Tue, Dec 31 2013, 10:32 AM
The S&P/Case Shiller Home Price
Index scored its greatest year over year gain in over seven years in October
the company said today. Both the 10-Ci...
Tue, Dec 31 2013, 1:30 PM
In its monthly e-magazine
Foreclosure Report RealtyTrac takes a
look at the current and potential impact of legislation designed to rescue the
na...
Mon, Dec 30 2013, 11:46 AM
Lender Processing Services (LPS) said today that its Home Price Index (HPI) was up a slight 0.1 percent in October. The index for the month was $23...
Mon, Dec 30 2013, 10:22 AM
Pending home sales technically rose slightly in November, but only after a negative downward revision to October's Pending Home Sales Index (PHSI) ...
Mon, Dec 30 2013, 2:03 PM
In the most recent issue of CoreLogic's MarketPulse on-line magazine Sam Khater
suggests that low-end home prices can be useful in predicting the...
Tue, Dec 24 2013, 12:51 PM
The Federal Housing Finance Agency
(FHFA) is celebrating the completion of more than 3 million foreclosure
prevention actions by Freddie Mac and F...
Tue, Dec 24 2013, 12:49 PM
While competition has moderated, Redfin reports that there is still
plenty of data, real and anecdotal, to show homebuyers are still highly
motivat...
Tue, Dec 24 2013, 12:42 PM
The
mortgage interest deduction (MID) is never left alone for very long . In
Unmasking the Mortgage Interest Deduction: Who Benefits and by How...
Tue, Dec 24 2013, 12:36 PM
Since
the housing market collapse the focus of policy makers has shifted from putting
borrowers into owner occupied housing to keeping them there....
Tue, Dec 24 2013, 10:20 AM
New Single Family Home Sales stood at a seasonally adjust annual rate of 464,000 in November
according to estimates released today by The U.S. Cens...
Tue, Dec 24 2013, 9:57 AM
After falling to it's lowest level in more than 12 years last week,
the Mortgage
Bankers Association's (MBA) Market Composite Index fell another 6....
Mon, Dec 23 2013, 1:43 PM
Pending home sales in California experienced
the first double digit drop in over a year in November, falling 13.6 percent
from October to a Pendin...
Fri, Dec 20 2013, 2:30 PM
Freddie Mac's December U.S. Economic & Housing Market Outlook looks at what the company's chief economist
Frank Nothaft and deputy chief Leonard K...
Fri, Dec 20 2013, 2:06 PM
One settlement and one enforcement
action have been announced in the last 24 hours and they are going to cost two
financial institutions a lot of m...
Thu, Dec 19 2013, 10:54 AM
Existing home sales in November failed to outdo those in the same month a
year earlier for the first time in 29 months .
The National Association ...
Thu, Dec 19 2013, 2:04 PM
With new mortgage regulations due to
be implemented in less than a month, the Consumer Financial Protection Bureau (CFPB)
has released a set of mat...
Thu, Dec 19 2013, 1:52 PM
Fannie
Mae said today that the third quarter economy was better than expected with
inventory buildups that doubled from the second quarter, the fa...
Wed, Dec 18 2013, 12:43 PM
The
percentage of loans originated for refinancing increased in November for the
first time in 10 months Jonathan Corr, president and chief operat...
Wed, Dec 18 2013, 11:19 AM
Housing starts and housing completions for
September, October and November were released by the U.S. Census Bureau and the
Department of Housing and...
Wed, Dec 18 2013, 8:29 AM
It was another down week for mortgage
application activity. The Mortgage
Bankers Association (MBA) said its Market Composite Index, a measure of
a...
Tue, Dec 17 2013, 12:50 PM
Negative equity amounts continued to
shrink during the third quarter of 2013 CoreLogic said today. An estimated 791,000 properties regained an equ...
Tue, Dec 17 2013, 5:41 PM
Ginnie Mae has
taken the first steps toward a planned modernization of its securitization
platform . The company on Tuesday
released four new sys...
Tue, Dec 17 2013, 3:23 PM
Home sales in the San Francisco Bay Area like those in the
state at large fell in November DataQuick said today. While state-wide sales, as report...
Tue, Dec 17 2013, 2:43 PM
Home sales declined in California in
November, suffering from diminishing housing affordability in the face of
rising home prices and interest rates...
Tue, Dec 17 2013, 2:16 AM
As loan officers and borrowers
prepare for the Federal Open Market Committee's ("the Fed")
potential tapering announcement Wednesday, Fannie Mae a...
Tue, Dec 17 2013, 1:30 PM
Increasing
mortgage rates eroded refinancing overall in the third quarter and refinancing
through the Home Affordable Refinance Program (HARP) was n...
Mon, Dec 16 2013, 10:39 AM
A Freddie Mac senior vice president is using
the company's blog to debunk a few myths she says may be keeping homeowners
from refinancing through ...
Mon, Dec 16 2013, 3:52 PM
The Federal Housing Finance Agency
(FHFA) is inviting public comments on a new proposal to "gradually reduce" loan
limits for mortgages purchased ...
Mon, Dec 16 2013, 1:26 PM
In the second in a series of white
papers exploring the "Foundation for a Sound Housing Market" CoreLogic looks at
the Ability-to-Repay (ATR) and Qu...
Fri, Dec 13 2013, 12:19 PM
After asking for taxpayer assistance for
the first time in its 79 year history last September, a new actuarial report
says the Federal Housing Admin...
Fri, Dec 13 2013, 11:01 AM
The Federal Housing Administration (FHA)
has issued new guidelines for lenders who manually underwrite FHA-backed
mortgage loans. The new underwr...
Fri, Dec 13 2013, 5:12 PM
A new study from the Harvard Joint
Center on Housing Studies in conjunction with the McArthur Foundation looks at
the growing importance of rental h...
Fri, Dec 13 2013, 4:57 PM
The four federal agencies most
involved in supervision of financial institutions as they work to comply with
new Dodd-Frank Act regulations said tod...
Thu, Dec 12 2013, 11:06 AM
The Mortgage Bankers
Association (MBA) said today that applications for the purchase of newly
constructed homes declined in November by about 18 p...
Thu, Dec 12 2013, 11:00 AM
While mortgage delinquency rates are
expected to continue their decline to more normal levels next year, multiple
factors will slow that drop from...
Thu, Dec 12 2013, 10:26 AM
The
bitcoin movement just became a little more complicated: JPMorgan Chase is going
after the bitcoin biz by patenting a similar system. But these...
Thu, Dec 12 2013, 9:51 AM
Foreclosure
starts reached a 95 month low in November.
RealtyTrac, in its November U.S. Foreclosure Market Report, said that a
total of 52,826 pr...
Thu, Dec 12 2013, 4:10 PM
Both very small mortgages and
some "streamlined" refinancings will exempted from certain of the
appraisal requirements for higher-priced mortgag...
Wed, Dec 11 2013, 11:06 AM
After first delaying action on his
nomination for months and then rejecting it in October the Senate finally
confirmed Mel Watt as the new director...
Wed, Dec 11 2013, 9:26 AM
The slight rise in mortgage application
volume during the week ended December 6 was the first increase in six weeks . The
Mortgage Bankers Associat...
Wed, Dec 11 2013, 3:08 PM
The
Department of Housing and Urban Development (HUD) has issued its final rule
defining a "Qualified Mortgage" (QM) as required by the Dodd-Frank...
Tue, Dec 10 2013, 11:43 AM
Wanda
DeLeo, Deputy Director of the Conservatorship Division of the Federal Housing
Finance Agency (FHFA) told a Senate Banking Committee hearing th...
Tue, Dec 10 2013, 10:35 AM
Mortgage credit was slightly less available in
November than it was in October the Mortgage Bankers Association said
today. MBA's new Mortgage Cr...
Mon, Dec 9 2013, 12:14 PM
Lender Processing Services (LPS) Mortgage Monitor for October reports that
48 percent of outstanding second lien home equity lines of credit (HEL...
Mon, Dec 9 2013, 11:10 AM
Completed
foreclosures dropped dramatically in October CoreLogic said today, falling to
48,000 for the month compared to 64,000 in September and 6...
Mon, Dec 9 2013, 9:43 AM
The Department of Housing and Urban
Development (HUD) announced late Friday that the maximum loan eligible for a Federal
Housing Administration (FHA...
Mon, Dec 9 2013, 7:56 PM
As part of the Strategic Plan for the conservatorships, FHFA
announced another installment of increased Guarantee fees ("G-Fee") for
Fannie Mae an...
Mon, Dec 9 2013, 4:58 PM
The Departments of Housing and Urban Development and
Treasury issued their joint Housing Scorecard on Monday. The Scorecard summarizes information...
Mon, Dec 9 2013, 1:40 PM
Responses
to the most recent National Housing Survey conducted by Fannie Mae show
Americans continue to be cautious in their appraisals of the housi...
Fri, Dec 6 2013, 3:40 PM
Too Big to Fail Banks and the
financial consolidation that created them are hot topics. A famous chart from Mother Jones shows that the big four b...