Tue, Sep 17 2013, 12:19 PM
Builder confidence in the market for newly built
single family homes held steady in September after four consecutive months of
improvements the Na...
Tue, Sep 17 2013, 10:41 AM
Late Monday Freddie Mac issued a bulletin for its
Single-Family Servicer Guide ( Bulletin
2013-17) which covers changes to the Home Affordable Modi...
Tue, Sep 17 2013, 2:44 PM
Home remodeling appears to be growing even more
steadily that other sectors of the residential construction industry. Building permits for improveme...
Mon, Sep 16 2013, 9:34 AM
Between a slight decrease this month and a massive negative revision
to the previous month, the California real estate market turned on a
dime acc...
Mon, Sep 16 2013, 2:45 PM
Monthly sales figures from the California
Association of Realtors® (C.A.R.) confirm indications from DataQuick data
posted earlier today that the re...
Fri, Sep 13 2013, 12:59 PM
The Treasury Department has released a graphics-filled Power Point presentation
titled The Financial Crisis Five Years
Later , Response, Reform, a...
Fri, Sep 13 2013, 12:14 PM
Darrin Benhart, Deputy
Comptroller for Credit
and Market Risk, Office of Comptroller of the Currency (OCC) said in
a speech on Wednesday that the...
Fri, Sep 13 2013, 10:56 AM
Japan's Nikkei newspaper is
quoting unnamed sources saying that former Clinton Administration Treasury Secretary
Lawrence Summers will be the next...
Fri, Sep 13 2013, 3:42 PM
A second
set of amendments and clarifications to the Consumer Financial Protection
Bureau's (CFPB) January 2013 mortgage rules will be released this...
Fri, Sep 13 2013, 1:34 PM
The panel of
four witnesses that appeared before the Senate Banking Committee hearing on the
Essential Elements of Housing Finance Reform were large...
Thu, Sep 12 2013, 10:25 AM
The Dodd-Frank Wall Street Reform
and Consumer Protection Act and the Consumer Financial Protection Bureau (CFPB)
which it created appear to be a lo...
Thu, Sep 12 2013, 9:55 AM
Falling foreclosure starts pulled overall foreclosure activity down 2
percent in August compared to July and 34 percent lower than one year earlier. ...
Thu, Sep 12 2013, 2:46 PM
The Director of the Consumer Financial
Protection Bureau (CFPB) finally got to present the Bureau's third Semi-Annual
Report to the House Financial...
Thu, Sep 12 2013, 2:38 PM
The Mortgage Bankers
Association (MBA) said that applications for mortgages to purchase new homes
dropped 14 percent in August to a seasonally adj...
Wed, Sep 11 2013, 9:05 AM
The rally in
refinancing reported last week by the Mortgage Bankers Association (MBA) was
short lived. Rates rose again during the
week ended Sept...
Wed, Sep 11 2013, 5:21 PM
The credit crunch, the financial
collapse, and the ensuing deep recession will likely stand as the most
significant financial events of our generati...
Wed, Sep 11 2013, 2:16 PM
Despite a lawsuit and threats from the
securities industry and the federal government to cut off its credit, the City
Council in Richmond, Californi...
Tue, Sep 10 2013, 10:34 AM
Several fair housing and civil rights
groups have come to the side of the City of Richmond, California as it attempts
to use its power of eminent do...
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...
