Tue, Sep 10 2013, 7:46 PM
HUD is struggling to make the grade, regardless of potentially valid
excuses. That's the short version. The longer version in today's
testimony ...
Tue, Sep 10 2013, 1:19 PM
While they don't agree on the numbers or use the same timeframes, the
two reports on underwater mortgages released in the last week do conclude that
...
Mon, Sep 9 2013, 10:39 AM
Fannie Mae said today that results of
its monthly National Housing Survey shows that Americans are aware of and
following trends in the housing ma...
Mon, Sep 9 2013, 10:28 AM
The Mortgage Bankers Association (MBA)
reported the first drop in its new Mortgage Credit Availability Index (MCAI) since
it became publicly avail...
Mon, Sep 9 2013, 1:32 PM
A senior Freddie Mac executive
suggested today that policymakers consider his company's model for securitizing
multifamily loans as they grapple wit...
Mon, Sep 9 2013, 1:22 PM
The list of improving housing markets
maintained by the National Association of Home Builders (NAHB) and First
American Title Insurance Company appe...
Thu, Sep 5 2013, 12:56 PM
Another city has flirted briefly with
the idea of using eminent domain as a tool to help resolve a severe housing
crisis. The North Las Vegas, Ne...
Thu, Sep 5 2013, 10:41 AM
Almost a quarter of U.S. homeowners with
a mortgage are still underwater after the rapid plunge of house prices that
started in 2007, however more...
Thu, Sep 5 2013, 2:54 PM
Across the country, investors are
taking advantage of the nation's foreclosure crisis to purchase homes at
bargain prices, often beating out potent...
Wed, Sep 4 2013, 12:06 PM
A new groups billing itself as an
AARP for homeowners has announced it is accepting members. The group, America's Homeowner Alliance , says
its ai...
Wed, Sep 4 2013, 10:59 AM
New guidance effecting the Federal
Housing Administration's (FHA's) Home Equity Conversion Mortgage (HECM)
program, often referred to as reverse mo...
Wed, Sep 4 2013, 8:45 AM
After weeks of declining numbers, slightly lower
interest rates apparently spurred a modest bounce in applications for mortgage refinancing. The M...
Wed, Sep 4 2013, 4:49 PM
A recent entry in the NY Fed's Liberty Street Economics blog makes a
compelling case for the role of Consumer Confidence in forecasting labor
mark...
Wed, Sep 4 2013, 3:30 PM
Builders are encountering a shortage of
buildable lots the National Association of Home Builders (NAHB) said today; a lack
of lots that is particu...
Wed, Sep 4 2013, 2:19 PM
Delinquency rates for commercial and multifamily
mortgages loans improved in the second quarter of 2013 across all of the major
groups that invest...
Tue, Sep 3 2013, 10:59 AM
Home
prices jumped by 1.8 percent nationally during the month of July. CoreLogic reported that values on its Home
Price Index (HPI) which exclud...
Tue, Sep 3 2013, 9:30 AM
The size of Fannie Mae's Gross Mortgage
Portfolio dropped in July by the largest percentage in at least two years, falling
from an ending balance ...
Tue, Sep 3 2013, 4:36 PM
Construction contributed nearly a
trillion dollars to the U.S. economy on a seasonally adjusted annualized basis
in July, an increase of 0.6 percent...
Tue, Sep 3 2013, 1:07 PM
Rising interest rates had apparently not
heavily affected prepayment activity and thus, by inference, refinancing
through July Lender Processing S...
Fri, Aug 30 2013, 12:12 PM
Mortgage loan profits tumbled by 14
percent in the second quarter of 2013 the Mortgage Bankers Association (MBA) said
on Friday. Independent mort...
Fri, Aug 30 2013, 3:20 PM
The Center for Responsible
Lending (CRL) estimates that between 2007 and 2012 some 12.5 million homes in
America have been put into the process of f...
Thu, Aug 29 2013, 11:47 AM
Freddie Mac's Total Loan Portfolio now has an outstanding
balance of $1.94 trillion dollars. The
balance at the end of July represents a reduction...
Thu, Aug 29 2013, 11:37 AM
RealtyTrac, which has historically reported
on the distressed home market, has now widened the focus of its U.S. Residential and Foreclosure Sales
...
Thu, Aug 29 2013, 11:26 AM
Completed foreclosures in July were down
25 percent from a year earlier CoreLogic said today. There were 49,000 completed foreclosures
during the...
Thu, Aug 29 2013, 5:44 PM
When Michael Harnett talks about long term strategy, markets listen. Why? He is Mr. " Great Rotation ,"
the strategy that--In
October 2012--predi...
Thu, Aug 29 2013, 5:31 PM
Michael Fleming, Vice President, Research and Statistics Group of the
Federal Reserve Bank of New York (FRBNY) recently provided a tutorial on the
...
Wed, Aug 28 2013, 11:26 AM
The National Association of Realtors® (NAR)
blamed higher interest rates for the slipping home sales numbers reflected in its
pending home sales r...
Wed, Aug 28 2013, 8:41 AM
Refinancing activity fell again during
the week ended August 23, driving down the Mortgage Bankers Association's (MBA)
Market Composite Index, a mea...
Wed, Aug 28 2013, 2:10 PM
A recent entry in the Liberty Street Economics blog
of the Federal Reserve Bank of New York (FYBNY), compared the recent decline in
Treasury yields ...
Wed, Aug 28 2013, 1:35 PM
In a sudden departure from
earlier actions, regulators today proposed two contradictory new approaches for
defining Qualified Residential Mortgage...
Tue, Aug 27 2013, 12:52 PM
The growth in home prices nationally
accelerated in the second quarter. The
S&P/Case-Shiller Home Price Index, which covers all nine U.S. census di...
Tue, Aug 27 2013, 9:46 AM
Delinquency rates and incidence of properties in foreclosure
fell again in July, Lender Processing Services (LPS) reports, but more than 4.5
millio...
Mon, Aug 26 2013, 12:33 PM
All four sectors of commercial real estate continue to experience growth, but at different rates, the
National Association of Realtors® (NAR) said to...
Mon, Aug 26 2013, 11:37 AM
Home prices
keep edging closer to pre-crash price levels and today's Home Price Index
report from Lender Processing Services (LPS) indicates that na...
Fri, Aug 23 2013, 11:00 AM
New home sales in July were at the lowest level in nine
months the Census Bureau and Department of Housing and Urban Development said
this morning...
Fri, Aug 23 2013, 4:42 PM
In January 2013 the Federal Housing Finance Agency, conservator of Fannie
Mae approved a settlement between Fannie Mae and Bank of America in the amo...
Fri, Aug 23 2013, 4:16 PM
Many mortgage servicers are still doing
a poor job with record keeping , payment processing and other basic services a
report issued by the Consume...
Thu, Aug 22 2013, 12:59 PM
Home prices continued their strong two year-long national trajectory
by increasing 2.1 percent in the second quarter and 0.7 percent from May to
Jun...
Thu, Aug 22 2013, 9:04 AM
Wells Fargo Bank confirmed on Wednesday
that it will be laying off about 20 percent of its mortgage production staff
because of a drop in its refi...
Thu, Aug 22 2013, 4:12 PM
Distressed sales have plunged in
the last year, the California Association of Realtors® (C.A.R.) said today, and
are now at only about half of the l...
Wed, Aug 21 2013, 11:19 AM
Sales of existing home increased
strongly in July and median home prices are now nearing their pre-crash peak National
Association of Realtors® (N...
Wed, Aug 21 2013, 9:25 AM
Applications for refinancing fell again
during the week ended August 16 the Mortgage Bankers Association (MBA) said
today. MBA' Refinancing Index, ...
Wed, Aug 21 2013, 4:14 PM
Ellie Mae said today that loans for refinancing
represented only 47 percent of loans originated in July, dropping from 51
percent in June and repr...
Wed, Aug 21 2013, 1:47 PM
Fannie Mae economists Doug Duncan, Orawin T. Velz, and Brian Hughes-Cromwick said today that despite two downside risk factors
they see the economy ...
Tue, Aug 20 2013, 1:53 PM
While
it is clear that the recovery of the housing markets is well underway, it is
all too easy to overlook that today's housing finance system has ...
Mon, Aug 19 2013, 2:05 PM
The financial crisis took its toll on Wall Street and Main Street
alike. Mistakes were made and bills went unpaid on both sides of the
fence, but...
Fri, Aug 16 2013, 10:28 AM
The pace of residential construction
was notably mixed across all three Census Bureau measures in
July, with the
issuance of permits, housing st...
Fri, Aug 16 2013, 2:40 PM
Bank of America Merrill Lynch has
jumped full on into the debate over the future of Fannie Mae and
Freddie Mac (the GSEs). With a recent article ...
Fri, Aug 16 2013, 2:09 PM
Home sales in California surged by 17.3
percent in July DataQuick said today, rising from 41,027 sales of new
and existing houses in June to 48,11...
Thu, Aug 15 2013, 12:00 PM
Builder confidence has set another
recent benchmark, hitting the highest point on the National
Association of Home Builders (NAHB)/Wells Fargo Housi...
