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...
Thu, Aug 15 2013, 11:14 AM
"While
foreclosures are continuing to boil over in a select group of markets
where state legislation and court rulings kept a lid on foreclosure
a...
Thu, Aug 15 2013, 4:16 PM
The Consumer Financial Protection
Bureau (CFPB) has released a set of exam procedures to assist
financial institutions and mortgage companies plan...
Thu, Aug 15 2013, 3:31 PM
CoreLogic's monthly Market Pulse
Molly Boesel looks at the influence interest rates, which have risen
by a little over 100 basis points from May t...
Thu, Aug 15 2013, 1:28 PM
In its August Economic and Housing
Market Outlook Freddie Mac celebrates, sort of, a birthday. It was
four years, at the end of June, since the rec...
Wed, Aug 14 2013, 8:53 AM
Despite
lower interest rates the volume of loan applications decreased during
the week ended August 9 The Mortgage Bankers Association (MBA) said
...
Wed, Aug 14 2013, 3:17 PM
In spite of a huge surge in auto loans,
Americans reduced their overall household debt by $78 billion during
the second quarter the Federal Reserve ...
Wed, Aug 14 2013, 2:51 PM
Even
as foreclosure activity wanes, homeowners continue to seek and obtain
loan modifications through HOPE NOW. The program announced today
that i...
Wed, Aug 14 2013, 1:53 PM
Four investor classes, foreign
investors, the Federal Reserve, fixed income funds, and banks, have
dominated the U.S. Treasury (UST) market in recen...
Tue, Aug 13 2013, 12:21 PM
Until the beginning
of the housing bust, distressed sales were only a small part of the
market and were discounted only in a modest and relatively s...
Tue, Aug 13 2013, 1:22 PM
Yesterday the California Association of
Realtors® (C.A.R.)
reported that home affordability in the state was falling rapidly.
Today the National...
Mon, Aug 12 2013, 2:35 PM
The affordability of California homes
is dropping rapidly as prices continue to soar and now higher
interest rates are compounding the problem. T...
Mon, Aug 12 2013, 2:15 PM
The Federal Reserve Bank of New York
has taken on a laudable and possibly herculean task - trying to
make its policies and operations understandable...
Fri, Aug 9 2013, 10:52 AM
Approximately
43,000 newly constructed homes were purchased in July, the Mortgage
Bankers Association (MBA) said today. MBA based its estimate on
...
Fri, Aug 9 2013, 3:09 PM
The
Office of Inspector General (OIG) of the Federal Housing Finance
Agency (FHFA) has published an assessment of the Home Affordable
Refinance Pr...
Fri, Aug 9 2013, 1:00 PM
When
municipalities like San Bernardino County, California, Chicago,
Brockton, Massachusetts, and Richmond California first proposed using
their po...
Thu, Aug 8 2013, 10:46 AM
Republican members of the House Financial Services Committee
claimed leadership in the area of housing finance reform in the wake
of President Oba...
Thu, Aug 8 2013, 10:42 AM
Fannie
Mae reported this morning that it posted its sixth consecutive
quarterly profit in the second quarter of 2013 and will pay taxpayers
a $10....
Thu, Aug 8 2013, 5:58 PM
The 9 th District U.S. Court
of Appeals in San Francisco may have opened the door for a rash of
lawsuits by homeowners who were not offered the p...
Thu, Aug 8 2013, 1:32 PM
Distressed
loans fell to the lowest level in five years during the second
quarter the Mortgage Bankers Association (MBA) said today. Both
delinq...
Wed, Aug 7 2013, 12:04 PM
Freddie
Mac has again reported strong quarterly financial results with net
income in the second quarter of 2013 coming in at $5.0 billion, $0.6
bi...
Wed, Aug 7 2013, 11:31 AM
Consumers appear to take for granted
that mortgage interest rates are going to rise. Only 5 percent of
respondents to the July National Housing ...
Wed, Aug 7 2013, 10:54 AM
President
Barack Obama, speaking to an audience in Phoenix yesterday, tied his
proposal reforming the U.S. housing system to both his on-going theme...
Wed, Aug 7 2013, 8:49 AM
The
summer doldrums prevailed during the week ended August 6 with
mortgage activity barely stirring compared to the previous week and
interest rate...
Wed, Aug 7 2013, 4:20 PM
Freddie Mac fired a warning shot in the
direction of the City of Richmond California today, threatening to
sue if the city moves forward with its ...
Tue, Aug 6 2013, 9:33 AM
President Barack Obama will spotlight
his vision for the future of the U.S. Housing system in a speech this
afternoon in Phoenix. While few detai...
Tue, Aug 6 2013, 4:34 PM
Bank of American (BOA) was charged
along with two of its subsidiaries on Tuesday with defrauding
investors who bought residential mortgage-backed s...
Tue, Aug 6 2013, 2:18 PM
Mortgage delinquency data released by
TransUnion today show that mortgage delinquencies are plummeting nationally. The rate of borrowers 60
days ...
Tue, Aug 6 2013, 2:09 PM
The list of 'Improving Markets"
compiled by the National Association of Home Builders (NAHB) and
First American Title declined by eight in August t...
Tue, Aug 6 2013, 1:38 PM
Housing prices increased by what the
Chief Economist for CoreLogic called " a remarkable 10 percent "
in the first six months of 2013, the company...
Mon, Aug 5 2013, 11:02 AM
The
headline news from the Lender Processing Services (LPS) Mortgage
Monitor Report for June, that
early mortgage delinquencies had surged 10 pe...
Mon, Aug 5 2013, 3:11 PM
Is the recent change in long-term
Treasury yields the result of investors optimism about higher
short-term rates down the road, or are they demandin...
Mon, Aug 5 2013, 2:49 PM
The
Mortgage Bankers Association's new Mortgage Credit Availability Index
(MCAI) increased in June to 112.3 from 108.9 in May, an increase of
2...
