, Jan 23 2014, 11:51 AM
December existing home sales edged up 1.0 percent to a
seasonally adjusted annual rate of 4.87 million from 4.82 million in
November and
were 0.6 ...
Thu, Jan 23 2014, 9:59 AM
Sales of distressed properties made up a
larger share of home sales in 2013 than in 2012 RealtyTrac said today. Short sales and sales of bank-owne...
Wed, Jan 22 2014, 12:44 PM
The Redfin realty firm said that
competition for houses as measured by bidding wars or multiple offers on
properties was mixed across the country be...
Wed, Jan 22 2014, 12:02 PM
The American Institute of Architects
(ABI) says that its leading indicator of construction activity , the
Architecture Billings Index (ABI) contrac...
Wed, Jan 22 2014, 8:54 AM
The volume of mortgage applications
increased again during the week ended January 17 according to information
released this morning by the Mortgag...
Wed, Jan 22 2014, 5:21 PM
A Treasury Department official said
today that despite arguments that Fannie Mae and Freddie Mac (the GSEs) are
financially flush and that, with the...
Tue, Jan 21 2014, 11:59 AM
Sales in 2013 were 5.9 percent below
sales in 2012 the California Association of Realtors® (C.A.R.) has announced,
and December sales also were do...
Tue, Jan 21 2014, 10:49 AM
It is almost a given that the mortgage
market will be smaller this year than last so discussions have turned to the
availability of mortgage credit...
Tue, Jan 21 2014, 4:04 PM
Foreclosure starts in California during
the fourth quarter dipped to an eight year low , returning to levels last seen before
the beginning of the ...
Fri, Jan 17 2014, 12:35 PM
Data presented by CoreLogic in its new
edition of MarketPulse raises an
interesting question about employment in the construction sector . Is th...
Fri, Jan 17 2014, 10:26 AM
All three Census Bureau/Department of Housing
and Urban Development (HUD) measures of residential construction activity,
housing permits, starts, an...
Thu, Jan 16 2014, 12:44 PM
The strong growth in the home remodeling
market which began in the second quarter of 2013 will continue through the
first half of 2014 according t...
Thu, Jan 16 2014, 10:47 AM
Applications for the purchase of newly
construction homes were down again in December, declining 11 percent from
November's levels. November sale...
Thu, Jan 16 2014, 9:47 AM
Sales of new and existing homes in California rose
slightly in December. DataQuick reports
that there were a total of 39,949 homes sold statewide...
Thu, Jan 16 2014, 9:23 AM
Is it finally over?
With foreclosure filings throughout 2013 reported by RealtyTrac to be at
the lowest annual level since 2007 , one might begin ...
Thu, Jan 16 2014, 3:14 PM
The housing market turned the corner in 2012 Freddie
Mac's economists said today, and the recovery was fully underway in 2013. But despite the posit...
Thu, Jan 16 2014, 1:35 PM
Perhaps at
least part of what may have been driving the hot California housing market is
seller optimism. The results of the California
Associatio...
Wed, Jan 15 2014, 9:13 AM
Mortgage applications bounced back in
the first full week after the holiday season, increasing 11.9 percent on a
seasonally adjusted basis durin...
Wed, Jan 15 2014, 1:44 PM
The Office of Inspector General (OIG) of the Federal
Housing Finance Agency (FHFA) released two reports today recommending better FHFA
oversight of ...
Tue, Jan 14 2014, 10:39 AM
The Federal Bureau of Investigation
(FBI) is looking into a sophisticated scheme using " unsophisticated tradecraft "
to front run interest rate swa...
Tue, Jan 14 2014, 4:35 PM
The House Financial Services Committee heard
testimony from five persons, almost all representing mortgage lenders , at a
hearing today entitled ...
Tue, Jan 14 2014, 4:04 PM
Wells Fargo Bank (WFB) is reporting
record fourth quarter as well as fiscal year financial results while
scandal-plagued JP Morgan Chase (Chase) r...
Mon, Jan 13 2014, 10:58 AM
Rising
home prices are continuing to drive down the number of homeowners who are
underwater according to the December Housing
Scorecard published...
Mon, Jan 13 2014, 1:43 PM
Thanks
to key changes in the program, completing a short sale through Freddie Mac is
taking less time than ever before. The
company's Senior Vic...
Fri, Jan 10 2014, 10:50 AM
All
of the usual measures of mortgage distress continue to retreat CoreLogic
said
in its National Foreclosure Report for November. (The report co...
Fri, Jan 10 2014, 1:05 PM
A recent article for Fannie Mae's Housing Industry Forum makes the point
that when it comes to the new servicing rules which go into effect today,
...
Thu, Jan 9 2014, 10:15 AM
Rising home prices are returning more and more homes
to a positive equity position and RealtyTrac said today that about 31 percent
of the homes curr...
Thu, Jan 9 2014, 3:04 PM
Three staff member of the Federal
Reserve Bank of San Francisco have published, on the Bank's website, results of
a study about what drives the mor...
Wed, Jan 8 2014, 12:41 PM
Two days after being sworn in as the first Senate-confirmed Director of the Federal Housing Finance Agency (FHFA), Mel Watt made good
on his Decem...
Wed, Jan 8 2014, 9:16 AM
The Mortgage Bankers Association (MBA)
released data on mortgage application volume for the week ending January 3,
2014 which included summary infor...
