Thu, Oct 10 2013, 1:52 PM
Lending for multifamily housing in
buildings with five or more units increased by 33 percent in 2012 according to
the Mortgage Bankers Association...
Thu, Oct 10 2013, 1:47 PM
Fannie Mae checked off another box on
the Federal Housing Finance Agencies 2013 Conservatorship Scorecard by recently
signing an agreement for cred...
Wed, Oct 9 2013, 8:49 AM
The revival in refinancing applications
continued again last week as mortgage interest rates retreated again. The
Mortgage Bankers Association (...
Wed, Oct 9 2013, 4:14 PM
Pressure appears to be building on the
Federal Housing Finance Agency's (FHFA) acting director to back down or at
least delay an intended reduction ...
Wed, Oct 9 2013, 3:08 PM
A new system
should incorporate several structural recommendations including a wholly-owned
government corporation functioning as a catastrophic gua...
Wed, Oct 9 2013, 1:00 PM
The White House has confirmed that President Obama
will announce his nomination of Janet Yellen to succeed Ben Bernanke as Chairperson
of the Federa...
Tue, Oct 8 2013, 11:27 AM
Freddie Mac has issued guidance to its
lenders and servicers in an effort to keep the mortgage market flowing during
the lengthening government shu...
Tue, Oct 8 2013, 9:46 AM
The Mortgage Bankers Association's (MBA)
Mortgage Credit Availability Index (MCAI) indicates that lending standards tightened
slightly for the sec...
Tue, Oct 8 2013, 9:40 AM
The new securitization platform envisioned in the Federal
Housing Finance Agency's (FHFA) Strategic
Plan for Freddie Mac and Fannie Mae has taken ...
Tue, Oct 8 2013, 9:38 AM
Freddie Mac and Fannie Mae have together completed nearly
3 million foreclosure prevention actions since being placed in conservatorship
in 2008 t...
Tue, Oct 8 2013, 5:46 PM
Home ownership is expected to be key to the California real estate market
over the next year. The 2014 California Housing
Market Forecast" released...
Tue, Oct 8 2013, 1:26 PM
CoreLogic
said today that the shadow inventory or pending supply of homes at the end of
July consisted of 1.9 million homes with an approximate ma...
Mon, Oct 7 2013, 12:21 PM
The National Association of Home Builders (NAHB) and First
American Title Insurance Company today unveiled a new measure of housing market
health ,...
Mon, Oct 7 2013, 3:25 PM
Three areas drew the focus of the Lender Processing Services
(LPS) August Mortgage Monitor released today: prepayment activity and
refinance ...
Mon, Oct 7 2013, 2:22 PM
Fannie Mae said today that consumer
responses to its monthly National Housing Survey may have been tempered in
September by growing concern about ...
Fri, Oct 4 2013, 9:53 AM
The federal payroll report, eagerly
awaited on the first Friday of each month, will not be available today or for
the foreseeable future. The Bureau...
Fri, Oct 4 2013, 4:14 PM
Lenders have had three days to
digest Tuesday's partial Federal government shutdown, and while loan processing
has been affected, the impact has no...
Thu, Oct 3 2013, 12:20 PM
While he anticipates that the current
government shutdown will be short-lived, Moody Analytics Chief Economist Mark
Zandi said yesterday that "If ...
Thu, Oct 3 2013, 10:34 AM
Vampire REOs and Zombie Foreclosures
star in a brief report issues by RealtyTrac this morning. These " Monsters of the Housing Market ," the
compan...
Thu, Oct 3 2013, 3:50 PM
The following is an economic "case" made by Treasury for the dangers
associated with the debt ceiling brinksmanship. While they do admit
that the...
Thu, Oct 3 2013, 1:52 PM
With the government shutdown now in its third day
and the debt ceiling deadline looming there are increasing signs that some financial
players are g...
Wed, Oct 2 2013, 10:18 AM
Freddie Mac has tentatively settled
three more claims with financial institutions over representations and
warranties related to single family loa...
Wed, Oct 2 2013, 9:20 AM
Even though mortgage interest rates decreased again,
the Mortgage Bankers Association's (MBA's) Market Composite Index continued to
see-saw, falling...
Tue, Oct 1 2013, 11:30 AM
Home prices continued to increase in August, but the breakneck
pace of earlier months moderated a bit CoreLogic said today. Its Home Price Index (H...
Tue, Oct 1 2013, 1:59 PM
Fannie Mae's Total Book of Business
finished the month of August with a balance of $3.167 trillion and a compound
annual growth rate of (0.8) percen...
Tue, Oct 1 2013, 1:07 PM
Freddie Mac wants its customers and business
partners to know they are open for business and largely unaffected by the
government shutdown. Despite...
Mon, Sep 30 2013, 12:48 PM
Another definition of Qualified Mortgage
(QM) was rolled out for comment today.
This one, proposed by the Department of Housing and Urban Develop...
Mon, Sep 30 2013, 12:38 PM
While the real estate market has
been bubbling, Robert J. Shiller doesn't think we are in a real estate bubble. At least not yet . Shiller who, al...
Fri, Sep 27 2013, 2:03 PM
Commercial and multi-family mortgage
debt increased by $24.5 billion in the second quarter of 2013, with $10.9
billion of that being debt in the m...
Fri, Sep 27 2013, 1:26 PM
The Federal Housing Administration
(FHA) notified Congress this morning that, as had been rumored earlier in the
week, it will need to draw on its b...
Thu, Sep 26 2013, 11:02 AM
As the National Association of Realtors®
(NAR) said it had anticipated, pending home sales eased in August falling what
may have been accelerated ac...
Thu, Sep 26 2013, 10:49 AM
The pre-foreclosure or "shadow inventory," that is
homes that are in the process of foreclosure, has fallen by over a third since
August of 2012 t...
Thu, Sep 26 2013, 10:22 AM
Reuters and the Wall Street Journal are both reporting that the Department of
Housing and Urban Development (HUD) and its Federal Housing Administr...
Thu, Sep 26 2013, 5:39 PM
Foreclosure starts in the
second quarter of 2013 were down to half the level of a year earlier the Office
of Comptroller of the Currency (OCC) said ...
Thu, Sep 26 2013, 5:21 PM
Freddie Mac's total mortgage portfolio
ended August with a principal balance of $1.93 trillion. This represented a 5.0 percent reduction from
the...
Thu, Sep 26 2013, 1:04 AM
Distressed homes accounted for 25
percent of residential home sales in August, up 2 percentage points from
July. RealtyTrac, in its August U.S. ...
Wed, Sep 25 2013, 11:28 AM
New home sales turned upward in August after an especially
poor showing in July, though remain well off levels from the first half of the year. Th...
Wed, Sep 25 2013, 10:45 AM
Incidents of mortgage
application fraud identified in the second quarter were less likely to be
property related and more likely to be tied to in...
Wed, Sep 25 2013, 9:19 AM
Applications for both refinancing and
home purchase increased last week as mortgage interest rates retreated. The Mortgage Bankers Association (MB...
Tue, Sep 24 2013, 11:03 AM
Indices released
by two of the leading sources of home price information this morning confirm
the continued growth of home values in the U.S., at...
Tue, Sep 24 2013, 2:29 PM
There
are " Four Ds " that plague consumers, the Director of the Consumer Financial
Protection Bureau told an audience of Bankers on Tuesday; decep...
Mon, Sep 23 2013, 12:23 PM
Feeling
that they may have reached only about half of the families who could benefit
from the program, the Federal Housing Finance Agency (FHFA) ...
Mon, Sep 23 2013, 5:03 PM
Like
closed sales which were reported last week, pending real estate sales in
California dropped in August while distressed home sales were down...
Mon, Sep 23 2013, 4:17 PM
A national law firm which frequently
analyzes actions either coming from or having an impact on the Consumer
Financial Protection Agency raised ques...
Mon, Sep 23 2013, 2:15 PM
Lender Processing Services (LPS) Home
Price Index (HPI) rose 0.6 percent in July compared to June. The index has increased 7.5 percent since the
...
Fri, Sep 20 2013, 1:59 PM
The
National Association of Realtors ® (NAR) sent a strongly worded letter to Edward J. DeMarco , Acting
Director of the Federal Housing Finance A...
Fri, Sep 20 2013, 1:55 PM
On Thursday the Federal Housing Finance
Agency (FHFA) released the first Quarterly
Performance Report of the Housing GSEs. The
report summarizes...
Fri, Sep 20 2013, 1:37 PM
The number of companies licensed through
the National Mortgage Licensing System (NMLS) declined by 2.1 percent from the
second quarter of 2012 to ...
Thu, Sep 19 2013, 12:22 PM
Existing home sales reached a six-and-a
half year peak in August, increasing 1.7 percent to a seasonally adjusted
annual rate of 5.48 million unit...
Thu, Sep 19 2013, 3:36 PM
There was sharp disagreement among participants in at least
one panel at a forum on the future of housing sponsored by the National
Association of...
