Wed, Sep 26 2012, 10:29 AM
Behind the public face of their business models Freddie Mac
Fannie Mae produce, use, and invest in a variety of products to increase their
profitabi...
Wed, Sep 26 2012, 8:41 AM
Refinancing activity increased as
interest rates fell to new lows according to the Weekly Mortgage Applications
Survey released this morning. The...
Wed, Sep 26 2012, 6:01 PM
The Mortgage Bankers Association (MBA)
announced Wednesday it has revitalized its MISMO Government Forum. The group met last Friday as part of MIS...
Wed, Sep 26 2012, 5:49 PM
Fannie Mae and Freddie Mac (the GSEs)
completed approximately 129,000 foreclosure prevention actions during the
second quarter of 2012, bringing ...
Tue, Sep 25 2012, 11:16 AM
The July House Price Index (HPI)
released by the Federal Housing Finance Agency (FHFA) this morning follows the
S&P/Case-Shiller report issued ear...
Tue, Sep 25 2012, 11:07 AM
Home prices as measured by the S&P/Case-Shiller
Home Price Indices rose across the board in July with both the 10- and 20-City
Composites and all...
Tue, Sep 25 2012, 2:47 PM
Even while housing is repeatedly cited as a leading cause of the Great
Recession and as a significant key to a full recovery the candidates for
Pres...
Mon, Sep 24 2012, 11:02 AM
Lender Processing Services (LPS) previewed its October Mortgage Monitor Report today and it
shows a continued decline in both mortgage delinquen...
Mon, Sep 24 2012, 2:16 PM
The Federal Housing Finance Agency's
Office of Inspector General ( FHFA OIG ) has recommended that FHFA issue
standards for the two government spons...
Mon, Sep 24 2012, 1:26 PM
The level of commercial and
multifamily mortgage debt decreased by 0.4 percent from the first to the second
quarter of 2012 according to the Mortg...
Fri, Sep 21 2012, 12:13 PM
The Government Accountability Office
(GAO) has completed a study with results that most of us could have
anticipated. After a review of a number
...
Thu, Sep 20 2012, 10:33 AM
A federal regulator is proposing that five states with higher
than average foreclosure costs pick up part of the tab for those foreclosures
throug...
Thu, Sep 20 2012, 1:19 PM
Misuse of the FHA Preforeclosure Sale
Program may have cost the Department of Housing and Urban Development (HUD)
over a billion dollars for ...
Wed, Sep 19 2012, 12:05 PM
Existing home sales and home prices both
improved in August, with sales rising 7.8 percent on a seasonally adjusted
annual basis. According to in...
Wed, Sep 19 2012, 11:29 AM
The time
needed to close a mortgage loan has increased by almost 25 percent over the
last year, from an average of 40 days to 49 and it was refi...
Wed, Sep 19 2012, 10:09 AM
Permits for construction of privately-owned
housing dipped slightly in August, down 1.0 percent to a seasonally adjusted
annual rate of 803,000 unit...
Wed, Sep 19 2012, 9:17 AM
Applications for mortgages during the
week ended September 14 were virtually unchanged from the previous week
according to the Mortgage Bankers As...
Wed, Sep 19 2012, 4:10 PM
Building permits for residential
remodeling were issued at a seasonally adjusted annual rate of 3.14 million in
July, an increase of 6 percent fro...
Tue, Sep 18 2012, 12:07 PM
The National Association of Home
Builders (NAHB)/Wells Fargo Housing Market Index (HMI) which measures builder
confidence hit a six year high in Se...
Tue, Sep 18 2012, 11:51 AM
After increasing for two quarters
TransUnion's Credit Risk Index (CRI) ratcheted back down in the second quarter
of 2012 to about the same place i...
Tue, Sep 18 2012, 10:57 AM
The Federal Housing Finance Agency's Office
of Inspector General (FHFA-OIG) has completed two evaluations related to
servicing of Fannie Mae and...
Tue, Sep 18 2012, 3:25 PM
Fannie Mae's economists are
predicting continued slow growth in the second half of the year. The first half was marked by improvements in
some eco...
Tue, Sep 18 2012, 1:58 PM
Data on lending activity during 2011
at 7,632 financial institutions that are covered by the Home Mortgage
Disclosure Act ( HDMA ) was released to...
Mon, Sep 17 2012, 11:39 AM
Lawrence
Yun, Chief Economist for the National Association of Realtors® (NAR) said Monday
that there would be enormous benefits to the nation's econ...
Fri, Sep 14 2012, 12:10 PM
Edward J. DeMarco, Acting Director of
the Federal Housing Finance Agency (FHFA) sketched in a broad outline of the
agency's vision for the future...
Fri, Sep 14 2012, 6:29 PM
Late Friday Fannie Mae gave borrowers
and lenders an alternative to documenting income for Refi Plus loans where
payment increases will be under 20 ...
Thu, Sep 13 2012, 9:58 AM
The Federal Housing Finance Agency's
(FHFA) Office of Inspector General (OIG) has issued a report on the progress
FHFA has made in correcting subs...
Thu, Sep 13 2012, 8:39 AM
Aggregate foreclosure activity as
measured by foreclosure filings rose 1 percent in August compared to September
but was down 15 percent from one ...
Thu, Sep 13 2012, 5:48 PM
The Departments of Treasury and Housing
and Urban Development released the August version of its monthly Housing
Scorecard this afternoon. The Sco...
Thu, Sep 13 2012, 3:49 PM
Congress just stepped into the dispute
over the right of Chicago and two communities in California to use eminent
domain on behalf of local homeown...
Wed, Sep 12 2012, 10:34 AM
The proportion of homeowners with
negative or near equity in their homes declined in the second quarter of the
year with 600,000 borrowers reachi...
Wed, Sep 12 2012, 9:53 AM
The official end of summer seems to have
signaled a resurgence in refinancing .
Despite a week shortened by the Labor Day holiday, applications fo...
Wed, Sep 12 2012, 4:20 PM
The September issue of Fannie Mae's Housing Insights says little specific
about housing, focusing instead on changes in average and aggregate ear...
Wed, Sep 12 2012, 2:40 PM
Pre-HAMP experience with loan modifications
may have been key to the outcome of the Home Affordable Modification Program (HAMP)
according to a pap...
Tue, Sep 11 2012, 10:45 AM
Two U.S. Senators have
reintroduced a bill which aimed at giving Freddie Mac and Fannie Mae (the GSEs)
financed homeowners with equity the some ...
Tue, Sep 11 2012, 10:35 AM
The Federal Housing Finance Agency
(FHFA) has moved to lift a lot of the uncertainty about lender risk and
responsibility with a new framework for...
Tue, Sep 11 2012, 3:40 PM
The House passed the Federal Housing
Administration Fiscal Solvency Act Tuesday by a vote of 407 to 7. The act, as introduced by Representative Ju...
Tue, Sep 11 2012, 1:51 PM
Guarantee fees (G-fees) are likely to
continue the pattern of gradual increases initiated since Freddie Mac and
Fannie Mae were placed in conserv...
Mon, Sep 10 2012, 11:37 AM
Consumer attitudes toward housing appear
to have stabilized, largely unchanged over the last few months but at levels markedly
higher than last year...
Mon, Sep 10 2012, 10:11 AM
The Securities Industry and Financial
Markets Association ( SIFMA ) joined by 25 other trade associations has fired
another salvo in the mortgage em...
Mon, Sep 10 2012, 3:06 PM
Delinquencies declined 1.6 percent from June to July
resulting in a mortgage loan delinquency rate of 7.03 percent. At the same time the pre-sale fo...
Mon, Sep 10 2012, 2:51 PM
A net total of 19 housing markets were added to the National
Association of Home Builders/First American Improving Market Index in
September, brin...
Fri, Sep 7 2012, 11:15 AM
Researchers for the Federal Reserve Bank of Boston have
taken a fresh look at the impact of foreclosures on the price of other homes in
a neighbor...
Fri, Sep 7 2012, 1:59 PM
The Home Affordable Refinance Program
( HARP ) hit what its sponsoring agency considered a milestone in July, with a
total of 519,000 loans refin...
Thu, Sep 6 2012, 11:00 AM
The American Bankers Association (ABA)
has reminded its members and others in the industry that the next few months
are critical to lenders becaus...
Wed, Sep 5 2012, 8:23 AM
Mortgage applications declined again
during the week ended August 31, down 2.5 percent on a seasonally adjusted
basis from a week earlier. The Mor...
Wed, Sep 5 2012, 3:17 PM
Loan modifications through the HOPE NOW
program increased dramatically in July, soaring 43 percent from the number of
completed modifications in J...
Tue, Sep 4 2012, 12:15 PM
The National Association of Realtors® (NAR)
said that Realtors are expressing less confidence about overall
market conditions, buyer and seller traf...
Tue, Sep 4 2012, 10:12 AM
Home prices in
the U.S. enjoyed the largest annual increase in July that they had in six
years, increasing 3.8 percent from prices in July 2011. ...
Tue, Sep 4 2012, 4:07 PM
Construction spending was $834.39 billion in July compared
to $842.22 billion in June and $763.47 in July 2011, a decrease of 0.9 percent
from the ...
