Thu, Dec 5 2013, 2:13 PM
Smaller metropolitan areas appear to be
leading the country in a return to normal levels of economic and housing
activity the National Association ...
Thu, Dec 5 2013, 1:42 PM
David H. Stevens, president
& CEO of the Mortgage Bankers Association (MBA), said today that independently
owned and operated mortgage bankers are t...
Wed, Dec 4 2013, 12:49 PM
Several of the banks involved in the February 2012 $25 billion settlement with
state and federal government agencies " still have additional work to ...
Wed, Dec 4 2013, 12:37 PM
While the numbers are small - less than
200 homes - the incidence of foreclosure among ultra-high end homes has skyrocketed
recently, even as the ...
Wed, Dec 4 2013, 10:59 AM
The U.S. Census Bureau and the
Department of Housing and Urban Development released their joint report on new
home sales in September and October...
Wed, Dec 4 2013, 10:12 AM
It was a short week and one in which most
Americans focused on food and families so the plunging number of mortgage
applications filed during the ...
Wed, Dec 4 2013, 1:19 PM
Mortgage profits took a big hit in the third quarter
of 2013, dropping by more than half of that reported in the second
quarter. The Mortgage Ban...
Tue, Dec 3 2013, 10:59 AM
CoreLogic said today that month-over-month
increases in home prices slowed to fractional numbers in October even as
year-over-year increases continu...
Mon, Dec 2 2013, 12:42 PM
Fannie Mae and Freddie Mac have
completed a major overhaul of their master policy requirements for private
mortgage insurance the Federal Housin...
Mon, Dec 2 2013, 12:00 PM
The Census Bureau released a combined
report on the Value of Construction Put in Place for both September and October
on Monday. A full September r...
Mon, Dec 2 2013, 9:41 AM
Bank of America has settled another
claim for loans it either originated during the housing boom or acquired
through its purchase of another lender....
Fri, Nov 29 2013, 12:15 PM
The Federal Housing Finance Agency (FHFA) recently released its 2013 Conservatorship Scorecard detailing
the progress made by the government sponso...
Fri, Nov 29 2013, 12:10 PM
RealtyTrac reports that the nature of distressed property
sales is evolving. In its most recent
report on market and distressed sales, the company ...
Fri, Nov 29 2013, 10:01 AM
We
have 28 business days until QM is the law of the land, and even after
this commentary discussed the CFPB’s policy there still seems to be a sm...
Wed, Nov 27 2013, 9:26 AM
Applications for mortgages moved in two
directions during the week ending November 22, depending on whether the figures
were presented "as is" or ...
Tue, Nov 26 2013, 11:47 AM
The Federal Housing Finance Agency
(FHFA) reported that home prices rose 2.0 percent in the third quarter compared
to the second quarter and 8.4 p...
Tue, Nov 26 2013, 10:45 AM
Home
prices continue to increase nationally, and the S&P Case-Shiller's U.S.
National Home Price Index which is issued quarterly showed a strong thi...
Tue, Nov 26 2013, 10:07 AM
The Census Bureau and the Department of Housing and
Urban Development are still playing catch-up from the government shutdown that
squashed data r...
Tue, Nov 26 2013, 1:23 PM
Whether because of the uproar from some members
of Congress, the Mortgage Bankers Association, National Association of
Realtors, and other industry ...
Mon, Nov 25 2013, 11:59 AM
Home prices rose again nationally in
September Lender Processing Services (LPS) said today, but in many areas,
notably a lot of the older mill towns...
Mon, Nov 25 2013, 10:44 AM
Pending
home sales fell in October to the lowest level in nearly a year. The Pending Home Sales Index (PHSI) released
this morning by the Nationa...
Mon, Nov 25 2013, 3:18 PM
Contracts for home purchases in the
Golden State increased in October, the first such increase in three months the
California Association of Realt...
Mon, Nov 25 2013, 1:45 PM
The Office of Inspector General
(OIG) of the Federal Housing Finance Agency (FHFA) has
released its sixth Semiannual Report to the Congress. The re...
Fri, Nov 22 2013, 10:57 AM
Property taxes
are collected by virtually all local governments; levied on land, commercial
properties, and residential homes. Taxes
are generally...
Fri, Nov 22 2013, 4:08 PM
FICO credit scores will soon be available to some consumers for free but
only if their lenders authorize it. The
company announced recently it ...
Fri, Nov 22 2013, 4:07 PM
Lender Processing Services (LPS) said today that the
national foreclosure pre-sale inventory is at its lowest level since 2008 . The inventory, the...
Thu, Nov 21 2013, 2:58 PM
Fannie Mae's Economic and Strategic
Research Group calls the temporary government shutdown and debt ceiling
negotiations in October a blow to consu...
Thu, Nov 21 2013, 2:51 PM
In the November edition of CoreLogic's e-magazine
MarketPulse, Kathryn Dobbyn looks at
the potential impact of lower conforming loan limits on t...
Thu, Nov 21 2013, 2:42 PM
In prepared
remarks to present to the Senate Banking Committee on Thursday, Alfred M.
Pollard, General Counsel of the Federal Housing Finance Agency...
Wed, Nov 20 2013, 10:57 AM
Low inventories continue to drive home
prices up from year-ago levels, but existing home sales appear to have at least
temporarily cooled the Nation...
Wed, Nov 20 2013, 10:54 AM
As expected the Consumer Financial
Protection Bureau (CFPB) has released the "easier-to-use" mortgage disclosure
forms that were mandated by the Dod...
Wed, Nov 20 2013, 9:51 AM
The coming year should bring an
emergence of the first purchase-dominated market the U.S. has seen since 2000
Freddie Mac has predicted. The
s...
Wed, Nov 20 2013, 8:36 AM
The volume of mortgage
applications fell for the third straight week during the period ended November
15 the Mortgage Bankers Association (MBA) sa...
Wed, Nov 20 2013, 3:10 PM
Mortgage loan originations for
the purpose of purchasing topped 60 percent in October Ellie Mae said on
Wednesday, for the first time since the co...
Tue, Nov 19 2013, 11:24 PM
The Office of Inspector General
(OIG) of the Federal Housing Finance Agency (FHFA) released a performance audit
report that recommends FHFA tighten ...
Tue, Nov 19 2013, 10:37 AM
One day before a scheduled Consumer Financial
Protection Bureau (CFPB) "field hearing" in Boston, Bloomberg is reporting that its Director, Richard...
Tue, Nov 19 2013, 6:39 PM
The Department of Justice has confirmed the $13
billion settlement with JP Morgan that has been widely reported in the press as
a done deal for ov...
Tue, Nov 19 2013, 2:34 PM
The government shutdown and the typical
end of summer doldrums dragged California home sales down in October, the third
straight month of falling sa...
Mon, Nov 18 2013, 10:50 AM
Builder confidence in the market for
newly constructed homes remains only moderately positive according to the National
Association of Home Builders...
Fri, Nov 15 2013, 1:06 PM
Another firm has weighed in with an
index that confirms both the continuation of the better than year-long housing
price gains and that the price pe...
Thu, Nov 14 2013, 12:49 PM
It
has long been evident that some parts of the country such as California,
Florida and other Sun Belt states were hit harder by price declines du...
Thu, Nov 14 2013, 12:46 PM
Housing affordability suffered its
biggest hit in nearly ten years during the third quarter of 2013 the National
Association of Homebuilders (NAHB...
Thu, Nov 14 2013, 10:39 AM
Applications for mortgages to purchase newly constructed homes jumped by 11
percent in October compared to September. Texas, Florida and
Californ...
Thu, Nov 14 2013, 10:32 AM
Judicial
states playing catchup were behind a rise in foreclosure activity in October according
to RealtyTrac's U.S. Foreclosure Market Report.
Fo...
Thu, Nov 14 2013, 10:16 AM
"Ho-hum" is the word DataQuick used to
describe the housing market in California's Bay Area last month. A total of 7,595 new and resale houses and
...
Wed, Nov 13 2013, 8:40 AM
In
addition to releasing data on mortgage application activity for the week ended
November 8, the Mortgage Bankers Association (MBA) revised its num...
Wed, Nov 13 2013, 2:25 PM
Primary-Secondary Spread is the difference between an average mortgage interest rate and a representative yield
on newly issued agency mortgage-...
Tue, Nov 12 2013, 12:58 PM
The
national mortgage delinquency rate was down by nearly a quarter in the June-September
period compared to the third quarter of 2012, marking the ...
Tue, Nov 12 2013, 12:50 PM
Homeowners have saved an estimated $22.9
Billion in mortgage payments through the Home Affordable Modification Program
(HAMP) since it began in 20...
Tue, Nov 12 2013, 10:35 AM
Credit availability improved in October following
two months in which the Mortgage Bankers Association's (MBA) Mortgage Credit
Availability Index ...
