Wed, Nov 14 2012, 3:26 PM
The housing boom and its accompanying
price appreciation significantly distorted buyer choices about mortgage
financing according to an Economic ...
Tue, Nov 13 2012, 12:48 PM
Despite
record low interest rates , the Mortgage Bankers Association's (MBA) Commercial
and Multifamily Originations Index fell during the third ...
Tue, Nov 13 2012, 9:59 AM
TransUnion, a big three national
consumer credit reporting agency, says that mortgage delinquencies of 60 days or
more duration declined in the ...
Tue, Nov 13 2012, 4:47 PM
Freddie Mac reported on Tuesday that
nearly a third of the borrowers who refinanced their loans in the third quarter
chose new loans with a short...
Mon, Nov 12 2012, 9:36 PM
The Monitor in charge of managing the
$25 billion settlement between mortgage servicing companies and federal
agencies working in conjunction with...
Sun, Nov 11 2012, 9:07 PM
Freddie Mac and Fannie May have announced new
requirements for managing law firms retained for bankruptcies and
default-related legal matters incl...
Fri, Nov 9 2012, 10:32 AM
Paul Kiel of ProPublica has published a serious critique of the Treasury Department's early oversight of the Home Affordable
Modification Progra...
Fri, Nov 9 2012, 9:36 AM
David H. Stevens, President and CEO of
the Mortgage Bankers Association criticized the federal government and
financial regulators as providing a ...
Fri, Nov 9 2012, 4:24 PM
The Departments of Treasury and Housing
and Urban Development released their October edition of the Obama
Administration's Housing Scorecard on Fr...
Fri, Nov 9 2012, 1:05 PM
Freddie Mac has declared a mandatory
suspension of evictions and foreclosures on homes secured by mortgages it owns
or guarantees which were affec...
Fri, Nov 9 2012, 1:02 PM
David H. Stevens, President & CEO of the Mortgage Bankers Association ( MBA ) today issued the following statement in reaction to the announcement b...
Thu, Nov 8 2012, 12:07 PM
Lender
Processing Services (LPS) notes a "marked upturn" in delinquency rates in its September
Mortgage Monitor released this
morning. The com...
Thu, Nov 8 2012, 11:51 AM
Fannie Mae in reporting net income of
$1.8 billion in the third quarter of 2012 from $5.70 billion in net revenue
compared to a net loss of $5.1 ...
Wed, Nov 7 2012, 11:29 AM
Lawrence
Yun , NAR chief economist, said the growth in home prices gets down to supply
and demand. "Housing inventories have been gradually trendin...
Wed, Nov 7 2012, 8:12 AM
The Mortgage Bankers Association (MBA)
said Hurricane Sandy , the powerful storm that slashed through much of the
northeast, also impacted mortgage...
Wed, Nov 7 2012, 4:30 PM
Americans continue to refinance with new
loans the same size or smaller than the loans they are replacing. Freddie Mac's third quarter refinance
a...
Wed, Nov 7 2012, 2:01 PM
Industry issued statements in response to last night's reelection of President Barack Obama.
The Mortgage Bankers Association (MBA), SIFMA and th...
Wed, Nov 7 2012, 1:50 PM
The convergence of expectations
about both rising home prices and rising rents may motivate more consumers to
purchase a home in the coming mont...
Tue, Nov 6 2012, 11:36 AM
The National Association of Home
Builders (NAHB)/First American list of improving markets jumped by a net of 22 metropolitan
areas (MSAs) this mon...
Tue, Nov 6 2012, 10:55 AM
Home prices increased 5 percent on an
annual basis in September according to data released this morning by
CoreLogic. The CoreLogic Home Price
Ind...
Tue, Nov 6 2012, 6:39 PM
Reuters is reporting that the federal
government is investigating Wells Fargo & Company for its mortgage-related
practices including the originati...
Tue, Nov 6 2012, 6:16 AM
Loan modifications and other foreclosure
prevention measures directed at privately owned mortgages continued at a high
rate during both September an...
Mon, Nov 5 2012, 5:45 PM
Home ownership, which has already
dropped 2.7 percent since the start of the current housing crisis, is expected
to decline another 1 to 2 percentag...
Thu, Nov 1 2012, 8:39 AM
The Federal
Reserve's Senior Loan Officer Opinion Survey on Bank Lending Practices asked lending officers from 64 institutions for
information on ...
Thu, Nov 1 2012, 3:55 PM
A sellers' market appears to be emerging
in some areas in California. The
California Association of Realtors® (C.A.R.) said Thursday that favorab...
Thu, Nov 1 2012, 2:15 PM
When America spun into the recession the
default rate on mortgages also spiraled up from traditional norms of 0 to 2
percent to as high as 10 perc...
Thu, Nov 1 2012, 1:42 PM
Two federal agencies announced
on Thursday that they are working together to create the first comprehensive
repository of detailed mortgage loan in...
Wed, Oct 31 2012, 12:39 PM
Agreements were announced on Wednesday with
nine private insurance carriers that will make foreclosure alternatives much
quicker and easier for ...
Wed, Oct 31 2012, 10:58 AM
The Consumer Financial Protection Bureau
(CFPB) reposted one of its earliest blog postings today to help the victims of
Hurricane Sandy avoid the ...
Wed, Oct 31 2012, 10:50 AM
While completed foreclosures continued
to drop in September, CoreLogic's National
Foreclosure Report points out that they are still nearly tripl...
Wed, Oct 31 2012, 9:02 AM
Applications for refinancing declined
for the fourth straight week according to information from the Mortgage Bankers
Association's (MBA) Weekly Mo...
Tue, Oct 30 2012, 12:03 PM
Vacancy rates in the third quarter
declined from one year earlier for both homeowner properties and those held as
rentals according to the U.S. Cen...
Tue, Oct 30 2012, 10:20 AM
There is
continued good news about home prices from the S&P/Case-Shiller Home Price
Indices today. Both the 10-City and the
20-City Composites...
Tue, Oct 30 2012, 3:14 PM
Homeowners with Freddie Mac mortgages
will get some help if their homes were damaged or destroyed by Monday's massive
storm. The company announce...
Fri, Oct 26 2012, 11:44 AM
Home prices rose
0.2 percent in August compared to July on the Home Price Index (HPI) produced
by Lender Processing Services (LPS). The
LPS HPI i...
Fri, Oct 26 2012, 2:39 PM
Three different scenarios for predicting the level of
additional financial support the two government sponsored enterprises (GSEs)
Freddie Mac and F...
Thu, Oct 25 2012, 11:38 AM
The National Association of Home
Builders' (NAHB) Remodeling Market Index (RMI) for the third quarter hit 50 for
the first time since the same per...
Thu, Oct 25 2012, 10:30 AM
Sixty-two percent of major metropolitan
areas saw an improvement in foreclosure activity during the third quarter of
2012 with 141 of the nation's ...
Thu, Oct 25 2012, 10:21 AM
Pending home sales were flat in
September, inching up 0.3 percent on the Pending Home Sales Index (PHSI)
maintained by the National Association of ...
Thu, Oct 25 2012, 4:36 PM
Current housing recovery chatter centers around two main themes...
Wed, Oct 24 2012, 11:52 AM
Sales of new single-family houses were
up 5.7 percent in September to a seasonally adjusted annual rate of 389,000
units, but in announcing the inc...
Wed, Oct 24 2012, 10:23 AM
The Mortgage Bankers Association (MBA)
said this morning that mortgage application activity dropped sharply during the
week ended October 19. The...
Wed, Oct 24 2012, 9:12 AM
Home prices have increased 4.7 percent
over the past 12 months according to information released late Tuesday by the
Federal Housing Finance Agency...
Wed, Oct 24 2012, 3:09 PM
Bank of America (BOA) was sued in
Federal Court today for civil mortgage fraud in a complaint seeking civil
penalties as well as treble damages a...
Wed, Oct 24 2012, 1:43 PM
The
enormous numbers of foreclosures over the last six years have, of course, had
immediate impacts on the families who lose their homes. The ef...
Tue, Oct 23 2012, 5:26 PM
The Mortgage Bankers Association's ( MBA )
chief economist echoed much of what Freddie Mac's economists said this afternoon
as he hiked MBAs esti...
Tue, Oct 23 2012, 4:36 PM
Freddie Mac is revisiting its economic projections
for the remainder of 2012 and 2013 due to the announcement by the Federal
Reserve of its Maturi...
Tue, Oct 23 2012, 1:52 PM
The
recent crisis in housing with its attendant foreclosure issues has underscored
how different the laws relating to consumer protection, foreclo...
Mon, Oct 22 2012, 8:42 PM
As it does each month, lender Processing Services (LPS) has
released preliminary data from its forthcoming Mortgage Monitor report. The early dat...
Mon, Oct 22 2012, 3:38 PM
RealtyTrac, the Irvine California
company that tracks foreclosure filings, just issued a pre-election "exclusive
report on the health of local housi...
