Mon, Jul 1 2013, 5:15 PM
Fannie Mae has agreed to take $968
million as compensation from Citigroup (Citi) for a large group of
mortgages the bank was accused of misrepre...
Mon, Jul 1 2013, 2:58 PM
The Joint Center for
Housing Studies released its annual State of the Nation's Housing
report last week. Key points indicate a housing recovery tha...
Thu, Jun 27 2013, 11:09 AM
The
National Association of Realtors® (NAR) said today that rising
interest rates may finally be forcing many hesitant buyers into the
market. ...
Thu, Jun 27 2013, 10:46 AM
After five years of tough sledding, the
Las Vegas real estate market may be turning around . DataQuick
reports that home sales in the city - which...
Wed, Jun 26 2013, 10:34 AM
Freddie Mac's Total Mortgage Portfolio
decreased from an unpaid principle balance (UPB) of $1.949 trillion
at the end of April to $1.944 trillio...
Wed, Jun 26 2013, 8:34 AM
The
Mortgage Bankers Association (MBA) said rising interest rates caused
mortgage application activity to fall for the second straight time
week ...
Tue, Jun 25 2013, 12:43 PM
The Consumer Financial Protection
Bureau ( CFPB ) has issued another set of proposed clarifications and
revisions to the mortgage rules it release...
Tue, Jun 25 2013, 11:51 AM
Lender Processing Services (LPS)
published a "first look" at month-end mortgage performance
statistics for May which continue to show substantial ...
Tue, Jun 25 2013, 11:28 AM
Home prices for April as reflected in
the Federal Housing Finance Agency's (FHFA) Home Price Index (HPI)
rose 0.7 percent on a seasonally adjusted ...
Tue, Jun 25 2013, 11:16 AM
Newly constructed home sales rose 2.1
percent in May to a seasonally adjusted annual rate of 476,000 units.
The U.S. Census Bureau and the Depa...
Tue, Jun 25 2013, 10:38 AM
Home prices rose faster from March to
April than they ever have in the history of the Case Shiller Indices
the S&P/Case-Shiller announced today. ...
Tue, Jun 25 2013, 4:16 PM
Lorraine Brown, the former CEO of
Lender Processing Services (LPS) subsidiary DocX, LLC and an alleged
key player in what came to be known as the ...
Tue, Jun 25 2013, 3:56 PM
Both the MBA and FHFA have published responses to the bill introduced by a bipartisan
group of senators led by Bob Corker (R-TN) and Mark Warner (D-V...
Tue, Jun 25 2013, 3:12 PM
The
Mortgage Bankers Association (MBA) and AllRegs have released a new
index that is designed to capture how the availability of mortgage
credit...
Tue, Jun 25 2013, 1:48 PM
Reuters is reporting that a bill will
be introduced today to abolish the two government sponsored
enterprises (GSEs) Freddie Mac and Fannie Mae ...
Mon, Jun 24 2013, 11:26 AM
Home prices
continue to make substantial gains in most areas of the country with some areas
in California seeing an increase of as much as 3 perc...
Mon, Jun 24 2013, 3:21 PM
The
California Association of Realtors® (C.A.R.) reports that May sales
of bank-owned properties (REO) were at the lowest level since October
2007...
Mon, Jun 24 2013, 3:02 PM
Despite some hurdles foreign buyers
continue to purchase properties in the U.S., accounting for six
percent of existing home sales. The National As...
Fri, Jun 21 2013, 1:36 PM
Modifications
under the HOPE NOW alliance declined significantly in April, due
entirely to a decline in the number of proprietary transactions. ...
Thu, Jun 20 2013, 12:03 PM
Sales of existing homes rose again in
May and prices posted the biggest annual gain in eight years the
National Association of Realtors®
(NAR) s...
Thu, Jun 20 2013, 11:19 AM
The Mortgage Bankers
Association released the fourth of five planned concept papers
which recommend immediate steps the Federal
Housing Finance ...
Thu, Jun 20 2013, 10:32 AM
Builders and suppliers are noting
significant shortages of certain home building materials even though
new home and other construction is describe...
Wed, Jun 19 2013, 12:45 PM
Housing
and Urban Development Secretary Shaun Donovan and four state
attorney's general, John Suthers (Colorado), Pam Bondi (Florida), Tom
Miller (...
Wed, Jun 19 2013, 11:48 AM
The Monitor of the National Mortgage Settlement submitted separate
reports today to the U.S. District Court for the District of Columbia
detailing...
Wed, Jun 19 2013, 9:22 PM
Even
as real estate agents in many parts of the country are decrying the
lack of available homes to sell, RealtyTrac, the California company
that ...
Wed, Jun 19 2013, 8:58 AM
The
rebound in mortgage application volume reported by the Mortgage
Banker's Association (MBA) last week was short lived as both
refinancing an...
Wed, Jun 19 2013, 3:02 PM
Refinancing and
purchases held their respective market shares for closed loans in May
at 58 percent and 42 percent respectively according to Ellie ...
Tue, Jun 18 2013, 10:10 AM
Residential construction starts rose in
May while permitting for new construction was down slightly the U.S. Census
Bureau and the Department of Hou...
Tue, Jun 18 2013, 5:58 PM
Wells Fargo bank held a conference call
on the outlook for the housing market on Tuesday, the first of
several planned for 2013. The bank's econ...
Tue, Jun 18 2013, 5:43 PM
Mortgage rates have risen sharply over
the last month and Freddie Mac , in its monthly Economic and
Housing Market Outlook for June, focuses on w...
Tue, Jun 18 2013, 2:01 PM
Commercial
and multifamily mortgage debt fell by $4.9 billion in the first
quarter of 2013. The total debt in the first quarter was $2.41
trill...
Mon, Jun 17 2013, 11:03 AM
Low
inventories and increasing traffic have unleashed the confidence of
new new home builders the National Association of Home Builders
(NAHB) said...
Fri, Jun 14 2013, 3:29 PM
Americans' confidence in U.S. banks has
rebounded a bit from the low it hit in 2012. Gallop reports that 26
percent of recent survey respondents ...
Fri, Jun 14 2013, 2:38 PM
The American Institute of Architects
(AIA) is seeing an improving market reflected in the size and
amenities Americans now expect in both new home...
Fri, Jun 14 2013, 2:02 PM
The California housing market heated up
a little more in May with resales of houses and condominiums rising
by 8.3 percent from resales in April. ...
Thu, Jun 13 2013, 11:20 AM
RealtyTrac reported
today that an increase in bank repossessions in May boosted
foreclosure activity by 2 percent compared to April when foreclo...
Thu, Jun 13 2013, 5:05 PM
Fannie
Mae's Economic Outlook series continued its 2013 theme "Transition to
'Normal?'" in its June edition saying that four years into an expansio...
Thu, Jun 13 2013, 4:34 PM
The Federal Housing
Finance Agency (FHFA) submitted its 2013 Report to Congress on Thursday. The Report covers the Agency's regulation of
the Fed...
Thu, Jun 13 2013, 4:29 PM
The Consumer Financial Protection Bureau (CFPB) has
launched a new web page which consolidates all of the new mortgages rules
issued this year and t...
Wed, Jun 12 2013, 9:48 AM
The
real story about racial discrimination in housing today, Shaun
Donovan, Secretary of the Department of Housing and Urban Development
(HUD) said...
Wed, Jun 12 2013, 9:07 AM
After a string of dismal weeks during which refinancing activity dropped to its lowest level since November 2011, applications for both refinancing a...
Wed, Jun 12 2013, 3:45 PM
The House Financial
Services Committee held a hearing today titled: "Beyond the GSEs:
Examples of Successful Housing Finance Models without Expli...
Wed, Jun 12 2013, 2:43 PM
Nearly one-half million homeowners
refinanced their mortgages in March according to the Refinance
Report released by the Federal
Housing Financ...
Wed, Jun 12 2013, 2:24 PM
Over three-quarters
of a million homeowners emerged from being underwater on their
mortgages during the first quarter of 2013 and 39 million hous...
Tue, Jun 11 2013, 10:49 AM
Freddie Mac and Fannie Mae reported
aggregate earnings of about $18.7 billion in FY2012, $12.1 billion of
which was earned in the fourth quarter ...
Tue, Jun 11 2013, 4:59 PM
Contrary to the increasingly prevalent argument that the benefits of homeownership
have been overemphasized, a new study by finds that it is still a...
Tue, Jun 11 2013, 4:45 PM
The
Federal Reserve Bank of New York has published a paper by one of its
former visiting scholars that flies in the face of the stated policy
of ...
Mon, Jun 10 2013, 6:54 PM
The immigration reform bill will finally get it's debut on the floor
of the Senate tomorrow with potentially big implications for the Housing
and ...
Mon, Jun 10 2013, 5:57 PM
This
is the second of a two-part summary of the Center for American
Progress (CAP)/National Council of LaRaza paper titled Making
the Mortgage Ma...
Fri, Jun 7 2013, 6:56 PM
The
U.S. Department of Housing and Urban Development ( HUD ) and the U.S.
Department of the Treasury today released the May edition of the
Obama Ad...
