Thu, Jul 25 2013, 2:36 PM
Reuters is reporting that federal
regulators are considering revamping some of their rules related to
the retained risk provisions of the Dodd-Fra...
Wed, Jul 24 2013, 11:01 AM
New home sales in June rose to a
seasonally adjusted rate of 497,000 units an increase of 8.3 percent
compared to sales in May. The June figure w...
Wed, Jul 24 2013, 10:53 AM
While
foreclosure starts in California bumped up slightly in the second
quarter, the number of homeowners entering foreclosure in that state
was ...
Wed, Jul 24 2013, 8:54 AM
Applications
for refinancing continued to fall during the week ended July 19 and,
according to the Mortgage Bankers Association (MBA) are now at t...
Wed, Jul 24 2013, 3:54 PM
Investors have played a major role in
California real estate since the financial crisis began and are
continuing to fuel the housing recovery in tha...
Wed, Jul 24 2013, 2:00 PM
Among topics covered in a report from
the Special Inspector General for the Troubled Asset Relief Program
(SIGTARP) issued today was a critical sum...
Tue, Jul 23 2013, 10:27 AM
Home prices rose on a month-over-month
basis for the 16 th consecutive month in May the Federal
Housing Finance Agency (FHFA) said today Prices...
Tue, Jul 23 2013, 3:38 PM
A Utah-based mortgage
company is being accused of paying its employees for steering
customers into higher priced mortgages. The Consumer Financia...
Tue, Jul 23 2013, 2:11 PM
The considerably
larger volume of loans in the foreclosure process in the judicial
states appears to be impeding home price recovery in those stat...
Mon, Jul 22 2013, 10:57 AM
Existing home sales dipped slightly in
June and May sales were revised down from previously reported levels
the National Association of Realtors®
(...
Mon, Jul 22 2013, 5:25 PM
The Treasury Department called attention to trends in "redefaults" among loans modified under the Home Affordable Modification Program
(HAMP) in a ...
Mon, Jul 22 2013, 3:23 PM
Representative
John Campbell (R-CA) has reintroduced the Defending American
Taxpayers From Abusive Government Takings Act he originally
sponsored...
Mon, Jul 22 2013, 1:51 PM
After a less-than-favorable reception at a hearing last Thursday, The House Financial
Services Committee (FSC) continues to campaign for the Prote...
Mon, Jul 22 2013, 1:35 PM
Fannie Mae said today in its July Economic and Strategic Report
that the view expressed in these reports since the first of this year
has not ch...
Fri, Jul 19 2013, 11:49 AM
The
House Financial Services Committee held a hearing Thursday on what is
called "discussion legislation" titled
A
Legislative Proposal to Pro...
Thu, Jul 18 2013, 12:45 PM
Reuters is reporting that the Senate
Banking Committee has approved the nomination of Mel Watt to replace
Edward J. DeMarco as director of the Fed...
Thu, Jul 18 2013, 12:04 PM
BB&T announced better than expected
financial results on Thursday, with second quarter earnings coming in
at 0.77 per share, .03 higher than estimat...
Thu, Jul 18 2013, 2:59 PM
The
Office of Inspector General (OIG) of the Federal Housing Finance
Agency (FHFA) has expressed some skepticism about FHFA's plans to
gradually ...
Wed, Jul 17 2013, 10:31 AM
Building permits and housing starts
both declined in June according to data released this morning by the
U.S. Census Bureau and the Department of Ho...
Wed, Jul 17 2013, 9:21 AM
After
months of delay the Senate voted Tuesday evening to confirm Richard
Cordray as the first director of the Consumer Financial Protection
Bureau...
Wed, Jul 17 2013, 9:16 AM
Purchase
applications shored up application volume during the week ended July
12 after four straight weeks of decline. Refinancing activity
continu...
Tue, Jul 16 2013, 12:38 PM
Is the 116 basis
points (bps) rise in rates from 3.35 percent to 4.51 percent within
the May 3 to July 12 th
enough to stall the housing recovery...
Tue, Jul 16 2013, 12:31 PM
The Housing Market Index (HMI) shot up
six points in July, reflecting the highest level of builder
confidence in the market for new homes since Ja...
Tue, Jul 16 2013, 12:12 PM
"The death of cash is greatly
exaggerated ." CoreLogic concurs with that quote from Mark Twain in
an article analyzing the impact cash sales has h...
Tue, Jul 16 2013, 2:06 PM
A perennial frontrunner of housing market trends, California's data
speaks to recent assertions that rising rates will affect sales more
than valu...
Tue, Jul 16 2013, 1:38 PM
Freddie Mac calls "Taper Talk" is
the main topic of conversation in the financial world, that is,
speculation about the timing and speed that the Fe...
Mon, Jul 15 2013, 9:22 AM
It would be a Hansel and
Gretelian task to follow the back and forth between the American Enterprise
Institute (AEI) and the Department of Housing a...
Fri, Jul 12 2013, 10:56 AM
The bill, which is still in draft form,
is sponsored by Republican members of the House Financial Services
Committee led by its chairman Jeb Hensarl...
Fri, Jul 12 2013, 3:08 PM
Generation X Americans, those born
between 1965 and 1979, formed the largest single group of homebuyers
in a recent survey conducted by the Nation...
Fri, Jul 12 2013, 2:45 PM
Over two-thirds of the $3.4 billion in checks issued to borrowers
who were aggrieved by various foreclosure mistakes or inequities had
been cashed a...
Thu, Jul 11 2013, 9:37 AM
Regulators
are proposing to exempt three types of loans from some of the
appraisal requirements for so-called higher priced mortgages . The
r...
Thu, Jul 11 2013, 9:36 AM
Even
as foreclosure activity is slowing dramatically nationwide, it
appears that judicial foreclosure states are revving up to clear
backlogs w...
Thu, Jul 11 2013, 5:06 PM
The
Mortgage Bankers Association (MBA) has just released the first
installment of a new measure of loan activity designed as a monthly
companion ...
Thu, Jul 11 2013, 3:08 PM
Data from the 2011 American Housing Survey which was released today
provides a bonanza of information for housing advocates and researchers
as we...
Thu, Jul 11 2013, 2:17 PM
Clarifications
and updates proposed by the Consumer Financial Protection Bureau
(CFPB) for the new Truth in Lending Act (TILA) and RESPA rules were
...
Wed, Jul 10 2013, 8:51 AM
Mortgage
application activity continued to slide last week , down 4 percent on
a seasonally adjusted basis from the week before, the fourth straig...
Wed, Jul 10 2013, 4:23 PM
The
Mortgage Bankers Association (MBA) has released the fifth and last in
a series of concept papers outlining its suggestions for immediate
step...
Wed, Jul 10 2013, 4:19 PM
A number of investors have filed suit
in two different courts against the U.S. Government over its
management of Freddie Mac and Fannie Mae (t...
Tue, Jul 9 2013, 11:01 AM
CoreLogic said today that completed
foreclosures ticked up slightly in May compared to April, but the
number of homes in process of foreclosure, the...
Tue, Jul 9 2013, 10:48 AM
The Mortgage Bankers Association (MBA)
and AllRegs® has released
the second monthly edition of their new Mortgage Credit Availability
Index (MCAI)...
Tue, Jul 9 2013, 1:19 PM
The
Office of the Comptroller of the Currency (OCC) along with the
Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve
Board (FRB)...
Mon, Jul 8 2013, 2:34 PM
The
Consumer Financial Protection Bureau's (CFPB's) Dodd-Frank
Mortgage Rules Readiness Guide is now available
to assist lending institutions e...
Mon, Jul 8 2013, 1:41 PM
Americans participating in Fannie Mae's
National Housing Survey were apparently not caught unawares by the
recent spike in mortgage interest rates...
Mon, Jul 8 2013, 1:16 PM
The number of metropolitan areas listed
as "improving" by the National Association of Home Builders
(NAHB) and First American Title fell slightly i...
Mon, Jul 8 2013, 1:01 PM
Mortgage delinquencies in May posted
the largest year-to-date drop seen since 2002 Lender Processing
Services (LPS) said today. Delinquencies wer...
Wed, Jul 3 2013, 10:58 AM
The Consumer
Financial Protection Bureau ( CFPB ) has issued a list of counties
determined to have been "rural" or "underserved" during 2012.
Th...
Wed, Jul 3 2013, 9:08 AM
The
numbers of mortgage applications fell again during the week ended
June 28, the third consecutive week they have done so. The Mortgage
Banker...
Tue, Jul 2 2013, 10:37 AM
There is a remarkable
degree of agreement among prevalent purveyors of Home Price Indices that prices this spring have risen higher and faster
tha...
Tue, Jul 2 2013, 10:27 AM
The Census Bureau reported this week
that there were approximately 31,600 privately financed,
non-subsidized rental apartment units completed in t...
Tue, Jul 2 2013, 3:14 PM
Two insurance industry trade groups,
the American Insurance Association and the National Association
of Mutual Insurance Companies, whose members se...
