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...
Fri, Jun 7 2013, 3:35 PM
The
Center for American Progress (CAP) and the National Council of La
Raza have released a paper, Making
the Mortgage Market Work for American's Fa...
Fri, Jun 7 2013, 1:51 PM
Today's payrolls numbers had a chance to give clear pause to near-term tapering prospects, IF
it had been weak enough. It similarly had a chanc...
Thu, Jun 6 2013, 5:30 PM
Frank Nothaft , Freddie Mac vice president and
chief economist said, "Borrowers continue to strengthen their
fiscal house by taking advantage of nea...
Thu, Jun 6 2013, 3:58 PM
Among
the areas of focus in the most recent edition of Lender Processing
Service's (LPS) Mortgage
Monitor are the metrics
surrounding the market...
Thu, Jun 6 2013, 1:25 PM
Although there was no
information as to precisely what precipitated it, Wells Fargo Bank ,
N.A. has agreed to invest $39 million dollars to help im...
Thu, Jun 6 2013, 1:24 PM
Every
month Fannie Mae releases a report on the results of its most recent
National Housing Survey. The survey, which is conducted by telephone
am...
Thu, Jun 6 2013, 1:22 PM
For the fifth straight month more than
70 percent of U.S. Metropolitan areas are listed as "improving"
by the National Association of Home Builder...
Wed, Jun 5 2013, 12:24 PM
Representative
Darrell Issa (R-CA) is said to have accused the Federal Housing
Administration (FHA) of attempting to bury a $115 shortfall in its
...
Wed, Jun 5 2013, 8:54 AM
There
was another substantial drop in mortgage applications during the week
ended May 31 as rates increased, in some cases to 13 month highs.
Th...
Wed, Jun 5 2013, 3:12 PM
More than 750 builders are in
Washington today, attending the National Association of Home Builders
( NAHB ) annual Legislative Conference. Over ...
Wed, Jun 5 2013, 2:56 PM
The fifth annual report of the State
Regulatory Registry (SRR) shows substantial growth in its National
Mortgage Licensing System ( NMLS ) as that...
Wed, Jun 5 2013, 2:23 PM
Following the success of an
escalation process initiated in February, Fannie Mae is introducing
another website tool to help real estate professiona...
Tue, Jun 4 2013, 1:50 PM
The Consumer
Financial Protection Bureau is giving financial and mortgage
companies a heads-up about what examiners will be looking for under
new...
Tue, Jun 4 2013, 1:34 PM
Citing
his concerns that homeowners across New York State are being held in
"legal limbo" , the state's Attorney General, Eric T.
Schneiderman, ha...
Tue, Jun 4 2013, 1:27 PM
Delinquency rates for commercial and
multifamily mortgages generally declined during the first quarter of
the year except for a notable increase in...
Tue, Jun 4 2013, 1:11 PM
According to the
CoreLogic April Home Price Index (HPI) including distressed sales
home prices are now up 12.1 percent on an annual basis. In M...
Mon, Jun 3 2013, 12:38 PM
The U.S. Census Bureau has just
released the 2012 version of its report on Characteristics of New
Housing . The report is composed of dozens of in...
Mon, Jun 3 2013, 2:43 PM
The
third of five planned concept papers outlining recommended steps to
ease the transition during secondary market reform was published
today by...
Fri, May 31 2013, 4:57 PM
The massive public database of consumer
complaint information which the Consumer Financial Protection Bureau
(CFPB) brought on-line in March has now...
Fri, May 31 2013, 3:10 PM
As
the housing crisis unrolled the Department of Housing and Urban
Development (HUD) and the two government sponsored enterprises (GSEs)
Freddie Ma...
Thu, May 30 2013, 11:15 AM
The Obama Administration has extended its Making Home
Affordable (MHA) program through December 2015. The action, taken
Thursday brings that pro...
Thu, May 30 2013, 11:03 AM
Pending home sales in April rose a
slight 0.3 percent to 106.0 on the National Association of Realtors®
(NAR) Pending Home Sales Index (PHSI). I...
Thu, May 30 2013, 10:10 AM
Foreclosure-related
home sales retreated to a 21 percent share of all homes sales in the
country during the first quarter of 2013. RealtyTrac rep...
Thu, May 30 2013, 2:03 PM
The Multifamily Production Index (MPI)
compiled by the National Association of Home Builders continued in
positive territory for the fifth straight...
Wed, May 29 2013, 12:11 PM
The foreclosure inventory has fallen by
nearly a quarter in the last year according to data released today by
CoreLogic. Approximately 1.1 mill...
Wed, May 29 2013, 9:13 AM
Waning enthusiasm for refinancing again drove the volume of mortgage applications down during the week ended May 24. The Mortgage Bankers Association...
Wed, May 29 2013, 3:17 PM
The
Consumer Financial Protection Agency has, as it promised earlier,
released changes to the Ability-to-Repay rule due to go into effect
in Janu...
Wed, May 29 2013, 2:22 PM
The Federal Deposit Insurance Corporation said today that its
insured depository institutions reported aggregate net income of
$40.3 billion in th...
Tue, May 28 2013, 10:45 AM
S&P Dow Jones reported today that both its 10-City and 20-City Case-Shiller Composite Indices posted increases in the first quarter of 2013 that were ...
Tue, May 28 2013, 5:19 PM
Fannie Mae recently canvased a few of its lenders to gather reactions to the new representation and warranty framework it recently put into operatio...
Tue, May 28 2013, 2:37 PM
The latest in the monthly rollout of reports on the housing sector's recovery, as reflected in house prices, came today with Case Shiller earlier and ...
Fri, May 24 2013, 10:42 AM
Freddie Mac said today that its total mortgage portfolio i ncreased by $951 million in April to $1.949 trillion , an increase of 0.6 percent. This ...