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 ...
Tue, Nov 12 2013, 10:32 AM
The new president of the National
Association of Realtors® (NAR) called on policymakers to making housing a
priority and make the decisions necess...
Tue, Nov 12 2013, 4:06 PM
Borrowers continued the conservative approach
to refinancing they have exhibited since the housing crisis during the third
quarter of 2013. Freddie...
Tue, Nov 12 2013, 1:01 PM
Freddie Mac has signed a risk sharing
agreement with Arch Reinsurance Ltd. Which will cover up to $77.4 million in
possible credit losses from a...
Fri, Nov 8 2013, 3:46 PM
The Consumer Financial Protection Agency reminded
lenders today of the requirement, starting January 10 , to provide consumers
with a list of homeo...
Thu, Nov 7 2013, 4:00 PM
Housing affordability is on a prolonged
downhill slide in California, falling for the sixth time in the third quarter
of 2013. As measured by The...
Thu, Nov 7 2013, 2:52 PM
The October National Housing Survey was
conducted by Fannie Mae during a period that coincided with the federal
government shutdown and the debt c...
Thu, Nov 7 2013, 1:44 PM
Freddie Mac has priced its second
Structured Agency Credit Risk (STACR) offering.
The debt notes are priced at $630 million and follow its initial ...
Thu, Nov 7 2013, 1:32 PM
All four measures of distress in the
housing market dropped to post-crash lows during the third quarter of 2013 the
Mortgage Bankers Association (MB...
Thu, Nov 7 2013, 1:29 PM
Freddie Mac and Fannie Mae each
reported strong third quarter financial results today. For Freddie it was the eighth consecutive
profitable quarte...
Wed, Nov 6 2013, 8:56 AM
The
Mortgage Bankers Association's (MBA) Refinancing Index lost most of the gains it
had made the previous week as applications for refinancing fe...
Wed, Nov 6 2013, 2:58 PM
Home Prices continued higher for most of the metropolitan areas
examined in the most recent quarterly report by the National
Association of Realt...
Tue, Nov 5 2013, 12:53 PM
MND has published a number of
stories from the California Association of Realtors® and DataQuick about the
staggering home increases that have hit N...
Tue, Nov 5 2013, 12:09 PM
As promised last spring, the
Federal Housing Finance Agency (FHFA) has moved to rein in the relationship
between servicers and insurers providing fo...
Tue, Nov 5 2013, 12:01 PM
CoreLogic said today that its Home Price
Index (HPI) hit the highest level in September that it has reached since May
2008 , four months before wha...
Tue, Nov 5 2013, 5:06 PM
Homeowner and rental vacancy rates were essentially flat
during the third quarter of 2013. The
Census Bureau reported on Tuesday that the vacancy r...
Tue, Nov 5 2013, 2:00 PM
Some distressed homeowners in northern
California may have suffered a double whammy when their homes were foreclosed
the Department of Justice said ...
Mon, Nov 4 2013, 12:55 PM
One of the big worries in the
early days of the housing crises were the large numbers of adjustable rate
mortgages originated during the boom years ...
Mon, Nov 4 2013, 10:56 AM
The market share of first-time
homebuyers continued to decline this year, slipping one percentage point to 38
percent and down from the long-term ...
Mon, Nov 4 2013, 10:37 AM
Large financial institutions facing
their annual round of stress tests were given their scripts by regulators on
Friday. The tests are designed to
...
Mon, Nov 4 2013, 10:17 AM
A case that might have limited or at
least clarified a portion of the 1968 Fair Housing Act (FHA) has apparently
been settled before the Supreme Cou...
Fri, Nov 1 2013, 3:21 PM
According to sources speaking to Bloomberg , an agreement has been reached
between Wells Fargo Bank and the Federal Housing Finance Agency (FHFA) to...
Fri, Nov 1 2013, 1:34 PM
Despite statements of support from
housing advocates, industry trade groups, and the White House the Senate
yesterday refused to allow a vote on the...
Thu, Oct 31 2013, 11:58 AM
Completed foreclosures in September totaled
51,000 nationwide, down 39 percent from a year earlier when banks repossessed
84,000 homes. CoreLogic ...
Thu, Oct 31 2013, 11:20 AM
America's housing inventory is aging and
that perhaps could present an opportunity for bargain-hunting homeowners. RealtyTrac's Aging Homes Analy...
Thu, Oct 31 2013, 3:12 PM
The National Association of Realtors®
(NAR) added its comments to those of other housing groups about a re-proposed definition
of qualified resident...
Thu, Oct 31 2013, 3:09 PM
The Senate Banking Committee held a hearing
on Thursday on the preferred structure of any government guarantee of
mortgage-backed securities (MBA). ...
Wed, Oct 30 2013, 12:19 PM
The Senate Banking Committee heard from six witnesses on Tuesday on the
topic of " Housing Finance Reform: Essentials of a Functioning Housing Financ...
Wed, Oct 30 2013, 9:01 AM
There was a big jump in the volume of
applications for mortgage refinancing last week as customers reacted to the
lowest interest rates since earl...
Wed, Oct 30 2013, 4:59 PM
Nearly half of the homes sold so far
this year in California went for more than their asking price . Such sales usually result from so-called "...
Wed, Oct 30 2013, 3:06 PM
At an afternoon press conference on Wednesday
Secretary of Housing and Urban Development Shaun Donovan and Gene Sperling,
Director of the National E...
Wed, Oct 30 2013, 1:44 PM
The Mortgage Bankers Association (MBA)
issued a statement today urging the Senate to confirm a new director of the
Federal Housing Finance Agency (F...
Tue, Oct 29 2013, 10:59 AM
Both the
10-City and 20-City S&P-Case-Shiller Home Price Indices gained 1.3 percent
in August to values of 175.8 and 164.53 respectively. These i...
