Mon, Oct 22 2012, 1:35 PM
The Mortgage Bankers Association ( MBA )
called on policymakers in Washington today to create a new position to
coordinate housing policy ; what MB...
Fri, Oct 19 2012, 11:27 AM
Existing home sales declined slightly in September,
but the national median home price rose as inventories tightened. The National Association of R...
Fri, Oct 19 2012, 10:49 AM
Lenders have made some improvement in
the eyes of California real estate agents in their handling of short sales , but
the process remains problem...
Thu, Oct 18 2012, 10:29 AM
The Harvard Joint Center for Housing
Studies is predicting strong gains in remodeling and home improvement activity
over the rest of 2012 and the ...
Thu, Oct 18 2012, 3:34 PM
The Mortgage Bankers Association ( MBA )
has sent a letter to the Federal Reserve, Office of the Comptroller of the
Currency and the Federal Depos...
Thu, Oct 18 2012, 3:17 PM
Six
years ago the Center for Housing Policy (CHP) and the Center for Neighborhood
Technology (CNT) published a study, A
Heavy Load: The Combined...
Wed, Oct 17 2012, 12:41 PM
Permits
for new single family houses jumped 11.6 percent in September. The seasonally adjusted annual rate rose from
a revised August estimate of ...
Wed, Oct 17 2012, 12:03 PM
The
Mortgage Bankers Association has sent a letter and supporting materials to the
Consumer Financial Protection Bureau providing its opinion on t...
Wed, Oct 17 2012, 10:27 AM
In
2011 the two government sponsored enterprises (GSEs) pursued deficiencies
following foreclosures in the amount of $2.1 billion but collected o...
Wed, Oct 17 2012, 8:48 AM
The Mortgage Bankers Association's (MBA)
Weekly Mortgage Applications Survey showed a slight increase in applications
for home purchases during th...
Wed, Oct 17 2012, 2:37 PM
While
the time to close a loan increased again in September, lenders are closing a
significantly higher portion of loans than they have in earlier m...
Tue, Oct 16 2012, 12:34 PM
The National Association of Home Builder's
(NAHB)/Wells Faro Housing Market Index (HMI) again edged closer to positive
territory this month, incre...
Tue, Oct 16 2012, 9:12 AM
A late-breaking WSJ story tonight covered a potential compromise on a government proposal to legislate loan approval guidelines, and it requires some ...
Tue, Oct 16 2012, 4:51 PM
Refinancing
through Freddie Mae and Fannie Mae jumped sharply in August as homeowners continued
to take advantage of record low rates. The
two gov...
Mon, Oct 15 2012, 5:10 PM
For the last few months the National
Association of Realtors® (NAR) has been making some general statements that tight
inventories of existing home...
Mon, Oct 15 2012, 1:49 PM
HOPE NOW , the voluntary, private
sector alliance of mortgage servicers, investors, mortgage insurers and
non-profit counselors, reported that its p...
Fri, Oct 12 2012, 11:33 AM
Two of the nation's largest banks
published third quarter earnings today and both credited their respective
mortgage businesses for part of their su...
Fri, Oct 12 2012, 10:48 AM
(This is
the first in what will be a series of articles
featuring mortgage companies and individual professionals who are giving back
to their comm...
Thu, Oct 11 2012, 11:20 AM
The Financial Crimes Enforcement Network
(FinCEN) has issued its Mortgage Fraud Update for the second quarter of 2012. The update is based on mort...
Thu, Oct 11 2012, 10:03 AM
Foreclosure
activity nationwide fell to the lowest level in September since almost the
beginning of the foreclosure crisis according to RealtyT...
Wed, Oct 10 2012, 12:48 PM
A "sizable share of
real estate appraisals are holding back home sales" the National Association of
Realtors® (NAR) said Wednesday as it released re...
Wed, Oct 10 2012, 10:36 AM
The Department of Justice (DOJ) brought two
separate groups of actions on Tuesday charging criminal and civil mortgage
fraud. In the first , 28...
Wed, Oct 10 2012, 9:20 AM
Mortgage application activity eased slightly
last week after reaching recent record high levels during the week ended
September 29. The Mortgage B...
Wed, Oct 10 2012, 5:00 PM
The Summary of Commentary on Current Economic Conditions by Federal Reserve District or the so-called Beige Book was released on Wednesday. The doc...
Wed, Oct 10 2012, 3:57 PM
The
Mortgage Bankers Association ( MBA ) has submitted comments to the Consumer
Financial Protection Bureau ( CFPB ) regarding the CFPBs August 10...
Tue, Oct 9 2012, 11:36 AM
Americans responding to the Fannie Mae's
September edition of its National Housing Survey displayed greater optimism
about the housing market , h...
Tue, Oct 9 2012, 10:36 AM
The nation's
shadow inventory dropped to 2.3 million housing units in July, down 10.2
percent from where it stood one year earlier. According to...
Tue, Oct 9 2012, 4:42 PM
The Federal
Housing Finance Agency ( FHFA ) has released its Strategic Plan for the years
2013-2017 . The Plan builds on the one
presented by FHF...
Fri, Oct 5 2012, 4:52 PM
The Departments
of Treasury and Housing and Urban Development released the August version of their
monthly Housing Scorecard this afternoon. The S...
Fri, Oct 5 2012, 3:11 PM
Bill Dudley, president and CEO of the
Federal Reserve Bank of New York and vice chair of the Federal Open Market
Committee (FOMC) told a conference ...
Fri, Oct 5 2012, 2:23 PM
In February, the Federal Housing Finance Agency (FHFA)
issued a strategic plan for its ongoing conservatorship of Freddie Mac and
Fannie Mae (...
Thu, Oct 4 2012, 11:58 AM
Key housing policies on the horizon are complex and it’s difficult to explain them in simple terms. This is why we haven’t heard much from the Preside...
Thu, Oct 4 2012, 11:00 AM
Multi-family lending increased dramatically
in 2011 according to a report released by the Mortgage Bankers Association
(MBA) today. Perhaps more im...
Thu, Oct 4 2012, 10:45 AM
CoreLogic reported this morning that completed foreclosures in
August were 24 percent lower than one year earlier and also down from July. There
...
Thu, Oct 4 2012, 1:14 PM
The number of metropolitan areas on the
list of improving housing markets increased to 103 in September, an increase of
four from the August tally...
Wed, Oct 3 2012, 12:25 PM
Mortgages were prepaid at a higher rate
in August than at any time since 2005 according to the August Mortgage Monitor report issued by Lender
Pro...
Wed, Oct 3 2012, 8:49 AM
Record low interest rates prompted a
surge in mortgage applications during the week ended September 28. The Mortgage Bankers Association (MBA) s...
Wed, Oct 3 2012, 4:47 PM
Editor's note : DataQuick®, a provider of
advanced real estate information solutions recently announced that Gordon
Crawford, Ph.D. had joined thei...
Tue, Oct 2 2012, 10:21 AM
Home prices in August posted the largest annual increase in
over six years according to data released this morning by CoreLogic . The company's Au...
Tue, Oct 2 2012, 9:18 AM
The Justice Department (DOJ) task
force formed to pursue past offenses in the creation, sale, and servicing of
residential mortgage-backed securiti...
Tue, Oct 2 2012, 7:37 PM
The Federal Housing Finance Agency
(FHFA) announced today that the Cogsville Group, LLC is the second successful
bidder in the agency's owned rea...
Tue, Oct 2 2012, 1:25 PM
The monitor in charge of the $25 billion
National Mortgage Settlement reminded the five participating servicers as well as the
public that today mar...
Mon, Oct 1 2012, 12:40 PM
The National Mortgage Licensing System
(NMLS) is upgrading its reporting system with a number of enhancements, many of
which seem aimed at keeping...
Mon, Oct 1 2012, 12:31 PM
While overall construction spending fell
in August, both public and private spending on residential construction increased
during the month. The Ce...
Fri, Sep 28 2012, 10:23 AM
Economists have been debating the
value versus risk of expanded refinancing opportunities since the early days of
the housing crisis. Proponents a...
Thu, Sep 27 2012, 11:34 AM
The report this morning from the
National Association of Realtors® ( NAR ) on pending home sales shows continued
volatility in the housing marke...
Thu, Sep 27 2012, 10:23 AM
The performance of mortgages
serviced by banks regulated by the Office of Comptroller of the Currency (OCC)
declined in the second quarter but was i...
Thu, Sep 27 2012, 9:25 AM
The most recent evaluation of the FHFA by it's Office of Inspector General (OIG), released on Thursday,
found that FHFA had perhaps delegated to...
Wed, Sep 26 2012, 11:08 AM
A number of state attorneys general (AG)
sent out nearly identical notices this week regarding the April $25 billion, 49
state settlement with mort...
Wed, Sep 26 2012, 11:01 AM
New home sales were down slightly in
August compared to July, slipping 0.3 percent to a seasonally adjusted annual
rate of 373,000 units and were 2...
