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 ...
Thu, May 23 2013, 12:10 PM
As has every other price-related report,
the one issued by the Federal Housing Finance Agency (FHFA) today confirmed the
upward momentum of home pr...
Thu, May 23 2013, 9:44 AM
Reporting on
FHFA and GSE operations during the period the OIG noted the significant
improvement in the GSEs' financial results with Fannie Mae re...
Thu, May 23 2013, 1:41 PM
New home sales rose 2.3 percent on a seasonally adjusted basis in April to an annual rate of 454,000 units . The Census Bureau and the Department ...
Wed, May 22 2013, 12:24 PM
Existing home sales remain constrained
by limited inventory and tight credit but still managed to eke out a small
increase in April the National A...
Wed, May 22 2013, 11:29 AM
Lender Processing Services (LPS) has
provided its regular advanced release of data from its Mortgage Monitor . This " first
look " at April 2013 m...
Wed, May 22 2013, 8:33 AM
A big drop in applications for
refinancing dragged the Mortgage Bankers Associations Market Composite Index, a
measure of mortgage applications v...
Wed, May 22 2013, 3:11 PM
Members of a
House Financial Services subcommittee issued a press release Tuesday afternoon
which essentially dismissed testimony heard earlier in...
Wed, May 22 2013, 3:04 PM
In April 2012 distressed properties
accounted for 45.8 percent of home sales in California the states Association
of Realtors® said Wednesday, but l...
Tue, May 21 2013, 12:51 PM
Recognizing that real estate investors have played a key role in the state's housing market recovery, the California Association of Realtors® (C.A.R...
Mon, May 20 2013, 12:49 PM
Most risk professionals who
participated in a recent survey believe the status quo is going to prevail when
it comes to loan delinquencies over the ...
Mon, May 20 2013, 2:53 PM
Maintaining that the conservatorships of Fannie Mae and Freddie Mac (the GSEs) have caused government involvement in the mortgage market to balloon...
Mon, May 20 2013, 1:31 PM
Fannie Mae's economic and strategic research team today called the housing recovery "undeterred" after it contributed 0.3 percentages points to ec...
Fri, May 17 2013, 4:56 PM
The Center for Responsible Lending (CRL) has released a brief issues paper voicing objections to HR 1077 , The Consumer Mortgage Choice Act. The bil...
Fri, May 17 2013, 3:18 PM
Lawrence Yun, chief economist for the National Association of Realtors® (NAR) said Thursday it might be time to " dial down the credit stringency ." ...
Fri, May 17 2013, 2:26 PM
A Texas homebuilder will surrender more than $100,000 to the Consumer Finance Protection Agency under a consent order filed on Friday. Paul Taylo...
Fri, May 17 2013, 2:04 PM
Senator Bill Nelson (D-FL has asked for an investigation and possible "crackdown" on the manner in which short sales are impacting consumer credit fi...
Fri, May 17 2013, 1:54 PM
The Consumer Finance Protection Agency (CFPB) reminded lenders today that new Truth in Lending Act (TILA) rules banning mandatory arbitration provis...
Thu, May 16 2013, 9:51 AM
The U.S. Census Bureau and the Department of Housing and Urban Development said today that new housing starts were down in April by 16.5 percent c...
